Mastercard is patenting AI that updates retail store prices in real time
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A patent application from Mastercard says an artificial intelligence system can be trained to calculate optimum prices for goods in a store, and facilitate a dynamic pricing mechanism that works in real time.
Bank of America wants to patent a card that responds to your call
![Bank of America wants to patent a card that responds to your call](https://parolaanalytics.com/wp-content/uploads/2021/07/Bank-of-America-wants-to-patent-a-card-that-responds-to-your-call.jpg)
Inventors from Bank of America have come up with a solution for customers who struggle with finding the right credit or debit card in their wallet: a smart card that can answer when called upon.
Big banks commit to patent non-aggression as troll, tech challenges mount
![man looking over a design plan all over his wall](https://parolaanalytics.com/wp-content/uploads/2021/02/pexels-startup-stock-photos-212286-1024x683.jpg)
Canada’s TD Bank and London-based Barclays are now members of the Open Invention Network, the world’s largest patent non-aggression community, spearheaded by seven companies including Google, IBM, Sony, and Toyota.
Unauthorized streaming, FDA patent disclosure among new US IP law changes
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The European Union Intellectual Property Office and the OECD reported that trade in counterfeit and pirated products amounts annually to around €460 billion worldwide, with the EU’s import market affected by counterfeit and pirated products by as much as €121 billion annually.
EU highlights e-commerce and online services as counterfeiting hotspots
![graphic illustrating the prices in counterfeiting](https://parolaanalytics.com/wp-content/uploads/2020/12/EU-highlights-e-commerce-and-online-services-as-counterfeiting-hotspots-1024x557.jpg)
The European Union Intellectual Property Office and the OECD reported that trade in counterfeit and pirated products amounts annually to around €460 billion worldwide, with the EU’s import market affected by counterfeit and pirated products by as much as €121 billion annually.