Edison, N.J.-based StrikeForce Technologies last week filed a patent infringement lawsuit against PhoneFactor, a Microsoft subsidiary, Fiserv and First Midwest Bancorp, Inc. in U.S. District Court.
StrikeForce claims its patent, "Multichannel Device Utilizing A Centralized Out-of-Band Authentication System (COBAS),” which relates to several key technologies underlying a multichannel security system for granting and denying access to a host computer in response to a demand from an access-seeking individual and computer, was violated.
StrikeForce claims in the lawsuit that PhoneFactor offers an account authentication solution that uses similar features and technologies as its patented product. The company further alleges that Fiserv and First Midwest have violated the patent through their use of the product.
Microsoft and PhoneFactor declined to comment on the lawsuit at this time.
Bryan Yurcan is associate editor for Bank Systems and Technology. He has worked in various editorial capacities for newspapers and magazines for the past 8 years. After beginning his career as a municipal and courts reporter for daily newspapers in upstate New York, Bryan has ... View Full Bio