Patent infringement suits are a growing concern for banking institutions. Community banks and credit unions need indemnification provisions in the contracts they sign with third-party service providers and other vendors. Regulators and banking associations have roles to play, by ensuring these smaller institutions are educated about their patent rights and their vendors’ liabilities. Smaller institutions have been voicing concerns to regulators, and regulators are listening, but it’s hard to know what role, if any, regulators should play in helping to protect the institutions they oversee.”]
Source: https://www.cuinfosecurity.com/blogs/patent-infringement-suits-target-smaller-banks-p-1546