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BeforePay defeats Bendigo and Adelaide Bank’s ā€˜Bā€™ trade mark challenge
Intellectual Property 2024-01-15 3:50 pm By Cindy Cameronne

Bendigo and Adelaide Bank has lost its opposition to the registration of three trade marks by pay on demand company BeforePay, with a delegate finding that consumers of banking and financial services were unlikely to be confused by the marks and acted with high ā€œcare and attentionā€.Ā 

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ASIC can’t undo stay of disciplinary case against iSignthis auditor
Appeals 2024-01-08 11:59 pm By Cindy Cameronne

The Australian Securities and Investments Commission has lost its bid to pursue a disciplinary case against former Grant Thornton director Bradley Taylor over his 2018 audit of fintech firm iSignThis while criminal proceedings are ongoing.

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High Court steers clear of Spitfire creditors’ fight over R&D tax refunds
Restructuring & Insolvency 2023-11-21 11:01 pm By Christine Caulfield

The High Court has denied special leave to the Commonwealth on behalf of employees of collapsed fintech Spitfire in a battle over $2 million in research and development tax refunds.

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EFTPOS provider Tyro wins restraint of trade case against rival Lightspeed
Financial Services 2023-11-17 11:28 pm By Sam Matthews

EFTPOS provider Tyro has won a year-long injunction against an authorised representative that pushed competing payment system Lightspeed on its customers, in breach of a restraint of trade clause in their contract.

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Payroll services provider PayMe loses challenge to Paymend trade mark
Intellectual Property 2023-10-16 10:24 pm By Cindy Cameronne

Payroll services provider PayMe Australia has lost its opposition to fintech Paymendā€™s bid to trade mark its name, with an IP Australia delegate finding the marks are not substantially identical.Ā 

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Crypto is ‘not money’: Finder Wallet fights ASIC case
Cryptocurrency 2023-10-04 9:33 pm By Cindy Cameronne

Finder Wallet has argued it did not need a financial services licence to sell its crypto product Finder Earn because it was not money, but instead allowed customers to purchase an asset and acted as a marketing tool to funnel users to its app.Ā 

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Zip offered Firstmac $4M to settle trade mark suit
Intellectual Property 2023-09-13 1:52 pm By Cindy Cameronne

Buy now, pay later company Zip Co offered $4 million to settle a lawsuit by mortgage provider Firstmac alleging infringement of its ‘Zip’ trade mark which it ultimately defeated.

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PayPal taken to court over 60-day deadline for complaints
Financial Services 2023-09-07 12:54 pm By Sam Matthews

The corporate regulator has filed a suit against fintech giant PayPal over a term in its contracts with small businesses that sets a deadline for complaints about excess fees.

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Tyro lawsuit accuses authorised rep of pushing competing EFTPOS product
Fintech 2023-09-04 2:54 pm By Cat Fredenburgh

Fintech Tyro has taken an authorised representative to court for allegedly breaching its contractual obligations by pushing a competing payment system on merchants.

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Ex-GC loses Fair Work case against fintech Littlepay
Judgment 2023-08-30 2:23 pm By Cat Fredenburgh

The former general counsel of UK-based transit payment provider Littlepay has lost her lawsuit alleging she faced a hostile workplace when she returned from maternity leave and was dismissed for making complaints about the company’s CEO and another global executive.

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