Banks lobby against business-method patents (goaded by one patent)

Hmm...

> the language of Mr. Schumer’s provision seems aimed at banks or, specifically, "a method or corresponding apparatus for performing data processing operations used in the practice, administration or management of a financial product or service."

It'd be nice if they'd attack business method patents in general, instead of just trying to carve out a little exception for themselves.

It looks like the legislation they lobbied for pertains specifically to "...a method or corresponding apparatus for performing data processing operations used in the practice, administration or management of a financial product or service."