‘Supreme Court ruling has wiped out 11 “do it on a computer” patents so far’

Joe Mullin, writing for Ars Technica:

Most recently, on Thursday September 11, a Florida court knocked out a patent held by a company called Every Penny Counts, or EPC. Lee explains that the company held a patent “on the concept of subtracting a small amount of money from each of many payments in order to accumulate a larger sum of money—using a computer.” Every Penny Counts has been suing financial companies since 2007.

It’s about time!