TD Bank Group Joins The Open Invention Network Community

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  • It offers a full range of financial products and services to more than 26 million customers globally
  • OIN’s community practices patent non-aggression in core Linux and adjacent OSS technologies by cross-licensing Linux System patents to one another on a royalty-free basis

Open Invention Network (OIN) has announced that TD Bank Group (TD) has joined as a community member. It offers a full range of financial products and services to more than 26 million customers globally.

Keith Bergelt, CEO of Open Invention Network said, “The financial services and fintech industries are increasingly relying on open source technologies for building and integrating feature-rich platforms. As the first major North American bank to join our community, we are pleased that an established leader like TD is committed to patent non-aggression in core Linux and adjacent open source technologies.”

Supports protection from patent infringement claims

OIN’s community practices patent non-aggression in core Linux and adjacent OSS technologies by cross-licensing Linux System patents to one another on a royalty-free basis. Patents owned by OIN are similarly licensed royalty-free to any organisation that agrees not to assert its patents against the Linux System.

Josh Death, Intellectual Property and Patentable Innovations Lead at TD said, “We remain focused on leveraging the best technologies for our platforms and are excited to join the Open Invention Network (OIN), that supports protection from patent infringement claims for the greater good of the wider innovation community.”

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