Ripple Labs denies PayID is deceptively similar to trade mark of Aussie mobile banking system

Clayton Utz 2020-10-26 12:15 pm By Christine Caulfield | Melbourne

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US cryptocurrency maker Ripple Labs has hit back at an intellectual property lawsuit brought by the Australian company behind the ubiquitous PayID mobile banking system, saying its PayID trade mark is neither substantially identical nor deceptively similar to the Aussie mark.

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