Intercurrency Software LLC

Intercurrency Software LLC is a Texas-based company identified as a patent assertion entity (PAE) or non-practicing entity (NPE) whose commercial operations focus on intellectual property licensing and enforcement. The company does not offer publicly disclosed commercial products or services.

Intercurrency Software LLC holds a portfolio of patents primarily directed at financial software systems, including currency-based trading, conversion, and multi-currency display technologies. These patents cover innovations such as consolidated trading platforms, methods for displaying trading assets in a preferred currency, and systems for currency exchange and international payment processing.

The company's litigation posture is that of a patent assertion entity, actively enforcing its intellectual property. It has appeared as a plaintiff in one tracked case in the plaintiff-friendly U.S. District Court for the Eastern District of Texas, a venue known for its active patent litigation docket. This aligns with a broader pattern of Intercurrency Software LLC initiating infringement lawsuits against financial institutions and fintech companies, many of which have been dismissed by joint stipulation.

As a defendant, Intercurrency Software LLC is involved in two tracked cases before the Patent Trial and Appeal Board (PTAB): AIRWALLEX PTY. LTD. et al. v. Intercurrency Software LLC and WISE PLC et al. v. Intercurrency Software LLC. These PTAB proceedings typically involve challenges to the validity of patents that are being asserted in district court litigation. Past plaintiff cases illustrating their assertion strategy include those against TD Ameritrade, Crypto.com (Foris DAX Asia), Ebury Partners, Morgan Stanley, and State Street, all concerning currency trading and financial technology patents.