Independent innovator cheated - case from Sweden

Stefan Hultberg is a Swedish inventor who presented his idea about secure bank identification in 2007. It turned out that it was rather early for his idea, as the concepts of mobile apps and security did not yet go together. In 2010 Stefan made a new attempt. His idea was different, as it built mainly on software development, while the technologies banks were using at the time included sim-cards and sms communications. Stefan's company, Accumulate, started a pilot project together with the banks' jointly owned company, Finansiell id-teknik. Accumulate received some compensation for this pilot project but this was not even sufficient to cover the firm's own costs—they had no less than 15 patents registered for this solution. Stefan Hultberg suggested a licensing model which entailed that each user pay some sort of royalty fee for using the app. The banks did not agree. During this time, Accumulate had had meetings with the banks where details about how the solution worked had been revealed—including details about the source code under the protection of non-disclosure agreements. In autumn 2010 Finansiell id-teknik announced they were not interested in Accumulate's idea and that they would build their own system. Stefan Hultberg claims that this is an identical copy of the system suggested by Accumulate. In 2017 the Swedish Patent and Market Court accused Finansiell id-teknik of patent infringement. 

The lawsuit is on-going.