Westpac Patents – Key Insights and Stats

Westpac has a total of 27 patents globally, out of which 9 have been granted. Of these 27 patents, more than 22% patents are active. Australia is where Westpac has filed the maximum number of patents, followed by United States of America and New Zealand. Parallelly, Australia seems to be the main focused R&D centre and also is the origin country of Westpac.

Westpac was founded in the year 1817. The Company provides banking services. The Bank offers accounts checking, savings deposits, money market, mortgage and term loans services, as well as card facilities and internet banking services. As of March 2023, the market cap of Westpac is $50.19 Billion.

Do read about some of the most popular patents of Westpac which have been covered by us in this article and also you can find Westpac patents information, the worldwide patent filing activity and its patent filing trend over the years, and many other stats over Westpac patent portfolio.

How many patents does the founder and the CEO of Westpac have?

The founder Lachlan Macquarie has 0 patent and CEO Peter King has 36 patents.

How many patents does Westpac have?

Westpac has a total of 27 patents globally. These patents belong to 24 unique patent families. Out of 27 patents, 6 patents are active.

How Many Patents did Westpac File Every Year?

Westpac Patent Filing Trend

Are you wondering why there is a drop in patent filing for the last two years? It is because a patent application can take up to 18 months to get published. Certainly, it doesn’t suggest a decrease in the patent filing.

Year of Patents Filing or GrantWestpac Applications FiledWestpac Patents Granted

How many Westpac patents are Alive/Dead?

Westpac Patent Portfolio

 How Many Patents did Westpac File in Different Countries?

Westpac Worldwide Patent Filing

Countries in which Westpac Filed Patents

United States Of America6
New Zealand2

Where are Research Centres of Westpac Patents Located?

R&D Centers of Westpac

List of Westpac Patents 

Westpac PatentsTitle
US8341043B2Dynamic Prepayment Risk Management
US7728075B2Coating Composition
US7576151B2Amino Acid Derivatives And Their Use As A Sag Control Agent
US6617389B1Aqueous Polymer Dispersion For Use In Water Based Glossy Lacquers
US6444749B2Aqueous Dispersions Of Particles Of Polymers With A Glass Transition Temperature Gradient
US20070213445A1Stain Blocking Water Borne Coating Composition
WO2018090083A1Electronic Payment Processing
WO2017161403A1A Method Of And System For Anonymising Data To Facilitate Processing Of Associated Transaction Data
NZ741622AGarment Configured To Assist In A Medical Emergency
NZ712357AA Method Of Facilitating A Transaction
AU357983SA Display Screen With Graphical User Interface
AU2009220033B1Dynamic Prepayment Risk Management
AU314933SCredit, Debit, Charge And Bank Cards
AU2005204292B2Integrated Financial Service Product
AU2018202593A1Garment Configured To Assist In A Medical Emergency
AU2017902912P0Electronic Payment Processing
AU2017901359P0Garment Configured To Assist In A Medical Emergency
AU2016904662P0Electronic Payment Processing
AU2015227417A1A Method Of Facilitating A Transaction
AU2016900784P0System, Method And Graphical User Interface
AU2015905280P0Computational System, Method And Graphical User Interface
AU2014903683P0A Method Of Facilitating A Transaction
AU2013273811A1Improvements To Online Financial Services
AU2011101184A4Improvements To Online Financial Services
AU2008237572A1Improvements To Online Financial Services
AU2009901629P0Dynamic Prepayment Risk Management
AU2007905840P0Improvements To Online Financial Services

What are Westpac key innovation segments?

What Technologies are Covered by Westpac?

The chart below distributes patents filed by Westpac in different countries on the basis of the technology protected in patents. It also represents the markets where Westpac thinks it’s important to protect particular technology inventions.

R&D Focus: How has Westpac search focus changed over the years?


Interested in knowing about the areas of innovation that are being protected by Westpac?

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Our comprehensive report provides an in-depth look into the patent portfolio. The report includes a breakdown of the patent portfolio across various technologies, listing the patent along with brief summaries of each patent's technology.