Federal Circuit Applys Alice Analysis, Holds Claim Invalid Under 101

Last week, in its decision in Buysafe v Google (decision here) the Federal Circuit applied the Alice Corp. analysis prescribed by the US Supreme Court to hold patent claims invalid under 35 USC 101.

Here's the main claim:

1. A method, comprising:

receiving, by at least one computer application program running on a computer of a safe transaction service provider, a request from a first party for obtaining a transaction performance guaranty service with respect to an online commercial transaction following closing of the online commercial transaction;

processing, by at least one computer application program running on the safe transaction service provider computer, the request by underwriting the first party in order to provide the transaction performance guaranty service to the first part,

wherein the computer of the safe transaction service provider offers,  via a computer network, the transaction performance guaranty service that binds a transaction performance guaranty to the online commercial transaction involving the first party to guarantee the performance of the first party following closing of the online commercial transaction.

So, yeah.