News & Analysis as of

Patent Infringement Patents Financial Services Industry

McDermott Will & Emery

“Payment Handler”: A Nonce Term Without Instructions

The US Court of Appeals for the Federal Circuit affirmed a district court’s ruling that a software term was a “nonce” term that invoked 35 U.S.C. § 112, sixth paragraph (i.e., a means-plus-function claim element). The Court...more

Quarles & Brady LLP

Companies Performing Financial Transactions Stuck in GUI Design Patent Infringement Cases

Quarles & Brady LLP on

Earlier this month, ten of the world’s largest companies were accused of infringing design patents claiming animated graphical user interfaces (GUIs). These assertions were made in addition to at least ten other lawsuits...more

Farella Braun + Martel LLP

Tips For Banks As USAA Check Deposit Patent Dispute Grows

In January 2020, we wrote a Law360 guest article that highlighted some of the risks that followed Wells Fargo Bank NA's strategy in its patent dispute with the United Services Automobile Association over remote deposit check...more

Shook, Hardy & Bacon L.L.P.

USAA Earns Trial Court Wins and Hefty Damages Awards on Cloud-Based Check Depositing Patents

Since we last reported on United Services Automobile Association’s (USAA) fight against Wells Fargo to Protect Cloud-Based Check Depositing Assets Against Competitors, USAA has dealt a 1-2 punch to Wells Fargo for infringing...more

Farella Braun + Martel LLP

Strategy Lessons From Wells Fargo Fintech Patent Litigation

United States Automobile Association (USAA) is a financial services company that provides insurance, banking, investment, and retirement products and services for members of the military and their families. On June 7, 2018,...more

Stinson LLP

Mobile Check Deposit Patent Case Headed for Trial

Stinson LLP on

Companies involved in mobile checking should watch case closely - The United States Automobile Association (USAA) owns a portfolio of patents aimed at mobile check deposit technology. One group of these patents is targeted...more

Polsinelli

Jury Verdict Invalidated a Patent Under Section 101

Polsinelli on

On September 12, 2019, after about six hours of deliberating, a jury in the United States District Court for the Eastern District of Texas determined that no infringement had been committed in a suit filed by PPS Data LLC...more

Shook, Hardy & Bacon L.L.P.

Bank Of America And Wells Fargo Hit With Patent Suit Targeting Mobile App Development

Two of the largest U.S. banks – Bank of America (“BofA”) and Wells Fargo – were sued for patent infringement by Wapp Tech Limited Partnership and Wapp Tech Corp. in the Eastern District of Texas in July 2018. ...more

Shook, Hardy & Bacon L.L.P.

USAA Fighting To Protect Cloud-Based Check Depositing Assets Against Competitors

Over the years USAA has aggressively asserted its patent portfolio related to check depositing. Specifically, USAA holds itself out as an innovator in the research and development of allowing banking customers to deposit...more

Shook, Hardy & Bacon L.L.P.

Financial Services Giant Fidelity Targeted On Open Source Software Usage

Fidelity is the latest target of Sound View Innovations, an intellectual property licensing company, for its use of several open source software components in Fidelity’s systems and platforms. Sound View filed its lawsuit...more

Knobbe Martens

ITC Issues Limited Exclusion Order of Diebold ATMs Following Finding of Patent Infringement

Knobbe Martens on

Patent Judgments and Awards - On July 14, 2017, the International Trade Commission determined that financial services company Diebold Nixdorf, Inc. (“Diebold”) violated Section 337 of the Tariff Act by importing ATMs and...more

11 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide