United Services Automobile Association is suing Birmingham-based Regions Financial Corp., with USAA saying that Regions used its patented check deposit technology without permission for its own gain.
It may seem too good to be true, but a depository institution service authorized by a 2004 federal law ? familiarly known as “Check 21” ? can eliminate those frantic office-branch dashes to deposit ...
“While a check may provide a payor with a convenient and secure form of payment, receiving a check may put certain burdens on the payee, such as the time and effort required to deposit the check. For ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The Birmingham-based company is ...
“[T]he CAFC found that the technological solution presented by the ‘638 patent involved routine processes… regardless whether the resulting invention accomplishes mobile deposits without the use of ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min USAA is suing Alabama-based ...
David Folsom, a former judge brought in to mediate the dispute, informed a federal court in Marshall that the parties had reached a settlement. The parties also filed a joint motion to pause all ...
PNC has won an appeal of a lawsuit USAA filed against it over the bank's use of mobile deposit capture technology — a feature that lets customers deposit a check by taking a picture of it with their ...
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