USAA sue the regions over mobile deposit equipment

USA sued the regions on TuesdayArguing that Alabama -based bank violates four patents of mobile deposits.

USAA did not specify the amount it requires in financial loss, but called the violation of the regions “intentional”, and argued that payment “should be strengthened up to three times more than actual losses”, according to the complaint filed with the US District Court Eastern Court Texas.

This court, historically, was friendly to the USAA, handing over San Antonio insurance and financial services to the supplier, three nine-digit decisions against the banks he has filed in court since 2019.

The Secretary of the Regions refused to comment on the claim.

However, the USAA in its complaint noted that more than 24% of transactions with deposits of regions received through mobile channels, referring to a call for profits in the first quarter of the bank.

“The regions have received profit and continue profit, including providing their violation of mobile deposit services to millions of clients of the regions without the USAA permission and without any USAA compensation, which is significantly damaged by USAA and its members,” the company said in its complaint.

The fight against USAA mobile deposit technologies, an innovation, which was intended to benefit from members of service deployed abroad for the first time. USAA collaborated on remote seizure of deposits in the early 2000s with software to check Mitek identity. However, two companies had a fall, and each separately launched similar mobile deposit products – first Mitek in February 2008, then USAA in August 2009.

After a number of legal battles for the rights and licensing of technology, the company was regulated in 2014. Both kept their patents.

Then USAA sent letters to 100 banks in 2017, warning them that they violate 130 mobile deposit patents of the company.

USAA proposed licensing agreements as an alternative to lawsuits – and several financial institutions have adopted this Agreement. Hold In October 2023, he signed such an agreement on the decision of a lawsuit with USAA. DetectA little over a month earlier, he signed a license agreement to avoid lawsuits. Rely, North Carolina The first citizens of the bank and trustHe signed a similar agreement in October 2024.

“We have signed a lot of licensing agreements and hope for cooperation with more banks and credit unions to create mutually beneficial licensing agreements,” Vice -President and Head of Corporate Development Department Nathan McKinley said on Tuesday. “We remain devoted to the improvement of our technology and to receive reasonable compensation for the significant benefits that our innovations have brought to the industry.”

Not every bank has passed. Wells Fargo was ordered to pay USAA over $ 300 million 2019 and 2020 In judgments about patent violations that appeared for two months.

Judge ordered PNC in May 2022 USAA 2 $ 218.5 million In this case, patent. But after a bank based in Pittsburgh asked to view USAA patentsThe Patent Patent and Appeal Offices of the US trademark on the PNC side, it is invalid that three US patents for mobile check deposit deposits are invalid.

The four patents referred to in the regions are different from those for which the United States has sued. However, the USAA in the complaint on Tuesday claimed that the regions did not release their technology of mobile deposits, “by years after USAA has already implemented its patented technology.”

In addition, the regions “decided to break” on patents rather than participate in licensed discussions.