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RIC:PNCBKN.UL] and overturned a $218 million verdict won by financial services provider United Services Automobile ...
The USAA patents the bank is accused of violating represent “abstract ideas” with no “inventive concept,” a circuit court ...
In USAA's battle with banks over mobile deposit technology, which it says it invented, a bank has scored a rare victory.
A federal appeals court has set aside a $218.5 million jury verdict that USAA won three years ago against PNC Bank for ...
On Thursday, the Federal Circuit (CAFC) issued a precedential decision in United Services Automobile Association v. PNC Bank N.A. reversing the Eastern District of Texas’ summary judgment ruling that ...
But this seemingly generic utility has been at the center of more than a decade of lawsuits through which USAA has sued Wells Fargo and PNC and won hundreds of millions of dollars in three trials held ...
Earlier this year, a federal circuit judge found the USAA claims were unpatentable, reversing a lower courts’ multimillion dollar verdict against PNC Bank in a lawsuit filed by USAA. That ...
The legal battle over whether USAA Bank can continue its stronghold over mobile check cashing technology has reached another wind in the road and hurdle. After months of back and forth with ...
After years of successful litigation, and hundreds of millions in settlement money, USAA is facing an appeal for its current patent. It all centers around mobile check cashing – a modern ...
On ExpressNews.com: San Antonio’s USAA scores another court victory against a big bank over patents After the PNC verdict, Nathan McKinley, USAA’s vice president of corporate development ...
To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. USAA sued Regions on Tuesday, alleging the Birmingham, Alabama-based bank is infringing on four mobile ...