News Formal

Jury orders Wells Fargo to pay USAA $200 million in damages - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Winning damages from Wells Fargo could help USAA make its case in future litigations surrounding its mobile check deposit patents:

that Wells Fargo willfully infringed on two USAA patents for the "auto capture" process that simplifies check deposits made via mobile devices. USAA was awarded $200 million worth of damages due to the infringements associated with the lawsuit it filed in June 2018.Winning damages from Wells Fargo could help USAA make its case in future litigations surrounding its mobile check deposit patents.

It was granted patents on mobile deposit in 2011 and has been attempting to collect royalties from banks using the feature, but there has been little news of legal battles yielding payouts up until now : USAA previously filed a lawsuit against Mitek, a company that specializes in mobile imaging, but saw the legal fight end in a stalemate in 2014.

However, USAA's victory in its lawsuit against Wells Fargo could act as a precedent upon which USAA could build future legal cases, potentially granting USAA leverage as it works to negotiate licensing agreements with banks and credit unions to use its mobile deposit process., Business Insider Intelligence's expert product suite tailored for today's decision-makers in the financial services industry, delivered to your inbox 6x a week.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 729. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

Wells Fargo is one of the most poorly, they don't have a clue, run businesses on the planet ... I have first hand knowledge that would make a fantastic prime time story ...

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

CBS CEO will keep the top job but still get $100 million in severance - Business InsiderJoe Ianniello will stay on at ViacomCBS after the merger but in an unusual arrangement, will still get a hefty payout. 🕪يارب ❤🕊❤
ソース: BusinessInsider - 🏆 729. / 51 続きを読む »

Inside the factory where army veterans make 7 million poppies every year - Business InsiderThe factory employs army veterans to make poppies that are worn every year to remember those who have given their lives in the armed forces.
ソース: BusinessInsider - 🏆 729. / 51 続きを読む »

Balderton Capital: New $400 million fund for European tech startups - Business InsiderLondon headquartered Balderton Capital new fund will invest in Series A rounds in some of Europe's most exciting startups. Any one else read that as dicktrace and depoop?
ソース: BusinessInsider - 🏆 729. / 51 続きを読む »