TYLER, Texas—USAA has filed a federal lawsuit against Wells Fargo alleging patent infringement on its mobile remote deposit capture technology.
The lawsuit, filed in US District Court for the Eastern District of Texas, is asking for unspecified damages from banking giant Wells Fargo.
USAA holds around 50 patents connected to its remote deposit capture technology.
Last year, USAA began asking banks for licensing fees related to the patents. Wells has so far failed to license the technology, prompting the lawsuit, according to Finextra.
The complaint states "it is improper for Wells Fargo to use, without permission, patented technologies that USAA has spent immense resources to invent, develop, implement, and perfect."
In 2014, USAA settled a suit with mobile check imaging outfit Mitek Systems with no money changing hands.