SAN ANTONIO–USAA has won a second decision against Wells Fargo for willful violation of its patents related to remote deposit capture.
The juries in both cases found the patent infringement was willful, meaning that damages could potentially triple to more than $900 million, noted one analysis.
The latest award to USAA is for $102.8-million to USAA. As CUToday.info reported, that award follows another earlier award of $200 million against Wells Fargo for similar violations, and the decisions could affect credit unions, which are being urged to speak to their own vendors and attorneys.
In the most recent decision, Wells Fargo was found to have willfully infringed on two USAA patents covering technologies relating to remote deposit capture, according to World Intellectual Property Review.
USAA filed its first complaint in June 2018, before filing another suit in August that year, claiming that Wells Fargo has taken advantage of its “pioneering efforts” in mobile deposit technologies by incorporating the technologies into its apps, World Intellectual Property Review added.
“USAA recognizes that the advent of mobile check deposit has revolutionized the consumer banking experience, with considerable benefits for both banks and customers. But it is improper for Wells Fargo to use, without permission, patented technologies that USAA has spent immense resources to invent, develop, implement, and perfect,” USAA has said in its claim.