The patents, which focused on making cheque deposits made with mobile devices simpler, were the subject of a 2018 patent infringement lawsuit filed by USAA targeting Wells Fargo’s mobile deposit solution.
The process allows bank customers to use their mobile devices to photograph and then deposit checks without visiting a branch or sending cheques by mail. USAA claims that the technology is used by “nearly every US bank and credit union”.
The lawsuit was the first issued by USAA, after a notice posted in 2017 that banks and credit unions should be prepared to “pay their fair share” when licencing its patented technology.
