How Does the USAA Patent Verdict Affect Your Credit Union? webinar (recorded)

How Does the USAA Patent Verdict Affect Your Credit Union? webinar (recorded)
Members Only
Date:
11/21/2019 To 03/20/2020
Product Code:
AW112019
Speaker:
  • Free
    CUNA Member Price
  • Learn how to become a member here: cuna.org/join

Learn how a Remote Deposit Capture court decision could affect credit unions.

Earlier this month, USAA was awarded $200 million in a U.S. District Court jury trial in a patent
infringement lawsuit against Wells Fargo. USAA filed suit in June 2018 against Wells Fargo alleging that the bank infringed on certain USAA patents for remote check capture (RDC), specifically patents related to mobile check capture.

CUNA’s patent litigation attorney, Mike Rounds of Brownstein Hyatt Farber Schreck LLP, said that USAA is likely to aggressively enforce these patents, which could lead to litigation for credit unions. USAA has sent letters to many credit unions asking them to negotiate license deals for using RDC technology that USAA claims to have developed.

Join CUNA’s Senior Director of Advocacy Lance Noggle, Mike Rounds and Adam Yowell to learn more about how this decision has ramifications for credit unions.

Who Should Attend?

This webinar is beneficial for Operations, IT, Legal and Compliance professionals.

Recorded webinar length:1 hour

This webinar is available to CUNA Training Bundle users at no additional cost.

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