Multiple patent infringement lawsuits involving Wells Fargo and the United Services Automobile Association (USAA) offer lessons about vendor management at a time when many financial entities are looking to offer technology comparable to (or better than) their competitors, but must do so without stepping on each other’s toes in a legal sense.
Patents involved in the cases pertain to remote deposit capture technology, which is used to allow retail banking customers to deposit checks via their mobile deposits.
Find out more details about the cases and the lessons they underscore.