PNC Ordered To Pay USAA $218 Million In Patent Infringement Case
On Friday, a federal jury in Texas awarded financial services company United Services Automobile Association (USAA) around $218 million from PNC Bank NA, ruling that PNC’s mobile-banking technology violated USAA’s patent rights.
USAA filed a lawsuit against PNC in 2020, in which it said it developed its “Deposite@Home” technology to enable…
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