It may seem too good to be true, but a depository institution service authorized by a 2004 federal law ? familiarly known as “Check 21” ? can eliminate those frantic office-branch dashes to deposit ...

USAA and Truist Bank have resolved a dispute over the San Antonio insurance and financial services company’s patent on technologies that allow customers to deposit checks using their cell phones and ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The Birmingham-based company is ...

“While a check may provide a payor with a convenient and secure form of payment, receiving a check may put certain burdens on the payee, such as the time and effort required to deposit the check. For ...

PNC has won an appeal of a lawsuit USAA filed against it over the bank's use of mobile deposit capture technology — a feature that lets customers deposit a check by taking a picture of it with their ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min USAA is suing Alabama-based ...

“[T]he CAFC found that the technological solution presented by the ‘638 patent involved routine processes… regardless whether the resulting invention accomplishes mobile deposits without the use of ...

The US Court of Appeals for the Federal Circuit overturned a district court grant of summary judgment of patent eligibility under 35 U.S.C. § 101 in connection with a patent directed to remote check ...

East Texas jurors delivered the awards in separate trials in 2022 after finding PNC Bank infringed on USAA’s technology for depositing checks using a mobile device. In June, though, the U.S. Court of ...

Proving tax deductions without cancelled checks There is a growing trend toward remote deposit of checks. Because of the ...