Finnavations Launches Financial Services Campaign, Filing 16 Suits
- April 14, 2015
Finnavations, LLC launched a campaign against financial services companies, filing suit against Alliance Bank, Bank of America, BBVA Compass Financial, Capital One, Charles Schwab, Citizens Bank, First Citizens Bank, First Republic Bank, Frost Bank, HSBC Bank, JPMorgan Chase, Keycorp Finance, PNC Financial Services, Prosperity Bancshares, Silicon Valley Bank, and US Bank. Each suit asserts a single patent concerning a financial management system (8,132,720). In the complaints, Finnavations accuses defendants’ online and mobile banking systems of infringement.