mCom IP Expands Unified Banking Campaign in Various Districts

  • September 24, 2021
  • Category: New Patent Litigation, TPLF
    Market Sectors: E-Commerce and Software, Financial Services
    Tag: TPLF

mCom IP, LLC, a Texas entity associated with patent monetization firm Dynamic IP Deals LLC (d/b/a DynaIP), has fired off another round of suits in its sole litigation campaign, hitting Blend Labs (1:21-cv-07975) in the Southern District of New York; IBM (6:21-cv-00966) and INETCO and WoodForest Financial (WoodForest National Bank) (6:21-cv-00989) in the Western District of Texas;  FCTI (2:21-cv-07474) in the Central District of California; and CAFCU (3:21-cv-02285), Hyosung (Nautilus Hyosung Americas) (3:21-cv-02215), and UNISYS (3:21-cv-02288) in the Northern District of Texas. The single patent-in-suit generally relates to connecting multiple devices to a financial institution, accessing stored customer data, and monitoring that user session to select related “targeted marketing content”, with the defendants accused of infringement through the provision of their respective “unified banking systems”. At issue are features related to consumer transaction management and monitoring, customer data analytics, and marketing.

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