AuthWallet Attempts Financial Services Campaign Reboot After Alice Invalidation

March 8, 2024

AuthWallet, LLC has filed second suits against Amarillo National Bank (7:24-cv-00064), Canadian Imperial Bank of Commerce (CIBC Bank USA) (7:24-cv-00065), Cullen/Frost Bankers (7:24-cv-00066), Fiserv (7:24-cv-00063), and PNC Financial Services Group (7:24-cv-00067), again in the Western District of Texas. The defendants are again accused of infringement over the support of certain mobile banking/payment functionalities in various financial products. The first cases against these defendants, filed in February 2023, faced serious headwinds, the defendants immediately challenging the sufficiency of AuthWallet’s (sometimes facially incomplete) infringement allegations in its pleadings and then raising the Federal Circuit’s May 2023 affirmance of an invalidation under Alice of a “closely related patent” of AuthWallet.

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