This past January, RPX covered the recorded transfer of a portfolio of mobile payment patents that has now led to litigation. In separate Eastern District of Texas complaints, Secure Mobile Transactions, LLC has sued BOK Financial (Bank of Texas) (9:20-cv-00115), Charles Schwab (9:20-cv-00116), Comerica (9:20-cv-00117), Cullen/Frost Bankers (Frost Bank) (9:20-cv-00118), Independent Bank (9:20-cv-00119), Prosperity Bancshares (Prosperity Bank) (9:20-cv-00120), Regions Financial (Regions Bank) (9:20-cv-00121), and WoodForest Financial Group (WoodForest National Bank) (9:20-cv-00122) over their respective provision of payment cards that use authentication systems compliant with EMVCo’s payment tokenization specification.
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