CUNA sets free webinar on RDC litigation for Oct. 30

CUNA will conduct a webinar Oct. 30 to discuss letter received by certain credit unions from law firms calling for negotiation of a patent licensing deal for remote deposit capture (RDC). Registration is open for the webinar, which is scheduled for 3 p.m. to 5 p.m. ET Oct. 30. A law firm that represents USAA claims to […]

CUNA will conduct a webinar Oct. 30 to discuss letter received by certain credit unions from law firms calling for negotiation of a patent licensing deal for remote deposit capture (RDC). Registration is open for the webinar, which is scheduled for 3 p.m. to 5 p.m. ET Oct. 30.

A law firm that represents USAA claims to have developed the technology that credit unions are using. Most credit unions use vendors for RDC services and products, and it appears that USAA is asserting patent infringement claims against credit unions directly instead of vendors.

The free webinar will discuss:

  • The latest happenings with the USAA RDC and the possible impact of litigation against Wells Fargo;
  • Steps credit unions can take to insulate it from possible patent infringements; and
  • How to plan a response to USAA claims.

The webinar is free for CUNA members, and CUNA members can also register for the recorded version, which is also free. All who register for the live webinar will receive access to the recording.

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The League of Southeastern Credit Unions & Affiliates represents 342 credit unions in Alabama, Florida and Georgia, with a combined total of $118.63 billion in assets and more than 10.1 million members. LSCU & Affiliates provides legislative and regulatory advocacy; education and training; cooperative initiatives (including financial education outreach); public messaging; information services; and business solutions.

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