Skip to main content
USAAPartnership

Bank of America, USAA ink patent agreement

What happened

USAA and Bank of America have signed a cross-license agreement that allows each company to use the other’s full portfolio of patents.

Source

bankingdive.comAug 5, 2026By Dan Ennis

Bank of America, USAA ink patent agreement

Article excerpt

Highlighted: the sentence this signal was extracted from

The deal allows each company to use the other's full portfolio of patents. USAA for years has sued – or threatened court action against – banks it says infringe on its remote deposit capture patents. Bank of America and USAA have signed a cross-license agreement that lets each company use the other's full portfolio of patents, the firms announced Tuesday . The agreement links perhaps the most publicly prolific financial institution in the patent sphere with one of the most protective. USAA, a military-focused insurance and financial services provider, sent letters to 100 banks in 2017, warning them they were violating the company's 130 mobile deposit patents. The San Antonio-based firm has sued a handful of banks, too – winning two nine-figure judgments against Wells Fargo in 2019 and 2020, as well as a $218.5 million verdict against PNC that was overturned last year. The legal battles continue, though. USAA sued Fifth Third last month, alleging mobile deposit capture patent infringement. The company also sued Regions, on similar grounds, in early 2025. Bank of America, meanwhile, regularly issues press releases touting the number of patents it's received. The bank counted roughly 6,600 as of March 2024. At the time, the Charlotte, North Carolina-based bank said it had seen a nearly 70% increase in the number of patents it owns over the previous five years. "Bank of...

Keep reading with a free account

The rest of this article, and every signal for USAA, is in your free account.

Extracted by Autobound

From the Signal API record
Event
Partnership

What this signalsA new partnership often opens integration and co-selling work.

Takes effect
Aug 4, 2026
Location
San Antonio, Texas, United States

More partnership signals at other companies

The full record

From the Signal API record

Extraction

Confidence
95%
Detected
Aug 5, 2026
signal_type
news
signal_subtype
partners_with

Use this data

Get every partnership signal for USAA and the companies you sell to, in the tools you already use.

  1. Ask Claude about it

    Connect Autobound to Claude, Claude Code or Cursor with MCP. Then ask: “What changed at USAA this week?”

  2. Send it to your own tools

    The Signal API returns partnership signals for any list of companies as JSON, for your CRM, warehouse or app.

  3. Try it free

    Sign up and spend your free credits on the companies you sell to.

    Start Free1,000 free credits

The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/a1e2680c-7b65-4651-3b15-d99982a0181e returns this record as JSON. POST /v1/companies/enrich returns every signal for usaa.com.

{
  "signal_id": "a1e2680c-7b65-4651-3b15-d99982a0181e",
  "signal_type": "news",
  "signal_subtype": "partners_with",
  "detected_at": "2026-08-05T16:21:53+00:00",
  "company": {
    "name": "USAA",
    "domain": "usaa.com"
  },
  "data": {
    "url": "https://www.bankingdive.com/news/usaa-bank-of-america-patent-agreement-bofa/827102/",
    "title": "Bank of America, USAA ink patent agreement",
    "author": "Dan Ennis",
    "excerpt": "The deal allows each company to use the other’s full portfolio of patents. USAA for years has sued – or threatened court action against – banks it says infringe on its remote deposit capture patents. Bank of America and USAA have signed a cross-license agreement that lets each company use the other’s full portfolio of patents, the firms announced Tuesday . The agreement links perhaps the most publicly prolific financial institution in the patent sphere with one of the most protective. USAA, a military-focused insurance and financial services provider, sent letters to 100 banks in 2017, warning them they were violating the company’s 130 mobile deposit patents. The San Antonio-based firm has sued a handful of banks, too – winning two nine-figure judgments against Wells Fargo in 2019 and 2020 , as well as a $218.5 million verdict against PNC that was overturned last year . The legal battles continue, though. USAA sued Fifth Third last month, alleging mobile deposit capture patent infringement. The company also sued Regions , on similar grounds, in early 2025. Bank of America, meanwhile, regularly issues press releases touting the number of patents it’s received. The bank counted roughly 6,600 as of March 2024 . At the time, the Charlotte, North Carolina-based bank said it had seen a nearly 70% increase in the number of patents it owns over the previous five years. “Bank of...",
    "summary": "USAA and Bank of America have signed a cross-license agreement that allows each company to use the other’s full portfolio of patents.",
    "location": "San Antonio, Texas, USA",
    "planning": false,
    "image_url": "https://imgproxy.divecdn.com/15pAEaLxDpqjdBSToceAtg4stYQwsG0eCmiqUeTfqd4/g:ce/rs:fit:770:435/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9TQV9DYW1wdXMuanBlZw==.webp",
    "confidence": 0.95,
    "published_at": "2026-08-05T16:21:53Z",
    "location_data": [
      {
        "city": "San Antonio",
        "state": "Texas",
        "region": "Northern America",
        "country": "United States",
        "continent": "Americas",
        "fuzzy_match": false
      }
    ],
    "effective_date": "2026-08-04",
    "article_sentence": "Bank of America and USAA have signed a cross-license agreement that lets each company use the other’s full portfolio of patents, the firms announced Tuesday .",
    "related_company_name": "Bank of America",
    "related_company_domain": "bankofamerica.com"
  }
}

Long text fields are shortened on this page.

Looking up one signal by its id is free. Enrich costs 2 credits per signal returned; a call with no results is free.