Thanks to cutting-edge digital technology, cars are increasingly like "
smartphones on wheels
", so manufacturers need to have access to the latest patented 4G and 5G technologies essential to navigation and communications. But often the companies that hold the patents are reluctant to license them because manufacturers will not accept the high fees involved, which leads to patent disputes and licensing rows.
Wells Fargo has lost a second mobile deposit patent lawsuit brought against it by USAA in a federal court in Marshall, Texas.
The San Francisco-based bank was found liable for $102.8 million for improperly infringing on USAA's patents for mobile deposit.
It is the second recent loss for Wells Fargo versus USAA. In November, Wells Fargo was found liable in the amount of $200 million for infringing on two other patents.