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Bank of America and USAA Forge Patent Cross-License to Drive Financial Technology Innovation
PatentsGlobal

Bank of America and USAA Forge Patent Cross-License to Drive Financial Technology Innovation

New agreement enables shared use of AI, cybersecurity, and payment processing patents, signaling a strategic shift in banking IP management

Bank of America and USAA have entered into a patent cross-license agreement covering key technology areas such as artificial intelligence, machine learning, cybersecurity, network infrastructure, payment processing, and mobile check deposits. This deal marks a significant move toward collaborative innovation in the fi…

Tuesday, August 11, 2026
IIPLA News Desk