PPS Data Asserts Exclusive Rights To Remote Deposit System For Banks
PPS Data, LLC (“PPS”), a Nevada corporation formerly known as NetDeposit, LLC, commenced a patent infringement action against two Georgia corporations, VSoft Corporation (“VSoft”) and VServe, Inc. (“VServe”) on January 9, 2015 in the Northern District of Georgia. The complaint asserts infringement of patents relating to check imaging, truncation, optimized clearing, and full settlement reporting, including United States Patent Numbers 7,181,430 (the ‘430 Patent), 7,216,106 (the ‘106 Patent), 7,440,924 (the ‘924 Patent), 7,624,071 (the ‘071 Patent), and 8,660,956 (the ‘956 Patent).
The complaint alleges that PPS is "a software provider for banks, third party processors, and commercial businesses to enable check imaging, truncation, optimized clearing and full settlement reporting, including the design and sale of remote deposit capture products and services."
The complaint asserts infringement of PPS patents by VSoft, which “designs, manufactures, and markets software, products and services to facilitate remote deposit capture, deposit processing and remote deposit solutions,” and by VServe, which “provides item and deposit solutions including the VSoft Agile systems.”
The infringement claims for the five patents are set forth in five identically worded counts in the complaint. The five patents are in the same family and share the same specification. Figure 1 from the five patents, which illustrates the process flow of the claimed invention, is depicted below.