U.S. Bank has settled a legal dispute surrounding its right to use ATMs as points of sale. Global Cash Access Inc. originally filed a patent infringement lawsuit against U.S. Bank and Ultron Inc., both subsidiaries of Minneapolis-based U.S. Bancorp. Global Cash also had sued two divisions of Fidelity National Information Services, in Jacksonville, Fla. Both U.S. Bank and Fidelity National filed counterclaims against Global Cash, saying the company had engaged in unfair trade practices. The companies reached a settlement Thursday. The terms of the settlement did not call for any party involved to pay out cash. Other details of the settlement were not disclosed.

Posted by GEN-ERIC at 02:19:43 am into the following categories: In The News

---

http://gen-eric.com/patents/htsrv/trackback.php/828

Name:

Email: (not displayed on this site)

Site/Url:

Comment text:

Allowed XHTML tags: <p, ul, ol, li, dl, dt, dd, address, blockquote, ins, del, a, span, bdo, br, em, strong, dfn, code, samp, kdb, var, cite, abbr, acronym, q, sub, sup, tt, i, b, big, small>

URLs, email, AIM and ICQs will be converted automatically.

Options:
Auto-BR (Line breaks become <br />)
Remember me (Set cookies for name, email & url)