DALLAS - (03/24/06) -- Entrust Inc. filed a patentinfringement suit Wednesday against Addison Avenue FCU claiming thecredit union giant implemented an online authentication system thatinfringes its grid authentication patent. The Entrust patent coversall methods for online log-on some form of grid authentication withor without an accompanying password. Entrust claims the $1.8billion credit union deployed its online authentication technologywithout a license from Entrust. The suit was filed in U.S. DistrictCourt for the Northern District of California. An official with thecredit union said they had no comment on the suit at thistime.
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A bipartisan housing provision has emerged as a critical negotiating point for passage of an uncommonly bank-relevant defense authorization bill.
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More than 400,000 consumers may be affected after Marquis Software Solutions suffered a breach traced to a bug in SonicWall software disclosed last year.
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Midland States Bancorp has completed three major asset sales in the past 12 months, exiting national business lines and shifting focus to its core community banking franchise.
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Employees throughout the company can use generative AI to query data from sales calls, email, invoices and a host of other information sources.
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The Canadian bank is determined to grow its U.S. business organically, CEO Darryl White said Thursday. But with so much excess capital, analysts wondered about the bank's appetite for M&A.
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The Canadian bank still has more work to do as it rolls out additional processes, technology and training. TD will also have to prove to regulators and the U.S. Department of Justice that its actions are sustainable.
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