United Solutions Co., a credit union service organization owned by five area credit unions and one former credit union, has agreed to license the card-customization technology owned by Serverside Group.
In doing so, it becomes the first of more than a dozen credit union and bank defendants to settle a patent-infringement suit the London-based owner of credit card customization patents brought in June (
The license will cover all of United Solutions’ 85 credit-union customers and any future card-customization programs with credit unions.
“We are delighted to have brought this matter to a close and, equally importantly, that we are now able to offer our customers reassurance that they are dealing with a card-customization provider that has the necessary rights to offer the service,” Jim Giacobbe, United Solutions president, said in a press release.
The Tallahassee, Fla.-based-organization is owned by Envision Credit Union, Florida Commerce Credit Union, Focus Credit Union, Tallahassee Leon Federal Credit Union, TMH Federal Credit Union and Sunshine Saving Bank, a one-time credit union that converted to mutual savings bank.
United Solutions is among a group of credit unions, banks and technology companies sued by Serverside for allegedly infringing on its patent for the popular card customization technology. Among the other defendants are PSCU Financial Services, The Members Group, Anheuser Busch Federal Credit Union, Credit Union 1, Neighbors Credit Union, Bank Iowa, American State Bank, Eastern Bank, T8 Webware, JHA Payment Processing Solutions and CPI Card Group.
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