Fidelity and US Bank settle Global Cash Access ATM patent dispute

Fidelity and US Bank settle Global Cash Access ATM patent dispute

Las Vegas-based gaming payments outfit Global Cash Access has settled an ATM patents dispute with Fidelity National Information Services and US Bank.

Global Cash Access had initiated litigation in the United States District Court of Nevada in which it alleged that the Fidelity National divisions and US Bank had infringed a patent relating to using an ATM as both a cash machine and a point-of-sale terminal.

The defendants had counterclaimed, asserting that Global Cash Access had engaged in unfair trade practices and that its patents were not enforceable.

In reaching a setlement, the parties have agreed to withdraw from all pending litigation. No cash has changed hands as a result of the settlement, the companies state. Other terms of the agreement are confidential.

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