BUFFALO, N.Y. Three more credit unions were sued in federal court Friday by a New York patent holder that claims they are infringing on patents relating to their processing of transactions through their ATMs, the latest in a growing list of credit unions targeted by patent claims.
The new claims were filed by Automated Transactions LLC against Buffalo Service CU, Buffalo Community FCU and Erie Metro FCU. The suits follow similar infringement claims filed in December against New England FCU and Heritage Family CU. Automated Transactions also has sued more than two dozen banks over the past two years.
In the new suits, Automated Transactions claims infringement from the processing of ATM transactions through the Internet.
The company has been involved in numerous previous patent suits regarding the ATM claim. The most important was a suit against IYG Holdings Co., the owner of 7-Eleven convenience stores. A federal court ruled against the patent company and the ruling was upheld by an appeals court.