Defendant
1 case as defendant.
AuthWallet LLC is a Texas-based limited liability corporation and a subsidiary of Dynamic IP Deals. The company operates as a Non-Practicing Entity (NPE) or patent assertion entity (PAE) and does not offer its own products or services. Instead, its business model centers on asserting an acquired patent portfolio primarily focused on financial transaction and authentication technologies.
AuthWallet's patent portfolio includes technologies such as systems and methods for processing financial transaction data, including those involving mobile device confirmation and stored value applications. Specific patents they have asserted include U.S. Patent No. 9,292,852, which relates to transaction processing services, and U.S. Patent No. 8,099,368, covering an intermediary service for processing financial transaction data with mobile device confirmation.
The company's patent litigation posture is that of a plaintiff asserting its portfolio against operating companies. AuthWallet LLC has initiated numerous patent infringement lawsuits against a wide range of companies in the financial services and technology sectors, including CitiGroup, Square, American Express, Starbucks, Nordstrom, Block Inc., PNC Financial Services Group, Fiserv, and various banks and hotel chains. Many of these cases have been filed in plaintiff-friendly venues, such as the Western District of Texas.
AuthWallet LLC appears as a defendant in the single tracked case, Unified Patents, LLC v. AuthWallet LLC, before the Patent Trial and Appeal Board (PTAB). In this PTAB challenge, all challenged claims of AuthWallet's U.S. Patent No. 9,292,852 were found unpatentable. Other notable contexts include a March 2024 voluntary dismissal with prejudice of a suit against PNC Financial Services Group in the Western District of Texas, and a March 2026 dismissal of a suit against CIBC Bank USA due to issues with the patent's chain of title, which is currently on appeal. Earlier, in May 2022, a case against Block Inc. was dismissed in the Southern District of New York, where the court found AuthWallet's asserted patent claims to be directed to an abstract idea.
An inter partes review (IPR) challenging US Patent 11626066 was initiated by Unified Patents, LLC against AuthWallet LLC at the PTAB, concluding in a settlement.