ESQUIRE BANK EXECUTES PATENT LICENSE AGREEMENT WITH USAA FOR REMOTE DEPOSIT CAPTURE TECHNOLOGY

Provided By PR Newswire

Last update: Jun 7, 2024

The Patent License Agreement permits customers to deposit checks with Esquire Bank using their mobile devices.

JERICHO, N.Y., June 7, 2024 /PRNewswire/ -- Esquire Financial Holdings, Inc. (NASDAQ: ESQ) (the "Company"), the holding company for Esquire Bank, National Association (the "Bank"), today announced that the Bank has executed a comprehensive Patent License Agreement with USAA for the use of its 151 patents covering Remote Deposit Capture ("RDC") technology.