Snapdocs and BNY Mellon have partnered to create an automated, end-to-end digital mortgage collateral infrastructure. The initiative combines BNY's custody capabilities with Snapdocs' eVault and document intelligence tools to support secure, touchless collateral delivery.
A patent infringement lawsuit filed against Snapdocs by Secure Ink LLC in October 2024 was dismissed with prejudice in November 2024. The swift resolution suggests a settlement or licensing agreement, allowing Snapdocs to continue its operations without ongoing litigation.
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