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Patent trollin’: Apple sued over its Apple Pay technology

Another day, another lawsuit. Apple has been sued by Fintiv, a Texas company that is apparently a “patent troll.” The company claims Apple Pay infringes upon an acquired Korean patent they own.

The lawsuit relates to management of virtual cards stored on mobile devices and discloses provisioning a contactless card in a mobile device with a mobile wallet application. As noted by 9to5Mac, though claiming “over 20 years experience”, Fintiv was founded in 2018 and employs somewhere between 11-50 staff members in the mobile payments and marketing industry.

A “patent troll” is an individual or an organization that purchases and holds patents for unscrupulous purposes such as stifling competition or launching patent infringement suits. In legal terms, a patent troll is a type of non-practicing entity: someone who holds a patent but is not involved in the design or manufacture of any product or process associated with that patent.

Dennis Sellers
the authorDennis Sellers
Dennis Sellers is the editor/publisher of Apple World Today. He’s been an “Apple journalist” since 1995 (starting with the first big Apple news site, MacCentral). He loves to read, run, play sports, and watch movies.