Apple has been prosecuted by Fintiv (Texas firm), who define themselves as a “new firm established by experienced personnel.” They are starting that Apple Pay breaches upon a purchased Korean patent that Fintiv possesses. Though advertizing “more than 20 years of experience”, Fintiv was established in 2018 and provides job for somewhere between 11–50 employees in the marketing and mobile payments industry.
Particularly, the patent covers using and storing digital wallet info on a mobile gadget taking into consideration online purchases and billing agreements. Fintiv’s site is predictably paper thin, providing up lots of corporate stock imagery coupled with hyper-marketing ads. While the firm shows a prominent header for “products” at the top of their website, it only takes you to more Fintiv firm overview and a web page to interact with them. Obviously, this is not a new thing that Apple gets sued due to a patent. In July, Apple was prosecuted for supposedly breaching on a firm’s patents due to Siri’s natural speech recognition tech.
On a related note, Qualcomm Inc earlier claimed in a court hearing that Apple Inc is $7 Billion behind in copyright royalty payments to the mobile processor company. Qualcomm supplied parts for years for the iPhone. Qualcomm and Apple are involved in a number of legal actions. Apple has blamed Qualcomm of unfair copyright licensing means. Qualcomm, the biggest mobile phone chip provider in the world, has in turn blamed Apple of patent violation.
Qualcomm made its comments about the size of Apple’s unpaid penalties in federal court in a hearing in San Diego in one of the cases. Apple has argued about the amount that it owes to the chip maker. Apple has claimed that Qualcomm is forcing it to pay for the same patents 2 times, once when Apple employs Qualcomm’s processor in iPhones and then one more time through patent royalties.