Fintiv initially filed the patent infringement lawsuit in federal court in December 2018.
Primetime Partners Chairperson Alan Patricof discusses expectations for the tech giants fiscal 2Q results and weighs in on the AI boom on The Claman Countdown.
The suit alleges that Apple infringed directly and indirectly on Fintiv’s patent for technologies related to mobile wallet applications in its Apple Pay and Apple Wallet apps. Fintiv, which was founded in 2010 as Mozido, Inc., is a financial technology firm that features a mobile cloud commerce platform that offers cloud payment services, loyalty programs and marketing campaigns.
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