Imagine grabbing your latte and paying with just a tap on your iPhone—that’s Apple Pay in action. But a Texas startup says there’s drama brewing under the tech hood. 🎬
The Lawsuit Explained
Fintiv, a company from Texas, claims Apple ripped off its technology to build Apple Pay. Here’s the scoop:
- CorFire origin: Fintiv bought CorFire in 2014; the tech powers secure payments.
- Millions affected: The disputed features now run on hundreds of millions of iPhones, iPads, Apple Watches and MacBooks.
- The legal angle: Fintiv’s complaint alleges trade secret theft, asking the court to step in.
Why It Matters
Apple Pay is one of Apple’s most profitable services—if Fintiv’s claims hold up, the $50+ billion mobile wallet could face headaches. Investors, entrepreneurs and everyday users are watching closely.
What’s Next?
Apple hasn’t responded to media requests yet. A court date will set the stage for arguments—stay tuned, because this case could reshape how tech giants handle startup innovation. ⚖️
We’ll keep you posted on any updates—because in tech, everything can change with one ruling. 🔄
Reference(s):
Lawsuit accuses Apple of stealing trade secrets to create Apple Pay
cgtn.com
