Apple Pay violates patents held by security technology inventor, lawsuit alleges — The New York Times — “A small Boston company, founded by the inventor of a popular corporate encryption technology called RSA SecurID, sued Apple and Visa on Sunday, arguing that the Apple Pay digital payment technology violates its patents.”
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Patent troll (whose name is known to me.) One recognizes trolls by their behavior, specifically filing broad patent claims, waiting for someone else to succeed, then swooping in to claim part of the success.