By Jonathan Stempel (Reuters) -Apple has been sued by a Texas company that accused the iPhone maker of stealing its technology to create its lucrative mobile wallet Apple Pay. In a complaint made ...

A Texas based firm Fintiv has alleged Apple of using its trade secrets and technology illegally to develop its Apple Pay.

Apple Pay is now the fifth most widely available online payment option as more shoppers ditch traditional checkout forms for faster, mobile-first alternatives.

The lawsuit in Atlanta federal court seeks compensatory and punitive damages for violations of federal and Georgia trade secrets and anti-racketeering laws, including RICO.

(Reuters) -Apple has been sued by a Texas company that accused the iPhone maker of stealing its technology to create its lucrative mobile wallet Apple Pay. In a complaint made public on Thursday ...