Dynamics Inc., billing itself as “an innovator in next-generation payment systems”, has filed suit against Samsung (1:19-cv-06479), accusing the company of infringing four patents generally relating to data transmission via “multifunction magnetic emulators”, “dynamic magnetic stripe communications devices”, and/or “magnetic stripe emulators”. The plaintiff reads the patents’ claims against certain Samsung Galaxy S8, S9, S10, Note8, and Note9 smartphones, as well as its Gear S3 Frontier smartwatch, targeting hardware components (e.g., MST (Magnetic Secure Transmission) antenna, NFC (near field communication) antenna, wireless charging coil, etc.) of the devices that enable mobile proximity payments. Dynamics further pleads a breach of contract claim, alleging that Samsung divulged information provided by the plaintiff under NDA to LoopPay, a company that Samsung reportedly purchased for roughly $250M in 2015.