InterDigital, Inc. (NASDAQ:IDCC), a wireless, video, and AI technology research and development company, today announced that the company has signed a new IoT patent license agreement with a fintech company in the payments space.

The agreement covers the licensee's point-of-sale devices under InterDigital's global patent portfolio related to the cellular 3G and 4G standards, and the Wi-Fi 5 and Wi-Fi 6 standards.