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Samsung TV payments highlights Internet of Things possibilities

Banking 2020

Take the latest service from Samsung, the Korean electronics giant, that is unleashing its rival to Apple Pay for its smartphone handsets. But Samsung Pay won’t just be for handheld devices – a version will also be available on its range of smart TVs. Samsung Pay for TV works in much the same way. That’s it!”.

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This Week’s Reads: Millennials, Mobile Payments, Innovation

Banking 2020

Branch banking shifting from transactions to interactions: As consumers shift their banking preferences from branches to digital channels , financial institutions will need to rethink how they interact with customers and members and what venues they focus budgets on. a start-up in the mobile payments industry.

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Next in Mobile Payments: The Android Alternative

Banking 2020

Samsung Pay is another option, and in some ways even more user-friendly. While Google Wallet and Samsung Pay are both apps, with all the advantages and headaches that implies, Android Pay is embedded in the operating system. It even enables users to send money to anyone in the country with an email address.

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This Week’s Reads: Credit Unions, Digital Account Opening, Mobile Payments

Banking 2020

70% of Americans prefer digital to branch for account opening: As the use of digital services continues to grow across all industries, financial institutions are seeing an increase in their customers and members looking to use these services for banking purposes. What have you been reading?

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Wearable Technology: What Not to Wear

Banking 2020

Similarly, SAP recently launched a partnership with consumer electronics giant Samsung to build on wearable devices for retail and other markets. Even more prominently, Intel recently unveiled MICA (My Intelligent Communication Accessory), a luxury bracelet that serves a variety of productivity purposes.

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Google, Samsung join MasterCard tokenization scheme

Banking 2020

Google and Samsung are two of the big name mobile wallet providers to join MasterCard’s new programme designed to speed up tokenization. The Digital Enablement Express scheme was launched in early September, with Capital One, Fifth Third Bank and KeyBank among the first issuers on board.

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Hard Questions on Hardware

Banking 2020

First, it’s important to note that there are many, many smartphone models available from companies not named Apple or even Samsung. And those brands don’t have to come from the phone manufacturer or carrier worlds.