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Samsung Pay Crosses 1.3 Billion Transactions, But Falls Short of Apple Pay

Bank Innovation

As it makes its way to South Africa and continues to amass impressive partnerships with the likes of Alipay and PayPal, Samsung Pay might have completed three years in the mobile payments market, but its numbers still lag its main rival, Apple Pay. Samsung revealed yesterday that it had completed 1.3

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Metro Bank UK: 2023’s Next Bank Collapse? | Samsung’s Trackable Card Unveiled | UBS Tests Tokenized Fund on Public Blockchain

Bussman Advisory

Join our community of 50,000+ subscribers and stay informed on the latest trends and news in the FinTech & AI world with the weekly newsletter provided by Bussmann Advisory. This decline was exacerbated when UK regulators denied its request to modify capital requirements calculations for its residential mortgages.

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Whose Customer Is It When Banks And FinTechs Collaborate?

PYMNTS

Throw into the mix consumer protection guidelines, active anti-money laundering checks and capital requirements, and things get difficult, Oosthuizen noted. And, he noted, banks and FinTechs are going to need time to negotiate their relationships with each other, and with consumers the world over. Why Banks Need FinTechs.

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Making A Sizzling Leap Into Digital Banking

PYMNTS

Earlier this week, a FinTech took the leap into the full spectrum of financial services, perhaps paving the way for future mashups. FinTech has bought a bank, and it shows how digital-first firms can broaden their scale and reach with cross-pollination across financial offerings. To be the bank, buy the bank.

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Swift Prepaid, Bitty Pair Up For Virtual Merchant Cash Advances

PYMNTS

The funds can then be uploaded to a mobile wallet, including Apple Pay, Samsung Pay and Google Pay. Swift Prepaid is also supporting Bitty’s ability to provide immediate access to cash advances that are uploaded to business debit cards.

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Q&A: The Next Leg Of Fintech Innovation

CB Insights

After a difficult first quarter, fintech funding rebounded in a big way in Q2’20. Free Download: State of Fintech q2’20. Fintech funding rebounded in Q2’20 but deal activity continues to fall. Below, we answer some of our readers’ most pressing questions from the webinar on the state of fintech. First name.

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Payment predictions for 2017

Accenture

The payments landscape is changing fast due to new disruptive technologies such as open APIs, distributed ledger technology, cloud, Apple/Samsung/…Pay, and customers’ expectations are changing for seamless and faster payments. Use of Apple Pay, Samsung Pay etc. Contactless and Mobile Payments. Transaction Banking.

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