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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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Wells Fizzles, Lyft Sizzles And Samsung Snatches A Sizzle From A Fizzle

PYMNTS

Try being Samsung this past week, which had both a sizzle and a fizzle. The private equity firms that have backed the latest capital infusion are ones that are known for doing so as their investees get ready to go public. The Capital One data showed that such stepped-up activity will not occur in the next six to 12 months.

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Ant Financial Acquires Minority Stake In Klarna

PYMNTS

Klarna, Europe’s most valuable FinTech, was founded in 2005 and has financial backers that include the rapper Snoop Dogg, who is also part of the company’s marketing. Other investors include venture capital firm Sequoia Capital and Australia’s biggest bank, Commonwealth Bank of Australia.

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5 Campaigns to Increase Deposits Targeting Digital Wallets

South State Correspondent

In this article, we highlight the details of these digital wallets and provide bankers with five marketing campaigns to bring these deposits back on balance sheet. According to a recent Capital One study done at the start of this year, 65% of U.S. adults said they used a digital wallet at least once in the past year.

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How Handset Makers Are Trying To Keep Customers

PYMNTS

And the cooling passion for rapidly replacing phones is paired with a waning enthusiasm for the highest end phones on the market, according to research from Gartner. I think the data in the global market attests to that,” Grant said. Going Big on New Features: the Foldable Samsung. It seems smartphone makers don’t think so.

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How Tech Companies Are Backing The Future Of Retail Through AR, AI And Drones

PYMNTS

The eCommerce retailer invested $22.6 Here’s how these companies are investing in R&D — and ushering in the next generation of retail technology. We’re working with manufacturers like Samsung, Huawei, LG, ASUS and others to make this possible with a consistent bar for quality and high performance,” Burke wrote.

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SoftBank, Paytm To Launch Digital Payment Service In Japan

PYMNTS

Bloomberg pointed to Line , Japan’s largest instant messaging service, and the flea market app Mercari as two companies expanding into digital payments. It also has to contend with competition from PayPal, Ant Financial and Tencent, as well as Apple and Samsung Electronics. SoftBank already owns a stake in Paytm’s parent company.

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