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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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This Week In Retail: Funding, Finance And Tech

PYMNTS

This week in retail, we’ve seen news coming in from multiple sides, including that of Apple’s projected increase in smartwatch sales , U.K. This week in retail, we’ve seen news coming in from multiple sides, including that of Apple’s projected increase in smartwatch sales , U.K. based online lender Prodigy shared its funding news.

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Startup Riskified Seeks $200M To Fight eCommerce Fraud

PYMNTS

An Israeli startup that creates anti-fraud services that deal with online transactions wants to raise $200 million for expansion, according to a report in Bloomberg. At Riskified, our goal is to turn fraud management into a growth engine for online retailers,” the company said on its website. “We

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Ant Financial Acquires Minority Stake In Klarna

PYMNTS

Other investors include venture capital firm Sequoia Capital and Australia’s biggest bank, Commonwealth Bank of Australia. For too long consumers have had to endure non-intuitive, boring and overly complex services when shopping both online and offline. Klarna added over 75,000 new merchants last year.

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Making A Sizzling Leap Into Digital Banking

PYMNTS

Upon releasing its latest earnings, LendingClub , known up until now for its personal loans delivered through its online platform, said it had struck a deal to buy Radius Bancorp. The $185 cash and stock deal would bring an online bank with $1.4 The cut comes after the retailer announced a $1.5 Home sales: In a sign that U.S.

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Five At Five: Apple Comes Out Big On Alibaba Singles Day

PYMNTS

retailers could get ATM-related refunds and there are new figures about consumer and business spending. Apple iPhone Outsells Samsung, Huawei On Alibaba’s Singles Day. Online shoppers will be able to book installations and assembly services when purchasing items such as TVs, bikes, furniture and other products through its marketplace.

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