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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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Samsung Electronics Catching Up To Alibaba In Terms Of Market Cap

PYMNTS

Alibaba Group Holdings , China’s largest eCommerce company, is being put on notice in terms of its dominant position from a stock perspective, with Samsung Electronics catching up. As of the close of trading on Thursday, The Wall Street Journal reported Samsung shares were at $1,480. On Thursday (Aug. Reports point to Sept.

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New(ish) Ideas Edition: Google, JPMorgan Chase And Samsung

PYMNTS

The second week of October also saw JPMC betting big on the blockchain, Google getting into hardware in a big way and Samsung having yet another explosive week — but not the good kind. A separate app for the network created by venture capital firm DAO was hacked, leading to the theft of $55 million worth of digital currency.

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London FinTech Curve Notches $95 Million Series C For US Expansion

PYMNTS

London-based FinTech startup Curve has raised $95 million in Series C funding led by IDC Ventures, Fuel Venture Capital, and the investment division of Vulcan Capital, launched from the estate of Microsoft co-founder and philanthropist Paul G. Founder and Curve CEO Shachar Bialick said in a press release on Tuesday (Jan. headquarters.

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South Korea's Digital Kakao Bank Prepares For IPO

PYMNTS

Kakao Bank is one of only two digital banks in the country and became profitable in 2019, according to Reuters, after less than two years of operation. The timing of the IPO hasn't been decided, although Reuters reported that analysts predict it will happen in the second half of 2021. billion).

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China’s YH Lands $182 Million For Supply Chain Management

PYMNTS

22) said the company raised $182 million from private equity firms Yonghua Capital and Co-Energy Finance. Stone Capital, Tangrong Capital and Shenzhen Grandland Group also participated. Alibaba and Samsung are clients, according to reports, and the company operates with logistics centers at more than 50 cities in China. “In

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Amazon Launches Cooking Smart Home Skill API

PYMNTS

The skill will allow customers to configure, start and operate their microwaves using voice commands. What’s more, GE Appliances, Kenmore, LG and Samsung are working on integrating the API’s cooking capabilities in future products.

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