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June’s Top 12 Mobile Pay Moments

PYMNTS

On June 16, Samsung Pay arrived in Singapore, allowing users of Galaxy Note 5, S6 Edge+ and the S7/S7 Edge phones can use Samsung Pay in the region. In the survey, 19 percent of respondents currently use online payment services like PayPal and Venmo. Alexa, can you pay by Citibank credit card statement?”. million users in 2016.

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Data Dive, Breaches And Security Blips Edition: Key Bank, Microsoft And Bulgaria 

PYMNTS

Regional banking force KeyCorp disclosed a massive fraud that could potentially cost as much as $90 million – according to reporting out of CNBC last week. Interlogic Outsourcing is reportedly the customer involved – the Ekhart Indiana based firm processes payrolls. Starting with. KeyBank’s Costly Payroll Fraud Problem

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FI Highlight: S&T Bank

NCR

S&T Bank was founded in 1902 with a single location in Indiana, Pennsylvania and now provides a full range of financial services to families and businesses throughout the region, with locations across Pennsylvania, Ohio and New York. The promotion is part of an ongoing effort to swipe out hunger in the region.

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Autopsy Report: 9 Startup Failure Stories And What We Can Learn From Them

CB Insights

But despite the popularity of its sock puppet mascot, the online pet supplies retailer went out of business just 9 months after its Super Bowl ad, doomed by an untenable business model and the bursting of the dot-com bubble. With lower costs and a bigger market to sell to, a new crop of online pet supplies retailers eventually emerged.

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