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PFS Cardholders Can Now Make Purchases With Samsung Pay

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Samsung, the South Korean consumer electronics giant, announced Thursday (March 20) a partnership with Prepaid Financial Services (PFS) to launch Samsung Pay for its branded cards. In a press release , Samsung said cardholders on specific programs issued and managed by PFS in the U.K. can now enable Samsung Pay.

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Travelex Attack Forces Shutdown Of Samsung Pay’s Cross-Border Transfers

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A New Year’s Eve ransomware attack on Travelex continued to affect global businesses and customers today, including multiple Samsung Pay users, according to reports. A company representative confirmed that Samsung Pay’s international transactions have halted as technicians continue their efforts to resolve the issue. ”

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Today In Payments: Wirecard Files For Insolvency; New York To Ease Cryptocurrency Regulations

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Samsung To Roll Out Pay Card For Digital Wallet With Mastercard, Curve. Samsung Electronics Co. plans to offer a Samsung Pay Card that will operate like a digital wall for customers. For the launch, Samsung is linking up with Mastercard and FinTech Curve.

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FitPay and NXT-ID: Securing Contactless Payments One Device At A Time

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Today’s consumers are turning to card and contactless payments. FitPay is working to enable and secure contactless payments made on any connected device. Earlier this year, FitPay joined forces with security technology company NXT-ID in an effort to build out a more comprehensive Internet of Things (IoT) platform.

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TSYS Tokenizes Corporate Cards For Mobile Payments

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Card processor TSYS is looking to heighten the security of mobile corporate payments. The company announced Tuesday (May 30) that it is enabling tokenization across its North American commercial card program, allowing businesses to let their own cardholders pay with a mobile device. To do this across all of our U.S.

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

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The CFPB dropped its latest set of regulations for prepaid payments cards , to some cheers (for offering clarity on fees) and some jeers (for thinking that prepaid cards are credit products and require underwriting for $25, 24-hour overdrafts). Speaking of going wrong… More Phones On Fire For Samsung.

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Deep Dive: How Securing Customer Onboarding Can Curb Negative Option Billing Subscription Creep

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Preventing fraud with seamless and secure onboarding solutions is key. The latter method works by sending a cardholder an email, advertising the next-generation Samsung or iPhone for just $1, for example. Consumers are advised to call billers or card providers directly to stop such charges. Data-Rich Defenses.

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