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Samsung Pay launches in-app international money transfers

Bank Innovation

In an effort to grow adoption, Samsung Pay is rolling out international money transfers to accounts in 47 countries, the company said this week. Called Samsung Pay Cash, the capability lets customers send money via direct deposit or arrangements to pick up funds in person.

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Samsung Pay Makes Its European Debut

PYMNTS

Samsung Pay has officially launched in Spain, bringing the mobile wallet into its first European country. Samsung Pay is the first mobile payment service of its kind to be launched in Spain, giving it a head start in the market over Apple Pay and Android Pay.

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Bitcoin Daily: Samsung SDS Tests Blockchain Health Claims; Bermuda To Accept Digital Currencies; CIMB Singapore Does Blockchain Trade Financing

PYMNTS

Samsung SDS will reportedly launch a blockchain-based medical claims processing system this month. We know that embracing new technology is necessary for the future growth of our economy, and so, in Bermuda, we are making sure that we are leading the world in facilitating innovation.

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Kroger Introduces Contactless Mobile Pay At QFC Stores

PYMNTS

According to the press release, the Kroger app will be compatible with “Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, mobile banking apps and contactless chip cards, underpinned by near-field communication (NFC) technology.” So far, the contactless pay app has been introduced in 61 QFC stores.

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NEW REPORT: Are AI And ML Actually Transforming Retail?

PYMNTS

To learn more about how businesses are leveraging AI and ML technology to optimize their customer experience, click here to download the report.

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Samsung’s Biometrics Being Used Across Thomson Reuters Products

PYMNTS

Samsung and Samsung Electronics America announced news on Thursday (Nov. 16) that they inked a deal with Thomson Reuters to use its Samsung SDS Nexsign biometric solution in several of its mobile and web-based apps. We are particularly excited about the role biometric authentication will play to both of these ends.”.

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It’s A Wrap: Innovation Project 2016 Recap

PYMNTS

Innovation Project 2016 — where hundreds of leaders across the payments, commerce, tech and security ecosystems joined together under one roof with one mission: navigating the balance between the leading and the bleeding edge. Especially when your talking innovations in payments. So, how did Day 2 end up?