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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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Credorax, Samsung To Introduce Blockchain-Based Open Banking

PYMNTS

Credorax , the smart payments provider and FinTech, has announced a partnership with Samsung to develop blockchain technology to offer open banking services, according to a press release. The effect will be to eliminate the need for manual tasks for those functions.

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Better Mortgage To Offer Samsung Rewards

PYMNTS

19) that it is among the first third parties to use Samsung Rewards’ new API. In a press release, Better Mortgage, which has zero commissions, said Samsung Rewards works similar to a points-based airline’s rewards program, giving users points for so-called meaningful engagements with Samsung devices.

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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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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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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. Given the rapid technology shifts in the market today, we will continue to focus on digitalization and customer experience to transform the way we finance our corporate customers, thus adding value to our services.

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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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