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SoFi’s Trading Volume Surges, User Base Nearly Triples

PYMNTS

The news comes as Samsung Electronics America, Inc. unveiled a new mobile-focused money management experience named Samsung Money by SoFi to assist users in handling their everyday finances per news in May. The virtual card will instantaneously show up in Samsung Pay at the time of approval.

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Samsung and iZettle join forces to support small businesses across the UK

The Paypers

Samsung and Sweden-based financial technology company iZettle have partnered to support small businesses by streamlining payment acceptance in the UK.

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SoFi Sees Investor Accounts Double Thanks To Fractional Shares

PYMNTS

Noto’s remarks came on the same day as the announcement of “ Samsung Money by SoFi ,” the new mobile-focused money management product SoFi is offering in partnership with Samsung Electronics America Inc. Since then, it has expanded its financial products to offer personal and mortgage loans. It will be available to U.S.

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Mastercard Leads Investment In Mobile FinTech Mobeewave

PYMNTS

Maxime de Nanclas, COO and co-founder of Mobeewave, said, “Securing strategic funding from organizations with a proven track record of supporting innovation, especially financial technologies, will enable Mobeewave to continue to grow, [and] develop new product offerings and business partnerships.

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Apple To Face Opposition From Seoul Firms Over Closed NFC

PYMNTS

Apple is about to face opposition from a group of Seoul-based financial technology firms that are gearing up to file a complaint with the Korean Fair Trade Commission. According to a report , the financial technology firms are upset about Apple’s closed policy for the near-field communication functions of its iPhones.

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Samsung’s Neon, 2020 Trendlines, Faster Payments Top This Week’s News

PYMNTS

Samsung To Launch ‘Artificial Human’ Called Neon. Samsung will introduce an “ artificial human ” named Neon on Jan. The limited information about Neon was shared on the Twitter account of Samsung and includes an “Artificial Human” teaser in several languages with the tagline “Have you met an ‘artificial’?”.

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FinDEVr APIntelligence

Fintech Labs Insights

Are you building new financial technology? Thomson Reuters and Samsung to collaborate on mobile security, intelligent IT for the enterprise. Be sure to check out coverage from our recent developers conference in San Francisco. We’re taking the fintech developer tool showcase to New York March 29 & 30, 2016.