Bank Innovation

MARCH 29, 2016

Samsung Pay became the latest mobile payments platform to enter China, the South Korean tech giant announced today. The move was made in partnership with China UnionPay, the sole interbank ATM network and primary card issuer in China. If you’re doing card business in China, in other words, you’re doing it Read More.

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PYMNTS

MAY 30, 2018

On top of that, there’s the complication of doing all of it with legacy systems that can’t always withstand innovative changes, new business models or the latest wave of digital disruptors that seem to be upsetting the industry applecart. Why Banks Need FinTechs. Why FinTechs Need Banks. There’s a good reason for this.

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CB Insights

SEPTEMBER 10, 2020

After a difficult first quarter, fintech funding rebounded in a big way in Q2’20. Free Download: State of Fintech q2’20. Fintech funding rebounded in Q2’20 but deal activity continues to fall. Below, we answer some of our readers’ most pressing questions from the webinar on the state of fintech. First name.

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PYMNTS

JANUARY 7, 2021

billion, with the goal of bringing FinTech businesses to public markets. SoFi partnered with Samsung and Mastercard to launch a new cash management account feature with no fees. Users of Samsung’s Money by SoFi will be able to tap discounts for a variety of Samsung products, from Galaxy smartphones to washers, refrigerators and more.

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Bank Innovation

APRIL 23, 2018

Payments fintech PayPal will be expanding its in-store payment offerings this year, now offering users the ability to deposit money onto a prepaid debit card or use their service via a partnership with Samsung Pay, it was reported today, and as the Wall Street Journal noted earlier this month.

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PYMNTS

MARCH 4, 2020

China’s Ant Financial has acquired a minority stake in the Swedish split payments FinTech Klarna for an undisclosed sum, Klarna announced on Wednesday (March 4). Klarna, Europe’s most valuable FinTech, was founded in 2005 and has financial backers that include the rapper Snoop Dogg, who is also part of the company’s marketing.

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PYMNTS

OCTOBER 1, 2020

Many of the partner processors working with Mastercard are also working to enable card products for FinTechs. Mastercard recently announced a partnership with Samsung and SoFi to launch Samsung Money by SoFi for mobile money management. The great digital shift is transforming credit cards into money management tools.

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PYMNTS

JANUARY 17, 2020

We have a deep dive into real-time payments and news on Visa ‘s FinTech play with Plaid and insight into buy now, pay later (BNPL). FinTech Play, Wrapped In Plaid. 12 as Samsung debuted its Galaxy XCover Pro, an enterprise-grade smartphone that comes with Visa’s Tap to Phone app pre-installed.

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Bank Innovation

SEPTEMBER 13, 2018

can now use BofA Merrill Lynch mobile wallet on Apple Pay, Google Pay, and Samsung Pay. Only months after launching a digital prepaid card for its corporate customers, Bank of America Merrill Lynch continues to expand its digital offerings for its corporate clients. As of today, corporate cardholders in the U.S.

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Bank Innovation

AUGUST 16, 2016

The Internet of Things — the network of internet-connected devices that might include your alarm clock, thermostat, and refrigerator– is growing, and that carries important implications for fintech and beyond. On Twitter, the hashtag #IoT has reached over 3.3

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Bank Innovation

OCTOBER 30, 2017

Westpac PayWear, a wrist band, does not rely on Apple or Samsung Pay, or other mobile wallets, but is rather a range of devices made by the bank itself. Australian bank Westpac has created its own line of wearable devices, under the name ‘PayWear,’ to enable ‘tap and pay’ payments for its customers. The devices […].

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Bank Innovation

APRIL 11, 2018

On its digital payment services, NAB currently has NAB Pay, which works on Android devices, NAB PayTag for iOS devices, Samsung Pay, Fitbit, and Garmin wearables. NAB customers can now use Google Pay to make contactless payments. In a statement […].

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PYMNTS

JANUARY 29, 2019

That’s reflected in data (this is Data Drivers, after all) from the Credit Union Innovation Index , a joint effort between PSCU and PYMNTS. PYMNTS and PSCU found that 59 percent of credit union members said they want innovation, though it wouldn’t necessarily sway them to choose one CU over another. Avoiding Complacency.

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Let's Talk Payments

APRIL 22, 2016

LAS VEGAS – ETA TRANSACT ’16 (Verifone Booth #620) – April 19, 2016 – Verifone (NYSE: PAY), a world leader in payments and commerce solutions, and Samsung Electronics Co.,

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PYMNTS

APRIL 23, 2018

We are committed to developing innovative, industry-leading technology that delivers practical supply chain intelligence solutions,” the firm’s vice president and general manager Clay Courville said in a statement. The logistics space, too, is embracing innovative technologies like blockchain.

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Bank Innovation

SEPTEMBER 18, 2017

So how does a global payments company cope, and deal with diverse challenges such as paying with selfies, P2P payments, and blockchain, not to mention Apple Pay, Samsung Pay, Anrdroid Pay, and all the other Pays? The payments space is tumultuous and fast-moving, with new entrants appearing all the time.

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Independent Banker

NOVEMBER 25, 2015

Even with technology’s increasing influence on retail banking, it’s not typical for a community bank to have one of its most senior and trusted executives concentrate primarily on leading consumer product and payments innovation. The role of Alex Jimenez, senior vice president and director of digital and payments innovation at the $7.2

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PYMNTS

JANUARY 3, 2020

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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PYMNTS

JUNE 30, 2016

Samsung Pay’s European Debut. On June 2, Samsung Pay 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. ” RIP CurrentC.

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PYMNTS

AUGUST 21, 2020

Mastercard: Inside The Samsung Pay ‘Super Card’. With digital commerce and digital payments growing their penetration among both merchants and individuals, the increased usage is accelerating the cadence of innovation. New Report: Slow Loan-Approval Processes Drive SMBs To FinTechs. Trackers And Reports.

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PYMNTS

DECEMBER 30, 2016

Here is the response from Florin Arghirescu, SVP of business relationships and innovation at Synchrony Financial …. Innovative POS companies like Poynt and Clover are reinventing the most painful point of the shopping experience: the checkout process. Payments 2016: The Year Of The “Ecosystem,” Redefined.

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PYMNTS

SEPTEMBER 25, 2017

Alibaba and Samsung are clients, according to reports, and the company operates with logistics centers at more than 50 cities in China. “In era, innovation of supply chain management is at the core of the future,” said Yonghua Capital in a statement announcing news of the investment. In the Industrial 4.0

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PYMNTS

SEPTEMBER 20, 2017

BECU and other credit unions have also had to address the emergence of new FinTech companies, firms which are disrupting financial services by offering consumers innovative new options for managing their money. FinTechs: ‘A wonderful threat and opportunity’.

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PYMNTS

JULY 1, 2016

Singapore is on a mission to build up a Smart Nation by utilizing innovation and technology to create opportunities and strengthen communities. Between 2011 and 2015, the government allocated $16 billion to help accelerate Singapore’s research, innovation and enterprise landscape.

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CB Insights

FEBRUARY 28, 2018

Corporate VCs continue to invest across a range of industries including fintech, digital health, AI, blockchain, food and beverage, and much more. Samsung Ventures. Sony Innovation Fund. Samsung Ventures. Johnson & Johnson Innovation. Samsung Catalyst Fund. CreditEase Fintech Investment Fund.

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Chris Skinner

JUNE 15, 2017

The example used was the issues with the Samsung smartphone when launched. I heard this for the first time this week, and the idea is to catch trending news via what people are saying before the markets catch the trend. By the time the market knew there was an issue, it had been debated online for days.

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PYMNTS

JANUARY 17, 2020

The Deep Dive also highlights innovative fraud detection technologies that FinTechs and other businesses are employing — such as artificial intelligence (AI), machine learning (ML) and dynamic biometrics — to thwart criminals. The Budget-Busting Impact of Continuity Subscription Scams.

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PYMNTS

DECEMBER 16, 2019

Not just any decade, but one that has seen unprecedented levels of innovation touch nearly every industry segment and almost every corner of the world. Only then, he said, can one get clarity about how those dots can guide innovators about the future. The last 10 years in payments and commerce have given us millions of dots to connect.

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South State Correspondent

JUNE 27, 2022

Semi-open digital wallets that work for a select group of retailers (more popular in other countries) or open wallets such as Apple, Samsung, Paypal, Google, and maybe even your bank. Now, with Onyx repo, you can move money and title in seconds, allowing the innovation of a two-hour repo, for example, to satisfy a daylight overdraft.

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PYMNTS

JANUARY 1, 2020

Not just any decade, but one that has seen unprecedented levels of innovation touch nearly every industry segment and almost every corner of the world. Only then, he said, can one get clarity about how those dots can guide innovators about the future. Tuesday marked not only the end of a year, but the end of a decade.

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PYMNTS

NOVEMBER 29, 2017

“While there have been significant innovations in domestic payments, cross-border remittance has seen limited developments,” the executive said in a statement this week. We are excited with the potential the technology has to bring innovative services to the market and help us enhance value to our customers.”.

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PYMNTS

SEPTEMBER 6, 2016

Payments had been relatively static with innovation around cash, checks and credit cards. Then, there was sudden exponential growth in innovation. In the last four years, we’ve had the adoption of bitcoin, Samsung and Apple Pay and the explosion of FinTech,” said Jenkins. Now located in the U.S.,

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Gonzobanker

NOVEMBER 28, 2017

4 – Fintech: Short-term “monitor” with a good chance of long-term disruption. Most of the innovation we are seeing is on the front end (Apple Pay, Samsung Pay, cool integration into the buying transaction) and not targeting the Visa/MasterCard back-end rails. Everybody’s game needs to step up.

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PYMNTS

APRIL 19, 2017

The growth has also caught the interest of companies like Bank of America, Facebook and Samsung, which are investing in building products that use intelligent virtual assistants, interactive text and interactive voice services. billion in 2016 to $9.59 billion by 2021. About the Tracker.

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Celent Banking

NOVEMBER 3, 2015

Last week my colleague Dan Latimore and I were at Money 20/20, which in four short years has become a “must attend” event in payments and Fintech. Mobile payments market in the US is only getting more complex, with Apple Pay, Android Pay and Samsung Pay already there, more “Pays” on the way (e.g.

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Fintech Labs Insights

JANUARY 13, 2016

And while payments are frequent, banks are often bystanders to the transaction, and besides, the payment space is increasingly being infiltrated by non-bank actors such as Apple and Samsung. The post Finovate Debuts: Finanteq Helps Innovative Banks Succeed in Mobile with SuperWallet appeared first on Finovate.

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Fintech Labs Insights

MAY 4, 2016

Infosys Finacle teams up with Samsung SDS to give mobile banking customers better authentication technology. A look at APIs in the robo-advisor industry by Bank Innovation underscores the role played by Xignite. Stay current on daily news from the fintech developer community! PYMNTS interviews Hyperwallet CEO Brent Warrington.

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