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Samsung: Wearables Sales Soared 30 Pct In 2020

PYMNTS

Wearable device sales have shot up at least 30 percent this year as consumers looked to technology to help them monitor their health during the ongoing global pandemic, according to a top Samsung executive. Samsung will continue to invest in these advanced technologies.”. Samsung will face strong competition from Apple.

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Mastercard, Samsung Tie-Up Lets Consumers Pay On Demand

PYMNTS

Mastercard is partnering with Samsung to bring digital technology to emerging markets and accelerate connectivity and smart devices, Mastercard said on Thursday (March 12). Mastercard Labs created the platform, which will be rolled out to the Samsung Knox team in the Middle East and Africa early this year.

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The Bank-FinTech Tie-Up Evolves

PYMNTS

As bank-FinTech collaborations evolve, more traditional financial institutions (FIs) are not only implementing services and technologies developed by FinTech partners, but they’re also lending their own expertise to augment FinTech solutions. In another bank-FinTech tie-up, J.P. Tyfone Connects FIs To Payrailz.

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Samsung Pay Crosses 1.3 Billion Transactions, But Falls Short of Apple Pay

Bank Innovation

As it makes its way to South Africa and continues to amass impressive partnerships with the likes of Alipay and PayPal, Samsung Pay might have completed three years in the mobile payments market, but its numbers still lag its main rival, Apple Pay. Samsung revealed yesterday that it had completed 1.3

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Ant Financial Acquires Minority Stake In Klarna

PYMNTS

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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Visa’s Plaid FinTech Play, RTP And BNPL Top This Week’s News

PYMNTS

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. Visa Tap To Phone Expands POS Acceptance For Retailers. How good a friend is Amazon to other retailers?

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Klarna Debuts Social Shopping In The UK

PYMNTS

Despite the shifting retail landscape, consumers are still looking for inspiration, convenience and value — and it’s become obvious that shopping online now goes far beyond just a transaction,” said CEO Sebastian Siemiatkowski in a statement. “In Founded in 2005, Klarna said it now has a valuation of $5.5

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