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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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Fintech Unfiltered: Inside HSBC Bank USA’s Lofty Innovation Strategy for 2018 [Podcast]

Bank Innovation

As a part of its retail transformation strategy, HSBC Bank USA spent over $130 million on innovation projects in one year on its U.S. operations. These projects range from less visible, but equally important, system upgrades on the back-end and more visible ones like installing Softbank’s robot Pepper in its New York flagship.

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The Lebron Effect On Payments

PYMNTS

As part of the deal, Motivate’s servicing and maintenance operations will remain a stand-alone business, and Motivate will retain its brand name and continue to support its North American bikesharing programs. That is something Samsung ‘s Bixby is hoping to pull off by getting just a bit sportier. Bixby Gets Sporty.

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Klarna Is Making The Jump To Real-World Commerce

PYMNTS

The move into real-world — versus digital — commerce comes as retail transactions remain in a transitory phase. Though digital and mobile are increasingly ascendent, physical commerce remains dominant and accounts for over 90 percent of all retail spending in the Western nations where Klarna operates. “We

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The Stand-Offs Edition: Kroger Vs. Visa; Apple Vs. Huawei; Ant Financial Vs. Banking

PYMNTS

When the amount retailers pay in card fees “gets out of alignment, as we believe it is now, we don’t believe we have a choice but to use whatever mechanism possible to get it back in alignment.”. Samsung, meanwhile, was in first place with a comfortable lead over the second and third place players. Huawei had shipments of 54.2

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Sizzle Or Fizzle: Walmart Pays Pays Off, Marketplace Lending Falls Off

PYMNTS

It was high-fives all around Samsung yesterday as it posted its second-quarter operating profit that was nearly 18 percent higher than a year earlier and its best in two years. The Samsung Galaxy S7, which put the mobile division at the top of the heap for Samsung – again. Woot, woot! The workhorse?

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Innovation All the Time

Independent Banker

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. Retail offices: 85. But then again, Rockland Trust Co. is not typical. Alex Jimenez. Rockland Trust Co.