PYMNTS

FEBRUARY 21, 2020

Also, Samsung production in Vietnam could stall due to the coronavirus. NYC Taxi Commission Accused Of $810 Million Fraud. Samsung Production Backlogged In Vietnam Due To Coronavirus. The coronavirus epidemic’s impact on Vietnam’s supply chain could stall production of the latest Samsung smartphones.

Apple 150

Apple Samsung Fraud New York City 150

PYMNTS

AUGUST 10, 2016

Samsung is out on Tuesday (Aug. 9) denying that Samsung Pay can be hacked after a security researcher demonstrated how it can be done at a recent Black Hat conference. It is important to note that Samsung Pay does not use the algorithm claimed in the Black Hat presentation to encrypt payment credentials or generate cryptograms.

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PYMNTS

AUGUST 9, 2017

Bank of America is reportedly launching a pilot of Samsung Electronics technology that will enable customers to access the mobile banking app via a photo of their eye. American Banker reported around 1,500 Bank of America and Samsung employees will try out the iris scan pilot for around six weeks.

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Samsung America Mobile US 118

PYMNTS

JUNE 13, 2017

Diebold Nixdorf , the connected commerce technology company and Samsung SDS America announced they are teaming up to show how integrating advanced mobile technology — such as facial recognition — and the self-service channel can result in enhanced security and an improved consumer experience.

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PYMNTS

JUNE 17, 2020

Robert Farkas, the 33-year-old co-founder of crypto project Centra Tech , has pleaded guilty in court to conspiring to commit securities and wire fraud, Coindesk reported. The bank’s Islamic Research and Training Institute ( IRTI ) will be working with Samsung-backed blockchain provider BLOCKO.

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blockchain Fraud Indiana Bitcoin 132

PYMNTS

FEBRUARY 1, 2017

At the same time, the risk of fraud has never been higher and is still increasing — and the true costs of card-not-present fraud hit both the top and bottom lines of retailers simultaneously, while doing damage to reputations as well. When it comes to fighting fraud, there is a two-tiered model that is emerging.

Fraud 100

Fraud Retail Cards Samsung 100

PYMNTS

APRIL 24, 2018

Even the massive B2B market looks like it’s ready to throw off the shackles of the paper check (and all the fraud that comes with it ). The smart move is increasingly to think differently, adaptively — and perhaps with an eye to partnerships, à la Samsung and Paypal. 120 trillion: The value of the global B2B payments market.

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Samsung Payments Fraud Retail 116

PYMNTS

OCTOBER 18, 2019

Samsung SDS will reportedly launch a blockchain-based medical claims processing system this month. It mitigates fraud risk, and alerts us of any unauthorized movement of the financed cargo. According to CoinDesk , the new system will link all hospitals, pharmacies, insurers and other companies in the sector.

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blockchain Samsung Bitcoin Innovation 101

PYMNTS

APRIL 5, 2019

That could be the emerging story when it comes to smartphones and cryptocurrencies, given Samsung’s recent entry in this area of digital payments. South Korea-based Samsung has indicated it wants to add more cryptocurrency support to that mobile device as well. Bad Year for Bitcoin.

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cryptocurrency Samsung Bitcoin blockchain 137

Abrigo

DECEMBER 3, 2021

Underground” Telegram Channel offering OTP bot subscriptions for worldwide banking fraud . The “Pay Mode” lets the fraudster link a credit card (presumably a stolen one) to a Samsung or Apple Pay wallet. . The calls rely on fear, convincing victims to act to “avoid” fraud in their accounts. Fraud Prevention. Learn More.

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Fraud Trends Online Examples 195

PYMNTS

JUNE 2, 2017

Online fraud falls — a LOT: Contrary to popular opinion — and perhaps contrary even to logic — the fraud fight has given a round to the good guys, even if the battle is far from over. Online fraud is down 34 percent, overall, at the end of Q1 2017 versus a year ago. percent in the first quarter of this year, down from 14.8

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Fraud Conference Online Samsung 109

PYMNTS

OCTOBER 28, 2016

By using retinal scanning, for example, Samsung Galaxy Note 7 users are now able to make mobile payments. Iovation also delved into the fraud protection area, launching a machine-learning solution that the company claims will help businesses anticipate what transactions will be riskier than others.

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Fraud Security Retail Samsung 100

Payments Source

MAY 15, 2019

Today: Walmart upgrades its online shopping; Paytm introduces a card and addresses internal fraud; Samsung extends crypto support; U.K. The information you need to start your day, from PaymentsSource and around the Web. fintech investment stays strong.

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PYMNTS

JANUARY 11, 2020

Samsung recently inked a deal with Finablr , Travelex’s parent company, on a cross-border payment wallet, but said it had “decided to disable the international payment service at this time.” Samsung said there was no evidence of Samsung Pay users being affected. Other companies on Travelex’s periphery were also affected.

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PYMNTS

JANUARY 11, 2020

Samsung recently inked a deal with Finablr , Travelex’s parent company, on a cross-border payment wallet, but said it had “decided to disable the international payment service at this time.” Samsung said there was no evidence of Samsung Pay users being affected. Other companies on Travelex’s periphery were also affected.

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Samsung System Company Cards 130

PYMNTS

JANUARY 17, 2020

This increasingly sophisticated group poses a growing and costly headache to those who value the model, forcing businesses to spend billions on fraud-fighting technologies. Preventing fraud with seamless and secure onboarding solutions is key. million fraud reports in 2018, resulting in $1.48 trillion a year.

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Payments Source

FEBRUARY 1, 2017

People are warming up to mobile payment apps like Apple Pay and Samsung Pay, but concerns over fraud and ID theft could still pose headwinds.

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Samsung Apple Fraud Mobile 60

PYMNTS

JANUARY 23, 2019

The funds can then be uploaded to a mobile wallet, including Apple Pay, Samsung Pay and Google Pay. The probe centers upon whether some companies have deployed predatory practices or fraud, Bloomberg reported at the time, citing an unnamed source.

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Samsung New York Branding Apple 162

Accenture

FEBRUARY 28, 2017

The payments landscape is changing fast due to new disruptive technologies such as open APIs, distributed ledger technology, cloud, Apple/Samsung/…Pay, and customers’ expectations are changing for seamless and faster payments. Use of Apple Pay, Samsung Pay etc. Real-time Payments Interbank Infrastructure.

Payments 150

Payments Bitcoin Samsung Fraud 150

Accenture

FEBRUARY 28, 2017

The payments landscape is changing fast due to new disruptive technologies such as open APIs, distributed ledger technology, cloud, Apple/Samsung/…Pay, and customers’ expectations are changing for seamless and faster payments. Use of Apple Pay, Samsung Pay etc. Real-time Payments Interbank Infrastructure.

Payments 150

Payments Bitcoin Samsung Fraud 150

PYMNTS

DECEMBER 17, 2018

He then used his real-life head to set up facial recognition on five phones, including the iPhone X and four Android devices: an LG G7 ThinQ, a Samsung S9, a Samsung Note 8 and a OnePlus 6. “I To show how the method can work, Forbes reporter Thomas Brewster had a 3D print of his own head created at Backface in Birmingham, U.K.

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Samsung Resources Groups Report 192

PYMNTS

OCTOBER 4, 2017

According to a recent article from Fortune, Erin and Leah Finan, a husband and wife fraud team from Muncie, Indiana, scammed Amazon out of $1.2 The couple did not use the world’s most complex scam to perpetrate the fraud, either. The couple will face up to 20 years behind bars for fraud and money laundering.

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Indiana Samsung Fraud New York 102

PYMNTS

APRIL 7, 2017

Hacking, Hacking Everywhere : The venerable Samsung brand may be under attack. Last week, Visa and Samsung announced a joint partnership that will allow Samsung Pay users in the U.S. to link their Samsung Pay account with their Visa Checkout account for online shopping. Visa has been very busy lately.

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PYMNTS

SEPTEMBER 14, 2018

The funding — led by Third Point Ventures with participation from Battery Ventures, JA Mitsui Leasing and Samsung NEXT, as well as existing backers SoftBank Corp. based Ravelin will go toward expansion plans as the fraud mitigation firm grows its staff and opens a U.S.

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Capital Samsung Fraud Technology 115

PYMNTS

FEBRUARY 26, 2018

That data will be used to instantly verify those mobile device users around the globe with the aim of reducing fraud tied to account openings. Together, Apple and Samsung have about 70 percent of the U.S. As a percentage of adults, those market share numbers roll out to Apple at 33 percent, Samsung at 22.8 percent and 29.5

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Data Samsung Payments Apple 100

PYMNTS

OCTOBER 1, 2019

With new venture capital from Mastercard, Comcast, Samsung and other investors, New York-based tech startup HYPR has notched $18.3 Mastercard, as well as Samsung, participated in the round. million in funding.

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Software Samsung Google New York 100

PYMNTS

SEPTEMBER 4, 2018

Also, Samsung has a new plan to capture millennial consumer loyalty, there is new clarity at the Bank of England and a new scam hits home buyers. Samsung Eyes Millennials With Smartphone Revamp. Welcome to Five at Five, your late look at today’s commerce and payments news. Amazon Increases Its Push To Capture Online Ad Dollars.

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Online Samsung Millennials Mobile 100

PYMNTS

JULY 9, 2019

Biometrics has clearly moved out of its infancy stage when it comes to mainstream consumer use, thanks in large part, Hochrieser said, to the efforts of “Apple, Samsung and other manufacturers” that made biometrics a part of mobile devices, which in turn has made consumers used to that authentication and verification method.

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Security Online Fraud Samsung 191

PYMNTS

MARCH 14, 2017

The report notes that the increasing popularity of mobile wallet payments, such as Apple Pay and Samsung Pay, will only serve to boost the mobile POS industry, especially in the retail sector.

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Retail Mobile Marketing Samsung 164

PYMNTS

JANUARY 2, 2019

In September Bank of America announced that it had added mobile wallet support for a suite of commercial card products, now letting corporate card holders use Apple Pay, Google Pay and Samsung Pay. UMB Financial Corporation also spoke with PYMNTS last year about its strategic focus on mobile. ” Enhancing Security.

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PYMNTS

OCTOBER 31, 2019

However, as connected technologies offer new linking opportunities for consumers and retailers, online merchants are facing new adversaries in the fight against fraud. According to the firm’s general counsel, Nathan Garnett, the marketplace relies on both machine learning and human analysts to improve its anti-fraud responses.

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Fraud Retail Online Meeting 100

PYMNTS

MAY 9, 2017

Android Pay and Samsung Pay helped drive adoption further with their own biometrics capabilities, noted the report. The platform is designed to help retailers combat an uptick in online retail fraud, caused largely by ineffective or stolen password credentials.

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Mobile Payments New York City Samsung 137

PYMNTS

MARCH 21, 2017

announced Monday (March 20) travel card clients can soon pay via Apple Pay , Android Pay and Samsung Pay. In a press release, U.S. said the addition of the new payment methods enables commercial cardholders to easily and securely pay with compatible device, making U.S.

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Mobile Cards Payments Samsung 121

PYMNTS

SEPTEMBER 20, 2019

This week, the largest funding round went to a B2B startup developing autonomous trucking technology to boost fleet efficiency, with other rounds landing at small business bookkeeping, workforce communications, and IBAN fraud mitigation startups for a combined $236 million-plus landing at B2B startups.

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Capital Fraud Samsung Technology 122

FICO

JULY 10, 2020

Simply hover a compatible card or smartphone payment option, like Apple Pay or Samsung Pay, close to the card reader until it acknowledges payment, often with an accompanying beep. While there have been reports of an increasing amount of fraud via this transaction method, it is not from a lack of security features. by TJ Horan.

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Payments Fraud Samsung Security 52

PYMNTS

SEPTEMBER 27, 2017

Most recently , the bank has partnered with electronics giant Samsung, which has experience creating biometric authentication for smartphones and other mobile devices. Bank of America’s research is not limited to working with Samsung, though. Partnering to provide a better experience. The next phase of biometrics.

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America Samsung Security Apple 133

PYMNTS

NOVEMBER 2, 2016

According to a report by The New York Times , use of mobile wallets, including Apple Pay and Samsung Pay, is also growing in the U.S. The report noted part of the education will cover safety since the new contactless technology has security and fraud threats even if they are more secure than magnetic strips found in today’s credit cards.

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