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Samsung Pay Partners with RBC for Payment Support

Bank Innovation

Personal payment cards issued by the Royal Bank of Canada are now supported by Samsung’s mobile payment system, Samsung Pay, the company announced today.

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 Samsung Eyes Blockchain Smartphone?

PYMNTS

Said sites including thenextweb.com , Samsung, no small player in mobile devices, submitted three trademark requests in Europe that offer up some clues into blockchain-focused phones. The bank said that fellow participants in the transaction included Region Brokerage Company and the Russian National Settlement Depository (NSD).

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Samsung Pay Launches In China

PYMNTS

Apple Pay’s competition in China just got a bit steeper, as Samsung has officially rolled out Samsung Pay in the region. Samsung announced the launch of its mobile payments service that is now available through a deal with China UnionPay — the same method Apple used to bring its mobile payments option into market.

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Here Are The Asian Smartphone Upstarts Gunning To Displace Apple, Samsung, And Huawei In The Region

CB Insights

Large companies like Samsung , Apple , and Huawei have traditionally dominated the Asian smartphones market, but in recent years, new makers have slowly emerged to chip away at that dominance. In 2016, Xiaomi shared the leadership position with Samsung in terms of phones sold in India, with its low-cost line leading growth.

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India Is Now World’s Second Largest Smartphone Market

PYMNTS

The top five vendors ( Samsung , Xiaomi , Vivo , Oppo and Lenovo ) now account for 75 percent of total shipments in India. Samsung shipped 9.4 It struggles in the mid-range (devices priced between INR15,000 and INR20,000 [US$230 and US$310]), where Samsung, Oppo and Vivo are particularly strong. Growth will continue.

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Q&A: The Next Leg Of Fintech Innovation

CB Insights

Our recent webinar — The State of Fintech Q2 2020: Funding Rebound Reveals the Next Leg of Fintech Innovation — highlighted key fintech trends and deals from the second quarter of 2020, including the rise of embedded fintech applications and demand for digital banking services. Free Download: State of Fintech q2’20.

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10 Moves This Week From The Mobile Pay Players

PYMNTS

Samsung Pay Now In Singapore. While this news has been well known for a few months now, Samsung Pay arrives in Singapore today (June 16). And as of today, users of Galaxy Note 5, S6 Edge+ and the S7/S7 Edge phones can use Samsung Pay in the region. Samsung Pay’s Vision Beyond Just Tap And Pay. In the U.S.

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