PFS Cardholders Can Now Make Purchases With Samsung Pay

PYMNTS

Samsung, the South Korean consumer electronics giant, announced Thursday (March 20) a partnership with Prepaid Financial Services (PFS) to launch Samsung Pay for its branded cards. In a press release , Samsung said cardholders on specific programs issued and managed by PFS in the U.K.

 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. Blockchain dtcc IBM News SamsungIn the world of blockchain phones, another name may crowd the pantheon.

Samsung Pay Adds Samsung Rewards To Payment Service

PYMNTS

On Thursday (April 12), Samsung Pay , the digital payment unit of Samsung Electronics, debuted Samsung Rewards, which gives users reward points every time they use the Samsung Pay mobile payment service to make purchases. According to news from BGR , with the program, it doesn’t matter what the Samsung Pay customer purchases with his or her mobile device. BGR noted that in India, Samsung Rewards works both with Samsung Pay and Samsung Pay Mini.

Samsung Unveils Foldable Phone At Developer Event

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Samsung Electronics gave a first look at a foldable phone that has a screen similar to a small tablet on Wednesday (November 7) in California. Innovation android apps Flexible Scrren foldable phone mobile News Samsung smartphone Technology What's Hot

Samsung Expands Beyond Pop-Ups With Full-Scale Stores

PYMNTS

In a potential challenge to Apple at brick-and-mortar retail, Samsung Electronics is looking to move beyond pop-up shops with its own full-scale U.S. As it stands, Samsung Electronics brick-and-mortar ventures in the U.S.

Samsung Q3 Mobile Sales Decline 12 Percent

PYMNTS

Samsung Electronics smartphone sales will increase in the holiday shopping season, with the general trend lasting into 2019, the company said when announcing its Q3 results. For the third quarter of 2018, Samsung posted 24.91 Samsung Pay debuted about three years ago.

Samsung’s Rewarding March To Mobile Payments Adoption

PYMNTS

The biggest dilemma facing innovators isn’t whether what they’re doing will cannibalize what makes them money today but rather getting enough people to try their innovations so that they become mainstream and can make money tomorrow. Cue The Samsung Rewards Multiplier.

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. But Samsung may have an edge that Apple doesn’t. That’s because Samsung Pay works nearly anywhere contactless payments are available.

BI Ignite 2019: HSBC Bank USA’s Innovation Head Prefers Fintech Partners to Building In-house

Bank Innovation

When it comes to innovation, banks in 2019 should look to partner first, buy second and lastly build, Jeremy Balkin, head of innovation at HSBC Bank USA said at BI Ignite 2019 in Seattle earlier this week. Artificial Intelligence Bank Innovation Ignite 2019 Capital Daily Post 2 Exclusive Open Banking Payments Premium Retail Avant BI Ignite HSBC Bank USA Marstone Remitly Samsung

Samsung Pay And PayPal Power In-Store Payments

PYMNTS

Sang Ahn, VP and general manager of Samsung Pay U.S. Samsung Pay Inc. tells PYMNTS that this is Samsung Pay’s vision — not only with its own mobile wallet (which uses both NFC and backward-compatible MST technologies), but also with strategic partners as it unlocks these omnichannel opportunities. This was the spirit of the partnership that Samsung Pay struck with PayPal last July, and that today goes live to select users in the United States.

Samsung Pay: From Mobile Payment Method To Commerce Enabler

PYMNTS

Two years ago, when Samsung Pay entered the mobile payments scene, it did what Apple and Android a year before it had not: It made mobile payment capabilities at the physical point of sale (POS) more or less ubiquitous right out of the gate. This new digital way to pay was made possible via technology that Samsung acquired, called “magnetic secure transmission” — MST — the very same technology that enables merchant point-of-sale terminals to accept a mag stripe card for payment.

Samsung Launches Galaxy Watch Priced Starting At $329.99

PYMNTS

Samsung Electronics announced on Thursday (Aug. 9) the launch of the Samsung Galaxy Watch, a smartwatch aiming to take on Apple and the Apple Watch. At Samsung, we have a long history of providing consumers with choice, while maintaining innovation within our products, and we are excited to continue the proud heritage of our Galaxy line with our wearables,” said DJ Koh, president and CEO of the IT and mobile communications division of Samsung Electronics.

Samsung Eyes Engineering Hotspot Of Israel

PYMNTS

Not to be outdone by Apple, which recently acquired Tuplejump to advance its artificial intelligence work, Samsung Electronics has subsumed some of the engineering activity in Israel. Israel is a Silicon Valley of innovative engineering, and according to Kai Bond, general manager and CEO of the New York Samsung Global Innovation Center, “Tel Aviv has more talented engineers per square foot than anywhere in the world.”. Innovation israel News Samsung What's Trending

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 Goes After Biometrics For Enterprise Banking

PYMNTS

Samsung is looking to introduce biometric authentication capabilities to mobile devices, a move that could have significant implications for the enterprise world. 23) said Samsung IT unit Samsung SDS is collaborating with vision and voice tech firm Sensory to imbed biometric recognition capabilities for banks and enterprises in an effort to safeguard their mobile transactions.

Samsung Electronics Opens Massive Store In India

PYMNTS

Samsung Electronics , the South Korean consumer electronics company, is expanding in India, opening on Tuesday (Sept. According to a report in Reuters , citing Samsung Electronics, the 33,000-square-foot store is located in the southern tech hub of Bengaluru. With more than one billion wireless connections, the India market presents a lot of opportunity for Samsung and other electronics players. But how can I deliver meaningful innovation to our millennials?

Why Samsung, Apple Make Strange, But Profitable, Bedfellows

PYMNTS

Samsung Electronics and Apple have appeared to be long-time fierce rivals in the smartphone market, but the South Korean consumer electronics company recently supplied the semiconductors and OLED screens for the iPhone X. In fact, Samsung stands to benefit greatly if its rival has a win on its hands. That’s according to a recent news report in the Wall Street Journal , which reported that Samsung could make billions if the iPhone X takes off.

Samsung Galaxy S8 Drops In U.S. — And The Complaints Begin

PYMNTS

For Samsung, the big day is here in the U.S. — Samsung has said the reddish appearance of the screen isn’t a defect, and that users can fix the issue by adjusting the color settings on their device to be less red in hue. Merchant Innovation Samsung Galaxy S8 What's Hotthe new flagship phone, the Galaxy S8, will hit U.S. shores today.

Five Innovative Ways Consumers Shop In The Digital Age

PYMNTS

Find out how retailers are enabling purchases in stores as well as through apps, smart speakers and smart watches with new and innovative payment methods: A little more than eight in 10 — or 81 percent — of consumers travel to a store to make a purchase.

South Korea Officially Investigating Samsung Fiasco

PYMNTS

Given the virtual avalanche of troubles Samsung has endured of late, the investigation by its home government was the last shoe to drop. The investigation is actually ruled by analysts to be critical for Samsung at this point, as the firm is already taking a $5.3 Clearly, the top priority is for Samsung to assess precisely what caused the problems with the Note 7,” said Ian Fogg, head of mobile analysis at IHS Technology. “It’s

Mswipe Adds Samsung Pay To All Its Terminals In India

PYMNTS

Mswipe Technologies , India’s largest independent POS merchant acquirer and network provider, announced Tuesday (May 9) it has enabled Samsung Pay at all its terminals across the country. In a press release, Mswipe said the partnership with Samsung Electronics will enable contactless/tap-and-pay-on-the-go facility for Samsung Pay users across all two lac Mswipe terminals in the country. Payment Methods contactless payments india mobile pay Mswipe Samsung Pay What's Hot

Samsung Pay Secures Global POS Partners

PYMNTS

Samsung took a major step toward boosting support for its mobile payments platform with a string of new partnerships with leading POS makers to improve compatibility and acceptance of its technology. Unlike its competitors, Samsung Pay employs both NFC and MST.

Samsung Pay Will Let Galaxy Note 7 Users Pay With Their Eyes

PYMNTS

Samsung Pay is getting even more tech-savvy with a new feature that lets you make a payment with your eyes. According to a report , with the feature, which is part of Samsung Pay version 2.3, Earlier this month, Samsung took a major hit when it was forced to halt sales of its flagship Galaxy Note 7 smartphone after reports that some of the phones catch fire or explode while charging because of a battery issue. A Samsung spokeswoman told Reuters the sales netted $888.85

NCR, Samsung Launch An All-In-One POS

PYMNTS

NCR and Samsung Electronics America announced news on Wednesday (Nov. 8) of the launch of NCR Silver Quantum, an all-in-one point-of-sale (POS) station featuring an integrated payment device that comes equipped with mobile wallet acceptance capability, customer display, a loyalty scanner and a Samsung Galaxy tablet. POS Innovation Innovation mobile wallet NCR News POS Retail Samsung What's Hot

Samsung Pay Makes Its European Debut

PYMNTS

Samsung Pay has 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. Our goal with Samsung Pay is to drive and lead innovation in mobile commerce, giving consumers a safer, smarter and better mobile wallet,” Victor Kim, global director of Samsung Pay, explained in a press release.

Ally Bank to Add Android Pay and Samsung Pay

Bank Innovation

Ally Bank will add Android Pay and Samsung Pay functionality “later this year,” Bank Innovation has learned. Mobile Online Payments Technology Ally Ally Assist Ally Bank Android Pay Apple Pay Apple payments Apple Watch Mobile banking payments Samsung Pay Touch ID

Samsung Reinvents The ‘Family Hub’ With Smart Fridge

PYMNTS

Samsung has taken note. With its Family Hub smart refrigerator debut, this new Samsung Internet of Things (IoT) offering is looking to enhance the in-kitchen experience. With over a year of consumer insights and feedback gathered, Samsung’s Family Hub has a paired mobile app that expedites daily tasks, including shopping and communication as well as entertainment options. Every home has a central place where everyone gathers to unwind from the day and catch up on news.

Supreme Court Sides With Samsung, 8-0

PYMNTS

Today marks a new turn in the seemingly unending patent war between Apple and Samsung. The Supreme Court sided with Samsung , ruling 8-0 to overturn an appeals court ruling from 2015. It all started back in 2011 when Apple sued Samsung, alleging that several features of Samsung’s smartphones — like its slide-to-unlock and autocorrect features — were taken from proprietary Apple technology. Apple News patent patent infringement Samsung supreme court What's Hot

Samsung’s ‘Digital Piggy Bank’ Aims To Make Shopping More Rewarding

PYMNTS

Nana Murugesan, vice president and general manager at Samsung Electronics America, said this is what Samsung has been building up to in recent years, continually tucking new value-add features into its ecosystem. The most recent feature weaves Samsung Rewards into Samsung Pay in a way that gives users reward points every time they use the mobile payment service, no matter what the customer is buying, where they’re doing business or how they’re paying for it.

Macy’s Herald Square Features Unique Samsung Experience

PYMNTS

Macy’s and Samsung announced the launch of a unique Samsung experience at the retailer’s flagship location in New York City. Starting on November 1, customers at Macy’s Herald Square will be able to explore and buy a range of Samsung’s most innovative products — all on display in a specially curated 1,000 square foot space on the main floor of the department store. “At The experience is set up as an integrated Samsung ecosystem designed to simplify daily life.

Citi Supports Samsung Pay’s Singapore Launch

PYMNTS

Samsung Electronics Singapore announced on Monday (May 30) that it has entered into a partnership with Citibank Singapore Limited in preparation for its mobile payment service’s upcoming launch in the country. When Samsung Pay is made available in Singapore, Citibank will enable its cardholders to make payments across the country using their eligible Samsung mobile devices. “We Mobile Payments international Samsung Samsung Pay Singapore What's Hot

Samsung Moves On Smart Grocery Sales

PYMNTS

Samsung is making its move on grocery, though not in quite the same way other competitors in the field are. After a few months of speculation, Samsung’s Family Hub connected fridge is officially on the market — and apparently ready to streamline the average grocery acquisition process. So far, Amazon is currently the dominant player in the smart-device field — with Dash buttons and Echo both making a big splash — though Samsung is coming out of the gate ready to compete. “We

Samsung’s Biometrics Being Used Across Thomson Reuters Products

PYMNTS

Samsung and Samsung Electronics America announced news on Thursday (Nov. 16) that they inked a deal with Thomson Reuters to use its Samsung SDS Nexsign biometric solution in several of its mobile and web-based apps. In a press release , Samsung said Thomson Reuters is currently deploying Nexsign into production in a number of applications.

Samsung SDS Partners On Mobile Payments Solution

PYMNTS

Infosys Finacle, part of EdgeVerve Systems, and Samsung SDS, a subsidiary of Samsung Electronics, announced a new partnership aimed at providing consumers with a frictionless mobile banking/payment solution. What this entails is using Samsung SDS FIDO Authentication to enable banking and mobile payments customers to use select OEMs (original equipment manufacturers) and the handheld device of their choice to make such payments. “In Mobile Payments Samsung What's Hot

Mastercard Rolls Out Support Of Samsung Pay In UAE

PYMNTS

Mastercard announced Tuesday (April 4) that Mastercard cardholders from select banks in the United Arab Emirates (UAE) will now be able use the Samsung Pay service to make payments in a quick and secure way. Mastercard said in a press release the move is part of its efforts to displace cash, spur innovation and drive growth of cashless payments in the UAE. Payment Methods MasterCard NFC payments Samsung Pay UAE What's Hot

Samsung Launches Data Monetization Service To Enable IoT Data Economy

PYMNTS

Samsung Electronics Co., has launched a new service, Samsung ARTIK Cloud Monetization for the Internet of Things (IoT), to monetize data shared by IoT devices and to enable an IoT data economy. Samsung ARTIK Cloud’s extensive interoperability can help generate new revenue streams and implement new business models, such as hardware as a service (HaaS). Samsung ARTIK™ Cloud Monetization is out front in addressing a crucial need in the market.

Samsung’s Unusual Run At Retail Stores

PYMNTS

However, Samsung is showing that it’s ready to walk the walk, right down 5th Ave if it has to. That’s the message coming out of Samsung’s brand-new Manhattan Meatpacking district location, The Verge reported. The term “location” is an appropriately vague one, especially because Samsung isn’t planning on selling a single device at the trendy new 55,000-foot space at 837 Washington St. Merchant Innovation Retail Samsung

Samsung Refreshes Image With New Galaxy S8 Smartphone

PYMNTS

Eager to move on from its disastrous 2016 with the Galaxy Note 7’s now infamous recall, it’s no surprise Samsung is planning to up its game this year. To help alter its image, Samsung is releasing its next phone next month in New York. Dubbed the Galaxy S8, Samsung is really expanding its innovative boundaries in terms of features and capabilities. To avoid this moving forward, it has decided to work with its battery making partner, Samsung SDI Co.,

NRF Big Show: Samsung Shows In-Store Tech

PYMNTS

At the National Retail Federation’s (NRF) Big Show 2017, Samsung Electronics has unveiled its latest physical retail innovations: IoT-enabled digital solutions for traditional brick-and-mortar stores that enable an actively engaging, personalized mobile-first customer shopping experience. Samsung’s booth at the NRF Big Show 2017 showcases a retail journey from beginning to end using the company’s innovations. Samsung’s solutions include consumer data measurement.

Square Goes Cardless, Samsung Gets Retinal And Gmail Goes Mobile

PYMNTS

But we will know how Square is raising the in-store payments game for SMBs, how Samsung is changing the topic and how Google is (finally) proudly welcoming Gmail to the year 2010 with mobile upgrades. Samsung Goes Retinal. It’s pretty bad when part of the in-flight announcements include warnings to power down your Samsung Galaxy Note 7 phones when on board and make sure passengers don’t include them as part of their checked luggage.

Samsung IoT Washer/Dryer Set Pulls Double Duty

PYMNTS

Samsung is doubling down on home appliance innovations. Samsung Electronics America (SEA) recently announced the availability of its new laundry pair, FlexWash and FlexDry, that allow owners to wash or dry in multiple ways at once. The laundry pair is IoT-enabled, Samsung said. While the latest set from Samsung has the added benefit of multiple compartments, the real story is in the pair’s connectivity.

Samsung To Create AI Center To Scout New Biz Opportunities

PYMNTS

Samsung Electronics is gearing up to create an artificial intelligence (AI) research center, designating an executive role to search for new business, according to news from Reuters. Citing a statement by Samsung Electronics, the move would enable the South Korean consumer electronics giant to respond quickly to changes in the market. Samsung hasn’t stated yet where the research center will be located.

Diebold and Samsung To Show Off ATM Withdrawals Via Facial Recognition

PYMNTS

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. Co-innovation lies at the heart of how Diebold Nixdorf does business.