Bank Innovation

AUGUST 16, 2017

Mobile and electronics company, Samsung and Bank of America will start working with a focus group over the next six months, as they pilot the iris authentication scan that will allow customers to log into their bank accounts on their mobiles by taking a picture of their eye. The focus group consists of 1, 5000 […].

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PYMNTS

JULY 31, 2019

Smartphone shipments for Samsung increased in the second quarter of 2019, the company said in its latest earnings report , thanks to retail sales of its mid-level models. In the three months that ended March, Samsung’s profits fell about 60 percent on-year to 6.2 can now accept Samsung Pay for in-app payments. and Korea.”.

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Bank Innovation

MAY 18, 2016

MasterCard several days ago quietly released its iOS app to support a partnership with Samsung it announced last January. The new Groceries by MasterCard app connects to Samsung’s Family Hub Refrigerator for “standing Read More.

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PYMNTS

MAY 10, 2017

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. By enabling Samsung Pay, we are offering lacs of users an option to make swift, secure and contactless digital payments at our terminals.”

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PYMNTS

APRIL 23, 2018

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.

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Bank Innovation

AUGUST 22, 2018

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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Bank Innovation

SEPTEMBER 15, 2017

Samsung says, no. Rather, financial professionals should focus on the mobile phone, which is why Samsung is taking a mobile-first approach to its solutions for finance. EXCLUSIVE—Do bank employees, Wall Street traders, or other financial professionals really need a desktop computer anymore?

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PYMNTS

JUNE 21, 2017

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. Samsung’s senior vice president and general manager of home appliances, John Herrington, commented on this new offering and what it means for consumers.

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PYMNTS

OCTOBER 31, 2018

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. AI-based automation will enable Samsung to introduce new services in the 5G era, such as industrial Internet of Things (IoT) and connected cars.

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PYMNTS

FEBRUARY 15, 2019

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. The outlet reported that the first Samsung stores will be at Roosevelt Field on Long Island, The Americana at Brand in Los Angeles and The Galleria in Houston.

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PYMNTS

NOVEMBER 1, 2017

Macy’s and Samsung announced the launch of a unique Samsung experience at the retailer’s flagship location in New York City. The experience is set up as an integrated Samsung ecosystem designed to simplify daily life.

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Samsung New York City New York Innovation 108

PYMNTS

JULY 10, 2019

Samsung Venture Investment Corporation (SVIC) announced on Wednesday (July 10) an $8.5 The tech firms backed by the investment include systems app company OSLabs, speech technology startup Gnani.ai, IoT solutions provider Silvan Innovation Labs and a computer vision startup in its early stages.

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Bank Innovation

MAY 20, 2016

Samsung Pay may not be available in the United Kingdom yet, but it’s rapidly expanding its reach in China in a March deal with UnionPay, the world’s largest credit card network, and now through a new deal with Alipay. Take that, Apple. The Seoul-based electronics company announced the deal today. Alipay’s 450 Read More.

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PYMNTS

SEPTEMBER 11, 2018

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. But how can I deliver meaningful innovation to our millennials?

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PYMNTS

NOVEMBER 1, 2017

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. That’s where Ahn said Samsung Pay’s more than 1,500 U.S. s VP and GM for the U.S.

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Bank Innovation

OCTOBER 25, 2017

EXCLUSIVE – Wirecard launched its mobile wallet integration with Apple Pay, Android Pay and Samsung Pay at Money 20/20 in Las Vegas. This comes as the digital payments-focused company prepares to go live with its own platform in the U.S. market next year.

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PYMNTS

MARCH 20, 2019

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. can now enable Samsung Pay.

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Bank Innovation

MARCH 18, 2016

Ally Bank will add Android Pay and Samsung Pay functionality “later this year,” Bank Innovation has learned. These additions would join Ally’s Apple Pay service, which the bank introduced this week.

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Bank Innovation

NOVEMBER 29, 2017

South Korean technology company Samsung has filed a patent for a new feature of its mobile payment service, Samsung Pay, that could allow users to share their transaction history with other users.

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PYMNTS

NOVEMBER 8, 2018

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. While the newswire reported that reporters weren’t able to get a close look at the new phone, it did say that a Samsung executive noted that the prototype phone had a diagonal screen size of 7.3

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PYMNTS

DECEMBER 12, 2018

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. In the world of blockchain phones, another name may crowd the pantheon.

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Bank Innovation

OCTOBER 24, 2016

Today Mastercard announced that it will be partnering with Microsoft, Google, and Samsung in order to integrate its Masterpass network with those digital wallets — so users of Google Wallet, Android Pay, or Samsung Pay can shop online wherever Masterpass is accepted, starting in early 2017.

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PYMNTS

JUNE 6, 2016

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.

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PYMNTS

JUNE 24, 2019

Samsung has introduced three new smart home items that are low-cost entrants into the space, according to a report. A SmartThings hub by Samsung runs about $70. In international Samsung news , the company is looking to double its online sales of smartphones in 2019 to reach $1 billion in India.

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PYMNTS

APRIL 25, 2019

Samsung has invested 2.6 The Samsung investment puts Ledger’s valuation at 260 million euros ($290 million). The news comes after it was reported that Samsung is working on its own blockchain-based network, as well as a cryptocurrency token called Samsung Coin. million euro (around $2.9

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PYMNTS

APRIL 5, 2017

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 it has been actively driving contactless payments in the market.

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PYMNTS

MAY 9, 2017

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.

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PYMNTS

JANUARY 17, 2017

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.

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Samsung Retail Innovation Mobile 100

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

MARCH 29, 2016

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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PYMNTS

FEBRUARY 13, 2017

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. To help alter its image, Samsung is releasing its next phone next month in New York.

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PYMNTS

JUNE 1, 2016

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. At Citibank, we continue to prioritize our efforts to make banking easier for our customers by leveraging digitization and innovation.

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PYMNTS

APRIL 20, 2016

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. This has enabled Samsung to capture wider merchant acceptance.

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PYMNTS

NOVEMBER 23, 2017

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.

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PYMNTS

DECEMBER 6, 2016

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. Samsung argued that it shouldn’t have had to turn over the whole of its smartphone profits on phones that infringed iPhone design patents.

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PYMNTS

SEPTEMBER 26, 2016

Samsung is looking to introduce biometric authentication capabilities to mobile devices, a move that could have significant implications for the enterprise world. But Samsung added that the technology could also be used to fuse together both voice and facial recognition technology simultaneously for a one-step authentication approach.

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PYMNTS

OCTOBER 3, 2017

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.

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