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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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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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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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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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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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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OCTOBER 11, 2018

Coverage includes Norway ’s Vipps selection of Inside Secure to provide security for contactless payments. In addition, SmartPesa is rolling out an Android point-of-sale (POS) system, and South Africa’s Mugg & Bean (M&B) is launching support for Samsung Pay.

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MAY 3, 2016

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.

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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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MARCH 17, 2017

That’s why payments innovation isn’t just about delivering a solution, but delivering one that can create efficiency and reduce risk in a secure manner. ML: As executive vice president and CIO, I am responsible for the technology and security solutions we provide and how they are positioned in the marketplace.

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AUGUST 1, 2017

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. Like the mobile phone industry, IoT will be driven by open systems, interoperability and support from innovative applications.”.

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FEBRUARY 21, 2019

Telefónica Chief Innovation Officer Gonzalo Martín-Villa said in an announcement , “Blockchain not only allows us to work with new business models related to personal data. Samsung announced on Wednesday (Feb. It gives us the opportunity to add a trust layer to operations, and design new disruptive services.”.

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JANUARY 2, 2020

Samsung has introduced a new refrigerator that’s the latest addition to its Family Hub lineup, with artificial intelligence (AI) and features that can plan meals and connect with Samsung devices around the home, according to a report by VentureBeat. This feature lets people watch security cameras from the fridge.

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OCTOBER 18, 2019

Samsung SDS will reportedly launch a blockchain-based medical claims processing system this month. We know that embracing new technology is necessary for the future growth of our economy, and so, in Bermuda, we are making sure that we are leading the world in facilitating innovation.

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SEPTEMBER 3, 2019

Two hundred and seventy-four years later, those words are the perfect framework for understanding what will define the next decade of innovation in payments and any ecosystem that touches it. Sometimes those innovations disrupted old models and players; other times they made them better and more efficient. The Invisible Innovators .

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SEPTEMBER 26, 2016

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. The next contender for securing the devices that are increasingly repositories of sensitive information?

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APRIL 23, 2018

Logistics company Supplylogix has reportedly secured a patent pertaining to inventory management technology, reports in Citizen Tribune said Friday (April 20). The logistics space, too, is embracing innovative technologies like blockchain. A press release from Supplylogix said the company was awarded the patent by the U.S.

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NOVEMBER 15, 2018

Maxime de Nanclas, COO and co-founder of Mobeewave, said, “Securing strategic funding from organizations with a proven track record of supporting innovation, especially financial technologies, will enable Mobeewave to continue to grow, [and] develop new product offerings and business partnerships.

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Bank Innovation

NOVEMBER 20, 2017

The feature, announced today, will use Samsung’s iris scanning technology, recently updated along with its other biometric capabilities, according to the company. Spanish bank BBVA will integrate a biometric authentication feature into its mobile app, allowing users to log into their app via iris scan.

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MARCH 18, 2016

” Innovation Project 2016 — where hundreds of leaders across the payments, commerce, tech and security ecosystems joined together under one roof with one mission: navigating the balance between the leading and the bleeding edge. Especially when your talking innovations in payments. So, how did Day 2 end up?

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SEPTEMBER 6, 2016

In a world where payments become more invisible the more digital they become, there’s never been a better opportunity to consider new ways to enable the digital transformation of financial services in a secure and compliant way. Payments Security As A Digital Business Enabler. Then, there was sudden exponential growth in innovation.

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AUGUST 17, 2017

Looking back over a five-year time frame, with an eye on innovation that has enabled all of the above top-down momentum in payments, the executive said the most important events have included a real “difference between infrastructure changes and what the customer might see.”. A lot of companies do that, but we don’t.”

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SEPTEMBER 27, 2017

After all, if no one wants to use a new piece of tech, it doesn’t matter how groundbreaking an innovation it might be — it probably won’t be around for long. Most recently , the bank has partnered with electronics giant Samsung, which has experience creating biometric authentication for smartphones and other mobile devices.

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NOVEMBER 17, 2017

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. We are particularly excited about the role biometric authentication will play to both of these ends.”.

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JANUARY 17, 2020

Preventing fraud with seamless and secure onboarding solutions is key. The Deep Dive also highlights innovative fraud detection technologies that FinTechs and other businesses are employing — such as artificial intelligence (AI), machine learning (ML) and dynamic biometrics — to thwart criminals.

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OCTOBER 1, 2020

23), it is offering foundational digital guidelines to help several partners – including payment processors FIS, CoreCard, i2c, TSYS (owned by Global Payments) and others – to access card data in a speedy, secure manner. The plastic cards, she noted, do not display the six-digit PAN, CVC2 or expiration dates (which boosts security, too).

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JANUARY 2, 2019

While commercial card innovation certainly accelerated in 2018, progress can always continue. 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. ” Enhancing Security.

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NOVEMBER 21, 2017

Samsung Electronics, the South Korean consumer electronics giant, and BBVA, the Spanish bank, announced Monday (Nov. 20) a new iris scanning feature that will enable BBVA customers with Samsung-compatible smartphones to log on to the bank’s mobile app simply by looking at their smartphone’s display.

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DECEMBER 18, 2019

To create and promote the adoption of a new royalty-free connectivity standard to make smart home products more compatible with security as a design tenet, Amazon, Google, Apple and the Zigbee Alliance unveiled a new working group. It is created around the idea that smart home devices should be seamless, reliable and secure.

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OCTOBER 24, 2016

The company will integrate its digital checkout option, Masterpass , with Android Pay, Samsung Pay and Microsoft Wallet starting early next year. Mastercard is working to ensure that every one of our accounts is as digital as the people using them,” Garry Lyons, Chief Innovation Officer at Mastercard, said in a statement.

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JUNE 20, 2017

PNC Bank is linking its corporate clients with a new mobile solution that links users of its Visa commercial cards into mobile wallet solutions Apple Pay, Android Pay and Samsung Pay. But the move is also part of a broader effort to keep corporate payments up to speed with consumer payment innovation, the financial institution said.

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Bank Innovation

SEPTEMBER 18, 2017

So how does a global payments company cope, and deal with diverse challenges such as paying with selfies, P2P payments, and blockchain, not to mention Apple Pay, Samsung Pay, Anrdroid Pay, and all the other Pays? The payments space is tumultuous and fast-moving, with new entrants appearing all the time.

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AUGUST 4, 2016

Samsung ’s new Galaxy Note7 , its latest smartphone update, comes with a pretty cool new feature that consumers can probably expect to see more of in the future: an iris scanner that scans your eyeball before it unlocks as a security measure.

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AUGUST 6, 2020

Digital payments solution provider Payrailz has secured a reseller agreement with digital banking company Tyfone. “This opens up huge new possibilities for companies looking to streamline payments and provide innovative services to their people,” Marqeta’s Chief Revenue Officer Omri Dahan said in a statement.

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DECEMBER 4, 2018

With Apple Pay, the company noted that a one-time unique dynamic security code authorizes each transaction, and that credit or debit card numbers aren’t stored on devices or on Apple’s servers. The company noted that the service keeps payment details secure by using a virtual account number.

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JANUARY 14, 2020

Samsung ranked second with 6,469 patents, up 11 percent. Almost 50 percent of IBM’s 2019 patents related to “hot-button technologies such as artificial intelligence (AI), cloud computing, security, blockchain and quantum computing.”. More patents were filed in the U.S. Canon came in at No.

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JULY 18, 2016

Samsung ’s next smartphone/tablet, the Galaxy Note 7, is expected to include an iris scanner, according to several reports on Sunday (July 17). The new Galaxy Note 7 will feature a new biometric security feature for an iris scanner, according to a product listing on Zauba, a website that track’s India’s importing and exporting trade.

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