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Four Indian Startups Garner $8.5M From Samsung Venture

PYMNTS

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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The Mobile Banking and Payments Summit – Impressions from Day 2

Celent Banking

With the card dip taking away from the user experience, the expectation is that mobile wallets will finally offer enough UX improvement over traditional cards that consumers might opt for them during payment. This includes Apple Pay, Android Pay, or Samsung Pay.

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Big Tech’s Big Shadow Over FIs

PYMNTS

If issuers and banks don’t do that, he said, Apple, Google, Samsung and a whole host of Big Tech players are ready to step in and do so — taking away FI customers in the process. Narayan said that partly means using some of the best user experience (UX) innovation that tech players have brought to the space.

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Fintech Trending: Look Who’s Chasing Venmo, Student Loan Servicing Falls Short

Fintech Labs Insights

While there is no word yet on UI and UX specifics such as emojis with special powers, gifs, and social feeds, there have been a few questions about the name Zelle, which Urban Dictionary defines as, “a girl who is attractive and intelligent.” Samsung Pay. Also at fault is the large, fragmented number of suppliers.

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