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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PYMNTS

MAY 3, 2018

Samsung Pay , the digital development unit of Samsung Electronics , said on Thursday (May 3) that it has added new shopping and rewards features to its mobile payment service. One of those features uses Bixby , Samsung’s intelligence platform, to enable Samsung Pay users to shop via their smartphone cameras.

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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. But competition and marketing expenses will cut into profits, and mobile revenue declined about 12 percent year over year. trillion won ($21.9

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PYMNTS

MARCH 7, 2017

From mobile-first strategies to revamping companies’ overall digital side of their practice to have more of an eCommerce focus, retailers have been steadily observing consumers’ shopping patterns for years to determine which is the best route to dive into. The latest company to join the chatbot game from a retail standpoint is Samsung.

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PYMNTS

FEBRUARY 20, 2019

Samsung on Wednesday (Feb. According to Samsung , the “Galaxy Fold opens smoothly and naturally, like a book, and closes flat and compact with a satisfying click.” Last year in California, Samsung gave a first look at its foldable phone , which has a screen similar to a small tablet. starts at $1,980.”

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PYMNTS

JULY 8, 2016

While the smartphone market is going down, Samsung appears to be one of the few companies still going up, and it appears to be largely thanks to the debut of its new Galaxy S7. Like Samsung. The Galaxy S7 is water resistant, sleeker than the iPhone and comes with an expandable memory.

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PYMNTS

JULY 2, 2019

Samsung has shut down its India-specific, AI-powered app called Samsung Mall, according to a report. India is a big market for Samsung, and its research and development team is based there. When it launched, Samsung said it would work with Bixby , the company’s voice assistant. It was ranked No.

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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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PYMNTS

NOVEMBER 12, 2018

According to news from CNBC , citing Alibaba, Apple topped the list in the mobile phone category — one retailer among 237 others that surpassed $14.36 And, while Alibaba didn’t state which iPhones were in demand, it was still good news for Apple, which has been struggling to boost its market share in the country.

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PYMNTS

MAY 29, 2019

With a new array of budget-friendly devices, Samsung Electronics is looking to double its online sales of smartphones in 2019 to reach $1 billion in India. Smartphones, as well as fashion, are said to be some of the most popular purchase categories in the country’s fast-growing online shopping market, Reuters reported.

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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. 11) its largest mobile store in the world.

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PYMNTS

JANUARY 17, 2017

As retail shifts further into online spaces, the pressure is on for traditional stores to integrate digital features into their physical spaces to keep consumers interested. Samsung’s booth at the NRF Big Show 2017 showcases a retail journey from beginning to end using the company’s innovations.

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PYMNTS

OCTOBER 6, 2016

Such seems to be the motto over at Samsung with the news that it will be hiring the team that built Siri. Samsung has announced that it will acquire Viv Labs — founded by the creators of Apple’s Siri — for an as-yet-undisclosed sum of money. So, why is Samsung buying the tech and the team that built it? ”

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PYMNTS

SEPTEMBER 16, 2016

It couldn’t get much worse for Samsung. Once heralded as the best smartphone ever, the Samsung Galaxy Note 7 has instead proven to be the most combustible smartphone ever. The situation for Samsung is reminiscent of the Irish car manufacturer DeLorean ’s short-lived celebrity in the 1980s. Compounding the agony, the U.S.

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PYMNTS

MARCH 14, 2017

A new report by Global Market Insights reveals that the market size for mobile POS terminals will gain significant growth in the coming years, with a compound annual growth rate (CAGR) of more than 19 percent from 2016 to 2023. According to a press release , the POS Terminal Industry is expected to be valued at $103.52

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PYMNTS

FEBRUARY 15, 2017

Samsung is now providing the possibility for this with its upcoming invite-only event at New York’s Fashion Week. At this event, Samsung will be incorporating virtual reality (VR) into the fashion show experience to give attendees a more immersive experience.

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PYMNTS

OCTOBER 31, 2018

However, AR is now rewriting the rules of the retail game. A growing number of retailers are leveraging the technology to entice customers with a “try before you buy” shopping experience, having already been adopted by several big names in retail, including the likes of Walmart and Target.

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PYMNTS

NOVEMBER 9, 2017

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.

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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. Though that will make just four countries under the Samsung Pay umbrella — along with South Korea, the U.S.

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PYMNTS

DECEMBER 3, 2018

Verizon and Samsung announced on Monday (Dec. The move would essentially beat Apple to the market with smartphones featuring 5G technology, because reports say that Apple is going to wait until 2020 to release the first iPhones featuring the tech. 3) that they would launch U.S. 5G phones in the first half of 2019, according to Reuters.

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PYMNTS

MARCH 11, 2019

Retailers are becoming more interested in omnichannel offerings: The PYMNTS mPOS Tracker found that 67 percent of those surveyed listed it as a priority for this year. At the same time, new technologies are coming on the market to serve these merchants. And technology and payments firms are collaborating to bring offerings to market.

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PYMNTS

JULY 5, 2019

and China impacts the global markets for smartphones and chips, Samsung Electronics Co Ltd. In separate recent news from Samsung, reports noted that the tech company is rolling out a marketplace for the company’s voice assistant, Bixby, despite its relatively unknown name when stacked against the likes of Siri, Alexa, and Cortana.

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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

MAY 16, 2016

However, those who sat back and watched have enjoyed the luxury of observing this nascent market, and like Samsung, some are carving out new niches within it. That’s the mission statement at least behind Samsung’s Charm wearable device.

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PYMNTS

SEPTEMBER 28, 2016

Samsung said on Tuesday (Sept. 27) that its one anniversary of Samsung Pay in the United States has brought some new features to the payments platform. The coupons, linked to a membership account, are automatically applied upon checkout using Samsung Pay. formerly Coupons.com), which has a platform for digital promotions.

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PYMNTS

DECEMBER 28, 2016

The numbers are in, and Apple officially outdid Samsung when it came to holiday sales this year. This means that for every Samsung device activated during the holiday season, Apple saw two. This year, 44 percent of new phone and tablet activations were Apple devices with Samsung seeing 21 percent.

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PYMNTS

APRIL 27, 2018

Samsung posted its best operating profit ever in its first-quarter 2018 earnings results, but the manufacturer also had other news: A slowdown is looming for its display panel unit, which makes organic light-emitting diode screens for its own smartphones and Apple’s iPhone X. Amid the uncertainly, though, first-quarter operating profits — 15.64

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PYMNTS

OCTOBER 27, 2017

India has overtaken the United States to become the world’s second largest smartphone market. According to news from a report by Canalys , smartphone shipments in India grew 23 percent year over year in Q3 2017 to reach just over 40 million units, making the country the world’s second largest smartphone market after China.

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PYMNTS

AUGUST 28, 2019

So-called Generation Z is also driving much of the innovation when it comes to retail. To reach consumers on the hunt for offerings that are “clean and natural,” the retail chain rolled out its Everspring household brand. And six in 10 shoppers said it factored into their decision of where to transact, Retail Dive reported.

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PYMNTS

FEBRUARY 29, 2016

Most of the time, the big battles in retail take place on the battlefields of brick-and-mortar storefronts and customers’ keyboards. Reuters reported that, despite a string of losses in the courtroom and an order to pay Apple $120 million in damages for patent infringement, Samsung received a bit of good news on Friday (Feb.

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PYMNTS

AUGUST 22, 2019

To differentiate his eCommerce site from the many other sock sellers, Williams came up with the idea of introducing a vending machine for socks – otherwise known as an automated retail unit – at the Westfield San Francisco Centre shopping mall. It sits at the Powell/Market Street Bart entrance of the mall’s concourse level. The Market.

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PYMNTS

AUGUST 1, 2019

Fitbit reportedly has cut its revenue forecast, one of the latest bits of news from the hot retail area of wearables. But there are other retail factors at play as well. In fact, shipments of wearables like Apple’s AirPods and Samsung headphones reached 49.6 Most of the market is led by wrist-worn wearables, at 63.2

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PYMNTS

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. The marketing blitz got underway this summer, mainly centered in the Pacific Northwest, particularly Portland. Samsung Goes Retinal.

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PYMNTS

MAY 5, 2016

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.

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PYMNTS

AUGUST 24, 2016

It seems Samsung is not content to let Amazon and the Echo (or Google’s forthcoming Home products) walk away with the simple smart home device market. According to reports emerging, Samsung is releasing a gadget all its own called the Scoop to compete in the field.

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PYMNTS

JUNE 2, 2016

According to Visa, a third of all credit card/debit card transactions in Singapore retail stores are made with contactless cards. One bank, UOB, has lifted that cap for any retailer that uses that bank’s payment processing. Singapore isn’t the only Asian market that Apple is eyeing. And unlike the U.K.,

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PYMNTS

OCTOBER 10, 2016

Things have managed to go from bad to worse to nearly incalculably awful for Samsung in the course of the last few days. It seems the replacement Galaxy Note 7 phones — the ones pushed to market to replace the 2.5 And it seems that no one will be getting a new Galaxy Note 7 until Samsung figures out exactly what is going on.

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