PYMNTS

NOVEMBER 1, 2018

can now accept Samsung Pay for in-app payments. In a press release , Braintree said support for Samsung Pay was driven by focusing on what will drive the future of commerce and help merchants. could use PayPal within Samsung Pay at millions of retailers. By allowing U.S. billion transactions globally.

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PYMNTS

JANUARY 13, 2020

Samsung Electronics is acquiring network services provider TeleWorld Solutions (TWS) to build out the next generation of wireless, TechCrunch reported Monday (Jan. Samsung will continue to drive innovation in communications technology while providing optimization services for network deployments that accelerate U.S.

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PYMNTS

MARCH 6, 2020

Samsung has activated two-factor authentication after a data leak showed strangers’ private information, according to reports. Samsung hasn’t officially said that the data leak is the reason for the security. Samsung hasn’t officially said that the data leak is the reason for the security.

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PYMNTS

FEBRUARY 28, 2019

The 2018 holiday quarter was a good one for smartwatches, as Samsung and Fitbit each quadrupled shipments compared to a year before, according to reports. And although Apple Watch market share dropped 15 percent over the same time period, it still dominates with control of more than 50 percent of the market. Samsung shipped 2.4

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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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PYMNTS

MARCH 12, 2020

Mastercard is partnering with Samsung to bring digital technology to emerging markets and accelerate connectivity and smart devices, Mastercard said on Thursday (March 12). Mastercard Labs created the platform, which will be rolled out to the Samsung Knox team in the Middle East and Africa early this year.

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PYMNTS

APRIL 28, 2016

Samsung Pay has been in the U.S. market for exactly 212 days. What could speed the game up a bit, according to Samsung Pay’s GM, is giving consumers and merchants what they care about most: loyalty, offers and a secure digital identity. That’s why, for Samsung Pay , the next 365 days really matter. “As

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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. As well, Samsung said it plans to “solidify (the) foundation in the global 5G market based on our leadership in 5G commercialization in the U.S. and Korea.”.

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PYMNTS

JANUARY 9, 2020

A New Year’s Eve ransomware attack on Travelex continued to affect global businesses and customers today, including multiple Samsung Pay users, according to reports. A company representative confirmed that Samsung Pay’s international transactions have halted as technicians continue their efforts to resolve the issue.

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PYMNTS

JANUARY 30, 2020

A day after rivals in Cupertino posted revenue and earnings results at an all-time high, the team at Samsung had something less of a victory march when it reported its fourth quarter earnings. The good news for 2019 was that it was better than 2018, when Samsung saw its operating profit take a 52 percent hit. trillion won ($50.6

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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. market next year. This comes as the digital payments-focused company prepares to go live with its own platform in the U.S.

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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

OCTOBER 29, 2019

Samsung announced a partnership with Lyft on Tuesday (Oct. The partnership marks the first expansion of Samsung Rewards beyond the Galaxy ecosystem,” Samsung said in a press release , “and is just the beginning of what we have in store.”. For every dollar spent on Lyft, a user will get one Samsung Rewards point.

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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

JULY 18, 2016

Market data firm Kantar Worldpanel found, in the three months ending in May, that Apple’s iPhone 6s/6s Plus did worse than Samsung ’s Galaxy S7/S7 Edge in terms of sales. According to a report, 16 percent of consumers bought Samsung phones compared to 14.6 Need more evidence that Apple’s iPhone dominance is slipping?

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Samsung Apple Marketing Mobile 100

PYMNTS

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. However, as the smart fridge market is booming, and expected to reach $125.7

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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

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

AUGUST 19, 2016

Alibaba Group Holdings , China’s largest eCommerce company, is being put on notice in terms of its dominant position from a stock perspective, with Samsung Electronics catching up. As of the close of trading on Thursday, The Wall Street Journal reported Samsung shares were at $1,480. On Thursday (Aug. Reports point to Sept.

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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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Payments Dive

FEBRUARY 23, 2016

Samsung Pay will start global expansion beginning with China in March, followed by Australia, Brazil, Singapore, Spain and the U.K.

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PYMNTS

JULY 10, 2019

Samsung Venture Investment Corporation (SVIC) announced on Wednesday (July 10) an $8.5 According to Aloknath De, corporate vice president and chief technology officer at Samsung R&D Institute in Bengaluru, SVIC focuses its tech investments on early stage and growth-stage Indian startups in India.

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PYMNTS

JANUARY 6, 2020

Particularly standing in the spotlight are JPMorgan Chase , Samsung and Apple — for very different reasons. Samsung Virtual Human. Samsung disclosed that it will introduce a new “artificial human” to the world at CES 2020 in Las Vegas this week. It’s not a growth market.”. Chase’s Security Reset. It’s not healthy.

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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

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

APRIL 25, 2019

Samsung has invested 2.6 In his tweet, Larchevêque noted that while hardware wallets are still needed, the smartphone will play a “central role” in the crypto market. The Samsung investment puts Ledger’s valuation at 260 million euros ($290 million). million euro (around $2.9

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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

OCTOBER 29, 2019

Samsung announced a partnership with Lyft on Tuesday (Oct. The partnership marks the first expansion of Samsung Rewards beyond the Galaxy ecosystem,” Samsung said in a press release , “and is just the beginning of what we have in store.”. For every dollar spent on Lyft, a user will get one Samsung Rewards point.

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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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Payments Source

MARCH 13, 2020

Mastercard is working with Samsung to launch its Pay on Demand platform in emerging markets to drive financial inclusion.

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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

NOVEMBER 21, 2016

Samsung Pay usually goes hand-in-hand with a Samsung mobile device, typically one of its smartphones, but that is no longer the case with Samsung Pay working without a Samsung smartphone. The devices can be paired with any Android smartphone that has KitKat or newer, and Samsung Pay will work.

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PYMNTS

MAY 31, 2018

inked a deal with Samsung in which it will provide consumers with access to artificial intelligence-enabled doctors via smartphones. The Financial Times reported that in the beginning, the technology will be found in any new Samsung smartphones in the U.K. Babylon , the digital health startup out of the U.K.,

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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

JULY 13, 2018

South Korean financial regulators said a unit of Samsung , Samsung BioLogics , intentionally breached corporate accounting rules, Reuters reported Thursday (July 12). The joint venture, Samsung Bioepis , was not disclosed to the FSC, reports said. That notice led to a $6 billion market value loss. ”

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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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