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Samsung Pay Crosses 1.3 Billion Transactions, But Falls Short of Apple Pay

Bank Innovation

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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Identity As A Service To The Rescue

PYMNTS

Social media platforms are infested with phonies, and not just your best friend’s irritating co-worker (although he totally is). This is about the fact that fake identities comprise 25 percent of new social media accounts created every day, and that 53 percent of all social media logins are fraudulent , according to a recent study.

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Wells Fizzles, Lyft Sizzles And Samsung Snatches A Sizzle From A Fizzle

PYMNTS

Try being Samsung this past week, which had both a sizzle and a fizzle. SMBs: Small business operators remained optimistic into March as data from Capital One stated that half of smaller firms surveyed see optimism about the current business climate, which is better by 9 percent than a year ago. Or at least Bixby will when available.

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Tencent To Increase Investments In Payments

PYMNTS

Tencent, the Chinese mobile games and social media company, is gearing up to increase its investments in online payments, cloud services and artificial intelligence. The comments came as the Chinese company posted its best-ever quarterly results, thanks to smartphone games, online payments and advertising. billion yuan.

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NEW REPORT: How AI And AR Give Makeup A Makeover

PYMNTS

The financial services company recently debuted a new partnership with Russian phone operator and telecom provider MegaFon. The two collaborated on a payments solution designed to enable MegaFon subscribers to make purchases or pay bills via their smartphone using Apple Pay or Samsung Pay and a linked virtual Mastercard.

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Innovation All the Time

Independent Banker

has evolved over the years from operations oversight to overseeing operations and innovation. But now his current role is to focus entirely on developing forward-looking financial retail offerings, including mobile and online banking, card technologies and other emerging channels and devices. “We Alex Jimenez, Rockland Trust Co.

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They Grow Up So Fast: Gen Z Starts Taking Consumer Power

PYMNTS

Samsung recently said it would overhaul its smartphone strategy, lowering the price point of its handsets to appeal to more millennials. .” All that taken into account, let’s not bury millennials just yet. Major companies are placing big bets on those consumers. After all, they are getting older and earning more.