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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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Retail’s Ups And Downs: Holiday Shopping, The Olympics And The Samsung Galaxy Note 7

PYMNTS

Since, his bright red IZOD sweater has apparently sold out online , Esquire has posted stories on how to dress like him and Ken Bone even seems to be becoming a popular Halloween costume choice this season. billion and that online sales alone would climb 7–10 percent this year to $117 billion. And the poor Samsung Galaxy Note 7.

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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 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. And speaking of Samsung Pay , the electronics giant recently rolled out a rewards and cash back program for users of its mobile payment service.

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TRENDING: How Virtual Assistants Are Sous Cheffing This Thanksgiving

PYMNTS

While platforms like Apple Pay and Samsung Pay have failed to attract adoption from American consumers, Walmart’s omnichannel mobile wallet play may be set to pass them both — especially as consumers visit the store more frequently during the holiday season. Around the Omni Developer World. The mobile money tides seem to be changing.

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Building a Discipline to Drive Digital Banking Strategy

Gonzobanker

To ensure an effective digital customer feedback process, banks should: Utilize a surveying system that can easily be linked from a mobile app, online, and on your website. Typically, some of the lowest Net Promoter scores (NPS) in banking come from frustrated digital banking and payments users. Integrate feedback with app stores reviews.

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