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Data Leak Compels Samsung To Activate Two-Factor Authentication

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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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PFS Cardholders Can Now Make Purchases With Samsung Pay

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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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Travelex Attack Forces Shutdown Of Samsung Pay’s Cross-Border Transfers

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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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Samsung Forecasts Declines, Exceeds Profit Guidance Expectations

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and China impacts the global markets for smartphones and chips, Samsung Electronics Co Ltd. predicts a sharp drop in operating profit for the second quarter. Operating profit for April through June likely dropped 56 percent to $5.6 As the trade war between the U.S. billion or 6.5 Intensified U.S.-China

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Memory And Mining Chips Send Samsung Soaring

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It was a solid earnings report for Samsung in the fourth quarter of 2017, as earnings surged due to strong sales of the manufacturer’s memory chips, the company said in an announcement. But on the downside, Samsung faced challenges with its System LSI and Foundry businesses, as weak seasonality impacted the growth of those product lines.

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Samsung SDS Partners On Mobile Payments Solution

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Infosys Finacle, part of EdgeVerve Systems, and Samsung SDS, a subsidiary of Samsung Electronics, announced a new partnership aimed at providing consumers with a frictionless mobile banking/payment solution.

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Today In Payments: Wirecard Files For Insolvency; New York To Ease Cryptocurrency Regulations

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Samsung To Roll Out Pay Card For Digital Wallet With Mastercard, Curve. Samsung Electronics Co. plans to offer a Samsung Pay Card that will operate like a digital wall for customers. For the launch, Samsung is linking up with Mastercard and FinTech Curve.

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