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Samsung Pay Launches Debit Card, Money Management

PYMNTS

Samsung Pay is launching a physical debit card and this summer will introduce a money management tool in partnership with SoFi. Ahn added that over the summer months, Samsung Pay will introduce a tool to help people better manage their financial lives. By early 2019, Samsung Pay’s international presence grew to six global regions.

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 Samsung Eyes Blockchain Smartphone?

PYMNTS

Said sites including thenextweb.com , Samsung, no small player in mobile devices, submitted three trademark requests in Europe that offer up some clues into blockchain-focused phones. The bank said that fellow participants in the transaction included Region Brokerage Company and the Russian National Settlement Depository (NSD).

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Samsung Pay Launches In China

PYMNTS

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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CIBC Pulls Mobile Payment App As Apple Pay, Samsung Pay Grow In Popularity

PYMNTS

According to a report , the CIBC said the move was prompted by more popular payment alternatives being offered by Samsung and Apple. Last May, it introduced support for Apple Pay and is now one of only five big banks in Canada to offer support for Samsung Pay as well.

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Here Are The Asian Smartphone Upstarts Gunning To Displace Apple, Samsung, And Huawei In The Region

CB Insights

Large companies like Samsung , Apple , and Huawei have traditionally dominated the Asian smartphones market, but in recent years, new makers have slowly emerged to chip away at that dominance. In 2016, Xiaomi shared the leadership position with Samsung in terms of phones sold in India, with its low-cost line leading growth.

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Bustlingly Busy, Visa’s Vistas Expand

PYMNTS

Visa/Paypal International Focus : The Visa/Paypal relationship is now expanding to the Asia-Pacific region, where a variety of in-store payment methods will be explored, and forthcoming, working with and possibly even helping expand mobile wallet adoption. Hacking, Hacking Everywhere : The venerable Samsung brand may be under attack.

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Bitcoin Daily: SIMBA Chain Lands $1.5M Blockchain Contract From US Air Force; Centra Tech Co-Founder Pleads In Crypto Fraud Case

PYMNTS

Robert Farkas, the 33-year-old co-founder of crypto project Centra Tech , has pleaded guilty in court to conspiring to commit securities and wire fraud, Coindesk reported. The bank’s Islamic Research and Training Institute ( IRTI ) will be working with Samsung-backed blockchain provider BLOCKO.