PYMNTS

APRIL 12, 2018

On Thursday (April 12), Samsung Pay , the digital payment unit of Samsung Electronics, debuted Samsung Rewards, which gives users reward points every time they use the Samsung Pay mobile payment service to make purchases. According to news from BGR , with the program, it doesn’t matter what the Samsung Pay customer purchases with his or her mobile device. BGR noted that in India, Samsung Rewards works both with Samsung Pay and Samsung Pay Mini.

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PYMNTS

APRIL 17, 2018

Samsung is reportedly looking into blockchain technology to manage its supply chain, reports in Bloomberg said on Monday (April 16). Samsung SDS VP and Blockchain Chief Song Kwang-woo said that supply chain involves the transport of billions of dollars worth of goods every year. Samsung SDS, the company’s logistics and IT unit, said blockchain may be able to cut logistics and shipping costs by 20 percent, reports said.

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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. According to a report by 9to5Google , Samsung Pay confirmed on Twitter that the Gear S3 Classic and the Gear S3 Frontier will work with or without a Samsung smartphone. Samsung has said that such watches are “trendy” at the moment.

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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. According to a report in the Financial Times , Samsung has agreed to preinstall the technology into its new devices, enabling consumers to set up a video appointment with a doctor or get a check of symptoms via Samsung’s Health app. Artificial Intelligence Babylon health apps mobile devices Samsung uk What's Hot

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PYMNTS

NOVEMBER 22, 2016

That’s the problem that Samsung set out to crack with the Samsung Rewards program launched a week ago. Cue The Samsung Rewards Multiplier. Source: Samsung. Make It Simple, Samsung. Source: Samsung. What Makes Samsung Rewards Really Rewarding.

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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. With more than one billion wireless connections, the India market presents a lot of opportunity for Samsung and other electronics players. Retail brick and mortar india Millennials News Samsung Smartphones What's Hot

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PYMNTS

AUGUST 9, 2018

Samsung Electronics announced on Thursday (Aug. 9) the launch of the Samsung Galaxy Watch, a smartwatch aiming to take on Apple and the Apple Watch. At Samsung, we have a long history of providing consumers with choice, while maintaining innovation within our products, and we are excited to continue the proud heritage of our Galaxy line with our wearables,” said DJ Koh, president and CEO of the IT and mobile communications division of Samsung Electronics.

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PYMNTS

AUGUST 10, 2018

Spotify chief executive Daniel Ek announced that the company is teaming up with Samsung to provide an end-to-end integration across all devices. The partnership we are announcing with Samsung today is a truly cross-platform listening experience,” Ek said, according to the Financial Times. As part of the deal, Samsung customers will be provided with prompts to sign up for Spotify as they set up their new smartphone or TV.

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PYMNTS

FEBRUARY 22, 2018

21) that its customers would now be able to make contactless payments via Samsung Electronics’ mobile wallet, Samsung Pay. In a press release , Commonwealth Bank said customers with a Mastercard can load their credit or debit card details into its app and make secure payments with a compatible Samsung Galaxy or wearable device. By offering customers the ability to pay with Samsung Pay we are combining choice and convenience.”.

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PYMNTS

JULY 24, 2018

Despite a recent rumor that Samsung had entered a partnership with Lithuanian blockchain startup CopPay , the electronics giant announced that the deal is a fake. According to The Next Web , the alleged partnership would have enabled Samsung to allow its customers in three Baltic states to pay with crypto. However, a Samsung spokesperson denied the partnership in an email, stating, “Our official response is that the rumor is not true.”

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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. Let’s first review the fall from grace of the Samsung Galaxy Note 7, as it happened. Samsung could no longer bury its head in the sand and announced a recall, blaming the batteries.

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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. When consumers point their cameras at an object, Bixby Shopping identifies it and directs that shopper to an eCommerce site operated by a Samsung partner.

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PYMNTS

NOVEMBER 1, 2017

Two years ago, when Samsung Pay entered the mobile payments scene, it did what Apple and Android a year before it had not: It made mobile payment capabilities at the physical point of sale (POS) more or less ubiquitous right out of the gate. This new digital way to pay was made possible via technology that Samsung acquired, called “magnetic secure transmission” — MST — the very same technology that enables merchant point-of-sale terminals to accept a mag stripe card for payment.

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PYMNTS

MARCH 29, 2016

Apple Pay’s competition in China just got a bit steeper, as Samsung has officially rolled out Samsung Pay in the region. But Samsung may have an edge that Apple doesn’t. That’s because Samsung Pay works nearly anywhere contactless payments are available.

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PYMNTS

OCTOBER 20, 2017

19) that it is among the first third parties to use Samsung Rewards’ new API. In a press release, Better Mortgage, which has zero commissions, said Samsung Rewards works similar to a points-based airline’s rewards program, giving users points for so-called meaningful engagements with Samsung devices. Some of those include using Samsung Pay at checkout, using Bixby or signing up for features offered by Samsung Health.

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PYMNTS

MAY 2, 2018

subsidiary has signed a deal to place four of its most popular apps on millions of Samsung devices across the United States. Through the new deal, Oath’s Newsroom app, Yahoo Sports, Yahoo Finance and Go90 mobile video apps will be pre-populated on all of Samsung’s Galaxy S9 and S9+ devices. Advertisers will be able to place “native ads,” or advertisements that blend in with the content where they appear, within Oath’s apps on Samsung’s Galaxy.

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PYMNTS

APRIL 28, 2016

Samsung Pay has been in the U.S. 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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Mobile Payments Today

NOVEMBER 8, 2016

Mobile Payments Today recently spoke with Samsung about everything Samsung Pay

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Bank Innovation

APRIL 19, 2018

Personal payment cards issued by the Royal Bank of Canada are now supported by Samsung’s mobile payment system, Samsung Pay, the company announced today. Cards Exclusive Mobile Payments credit cards Mobile Payments RBC Samsung Pay

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PYMNTS

SEPTEMBER 26, 2016

Samsung is looking to introduce biometric authentication capabilities to mobile devices, a move that could have significant implications for the enterprise world. 23) said Samsung IT unit Samsung SDS is collaborating with vision and voice tech firm Sensory to imbed biometric recognition capabilities for banks and enterprises in an effort to safeguard their mobile transactions.

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PYMNTS

JUNE 20, 2017

Samsung Electronics Australia has announced a partnership with Cuscal , Australia’s leading independent provider of online payments solutions, that will enable 38 financial institutions to offer Samsung Pay, a secure and easy-to-use mobile payments service available on compatible Samsung devices. Finextra reports news that People’s Choice Credit Union, Credit Union Australia (CUA) and Teachers Mutual Bank are among some of Cuscal’s clients now offering Samsung Pay.

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PYMNTS

SEPTEMBER 12, 2016

Samsung Galaxy Note 7 users will have to do without their phones for a while unless they want to risk a handset exploding in their back pocket — or worse, next to their ear. It’s also poor timing because the news coincides with Apple’s iPhone 7 and iPhone 7 Plus launch and is bound to cause some Samsung users to jump ship. Fortune reported that Samsung shares fell today (Sept. Samsung’s market cap has dropped by over $14.3 Talk about a shot out of the blue.

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PYMNTS

DECEMBER 29, 2016

Apple has officially outperformed Samsung in holiday sales this year. Samsung saw 21 percent. While Samsung is slowly growing in popularity throughout the holiday season, up 1 percent from last year, Apple devices continue to be the gift to give.

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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. That’s according to a recent news report in the Wall Street Journal , which reported that Samsung could make billions if the iPhone X takes off.

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PYMNTS

OCTOBER 19, 2016

Given Samsung’s recent run of troubles — and the fact that said troubles issue from an exploding phone — it was likely just a matter of time before the lawsuits began. unit is facing a proposed class action lawsuit brought on behalf of three Galaxy Note 7 owners who seek to represent a nationwide class of Samsung owners who were burned by their phones — literally and metaphorically. Samsung initially announced the recall of 2.5 Regulation Samsung What's Hot

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PYMNTS

FEBRUARY 3, 2017

Samsung Electronics said Thursday (Feb. According to a report , the service will be called Samsung Pay Mini and will enable Android-based smartphones to make purchases online in South Korea after downloading the app. Samsung Electronics didn’t say if it will roll out the service in markets outside of South Korea. The report noted the move on the part of Samsung to launch Samsung Pay Mini comes at a time when the electronics company is looking for new avenues of growth.

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PYMNTS

NOVEMBER 14, 2017

14), Samsung, Inc. revealed its loyalty rewards program, Samsung Rewards, has achieved above-projected growth. We created Samsung Rewards to give back to consumers who use Samsung services, such as Samsung Pay, Ask an Expert on Samsung Health, Samsung Internet and Bixby,” Samsung said in the news release. More than half (54 percent) of Samsung Rewards’ growth has come from services like Bixby and Samsung Health.

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PYMNTS

AUGUST 9, 2017

Bank of America is reportedly launching a pilot of Samsung Electronics technology that will enable customers to access the mobile banking app via a photo of their eye. American Banker reported around 1,500 Bank of America and Samsung employees will try out the iris scan pilot for around six weeks. It makes sense for Bank of America to team up with Samsung, given the fact that Moore told the American Banker that 30 to 35 percent of its customers own a Samsung phone.

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PYMNTS

MARCH 7, 2018

Samsung , the South Korean consumer electronics company, has reportedly acquired Kngine , the artificial intelligence (AI) search engine startup. According to news from BGR , citing The Investor, Samsung acquired 100 percent of the company for an undisclosed sum. Our research arm Samsung Research America acquired the entire stake in October last year,” a Samsung official told The Investor, according to BGR.

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PYMNTS

APRIL 19, 2016

Samsung Pay has bulked up its bank and financial institution list again — this time with two more major banks. Now, Samsung Pay has support from 130 banks and credit unions, which means that Samsung Pay covers 75 percent of the U.S.

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PYMNTS

APRIL 5, 2017

Security researchers in Israel have discovered serious vulnerabilities in the operating system used by Samsung in its smart televisions, smart watches and mobile devices, Fortune reported. It’s possible that tens of millions of Samsung products could be at risk of being remotely take over by hackers. The system is believed to be available on 30 million Samsung TVs alone.

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PYMNTS

SEPTEMBER 26, 2016

Not to be outdone by Apple, which recently acquired Tuplejump to advance its artificial intelligence work, Samsung Electronics has subsumed some of the engineering activity in Israel. Israel is a Silicon Valley of innovative engineering, and according to Kai Bond, general manager and CEO of the New York Samsung Global Innovation Center, “Tel Aviv has more talented engineers per square foot than anywhere in the world.”. Innovation israel News Samsung What's Trending

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PYMNTS

NOVEMBER 7, 2016

Samsung announced Sunday (Nov. 6) that the new Samsung Galaxy S8 smartphone would launch with an artificial intelligence digital assistant, according to Reuters. Samsung recently acquired Viv Labs Inc., The AI platform, named Viv, will be introduced into Samsung smartphones, smart appliances and wearable tech. Samsung said third-party developers will be able to create, upload and integrate their own services to Viv.

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PYMNTS

OCTOBER 17, 2016

Given the virtual avalanche of troubles Samsung has endured of late, the investigation by its home government was the last shoe to drop. The investigation is actually ruled by analysts to be critical for Samsung at this point, as the firm is already taking a $5.3 Clearly, the top priority is for Samsung to assess precisely what caused the problems with the Note 7,” said Ian Fogg, head of mobile analysis at IHS Technology. “It’s

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PYMNTS

MAY 29, 2017

Samsung Electronics is setting up a new fund to help suppliers with cash flow. The fund will launch in conjunction with a program that will see Samsung Electronics’ first-tier suppliers able to lend cash to second-tier suppliers within a month when orders through the supply chain are submitted. The fund will be managed by Samsung Electronics for the next few years in an effort to settle outstanding invoices within 30 days for second-tier suppliers.

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PYMNTS

MAY 17, 2017

Samsung Electronics announced Tuesday (May 16) new and advanced SAMSUNG ARTIK Smart IoT platform products that will help companies get to market faster with more secure offerings and services, improve return on investment and bring IoT another step closer to Samsung’s vision of intelligent things. Head of ARTIK, Samsung Electronics, in the press release. “A Internet of Things internet IoT Retail Samsung samsung artik samsung electronics What's Hot

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PYMNTS

MAY 15, 2018

Nana Murugesan, vice president and general manager at Samsung Electronics America, said this is what Samsung has been building up to in recent years, continually tucking new value-add features into its ecosystem. The most recent feature weaves Samsung Rewards into Samsung Pay in a way that gives users reward points every time they use the mobile payment service, no matter what the customer is buying, where they’re doing business or how they’re paying for it.

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PYMNTS

MAY 10, 2017

Mswipe Technologies , India’s largest independent POS merchant acquirer and network provider, announced Tuesday (May 9) it has enabled Samsung Pay at all its terminals across the country. In a press release, Mswipe said the partnership with Samsung Electronics will enable contactless/tap-and-pay-on-the-go facility for Samsung Pay users across all two lac Mswipe terminals in the country. Payment Methods contactless payments india mobile pay Mswipe Samsung Pay What's Hot

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PYMNTS

MAY 19, 2016

Samsung has seen the benefits of loyalty, and it is making it a part of its mobile wallet. The electronics company announced yesterday (May 18) that Samsung Pay users in the U.S. The release adds that Samsung Pay’s new membership feature allows users to store other types of cards as well, including insurance and ID cards. Loyalty & Rewards Loyalty and Rewards mobile commerce Mobile Payments Mobile Wallets Retail retail what's hot Samsung Samsung Pay What's Hot

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PYMNTS

OCTOBER 12, 2016

In the wake of the headline-grabbing choice to discontinue production of its Galaxy Note phone due to seemingly intractable battery fires, Samsung’s investors want some clarity about what exactly went so wrong. Investors are demanding that Samsung quickly get a handle on what is causing the phones to spontaneously combust, get it fixed and get a new model to market. The order came as Samsung shares continue their free-fall to a new one-month low.

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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. “It’s a serious violation of accounting standards, and the committee ruled that [Samsung] knowingly and intentionally decided not to disclose it,” the FSC said in a statement.

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PYMNTS

SEPTEMBER 2, 2016

Embarrassing, since the phone first hit the market a month ago — poorly timed considering Samsung’s main rival Apple will be showing off their new flagship phone next week. The fire issue is slowing down sales, hence Samsung’s announcement that it will offer customers a new product for free to replace all 2.5 So far Samsung reports it has found 24 devices with spontaneous combustion issues for every million sold.

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PYMNTS

JULY 7, 2017

Samsung Electronics recently announced that operating profits saw record highs in the second quarter, buoyed by surging prices for memory chips. Samsung has committed to investing more than $18 billion in memory technologies and next generation displays. This is a space where Samsung has sway, and the screens are likely to be built into the coming wave of next generation iPhones.

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