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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.”. MORE
Samsung Pay may not be available in the United Kingdom yet, but it’s rapidly expanding its reach in China in a March deal with UnionPay, the world’s largest credit card network, and now through a new deal with Alipay. Take that, Apple. MORE
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. MORE
Samsung has announced that it will offer iTunes Movies and TV Shows and Apple AirPlay 2 support on all 2019 Samsung Smart TV models beginning this spring, while support on 2018 Samsung Smart TVs will launch through a firmware update. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
The feature, announced today, will use Samsung’s iris scanning technology, recently updated along with its other biometric capabilities, according to the company. Exclusive Mobile Security BBVA biometric authentication iris scanning Mobile banking Samsung MORE
In a potential challenge to Apple at brick-and-mortar retail, Samsung Electronics is looking to move beyond pop-up shops with its own full-scale U.S. As it stands, Samsung Electronics brick-and-mortar ventures in the U.S. MORE
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. MORE
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. MORE
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. MORE
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. Blockchain dtcc IBM News SamsungIn the world of blockchain phones, another name may crowd the pantheon. MORE
Earlier this year, Huawei was able to surpass Apple in China to become the second-place handset maker globally behind Samsung Electronics. Samsung fell to eighth place. “It’s Retail alibaba Apple china e-commerce huawei iPhone mobile News Samsung shopping Singles Day What's Hot MORE
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. MORE
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. MORE
Samsung Electronics is all in on Bixby , its voice-activated digital assistant, with the Financial Times reporting it plans to install Bixby on all its electronics by 2020. Samsung is behind U.S. Voice Activation Bixby electronics News Samsung voice-activated assistant What's Hot MORE
After announcing its Galaxy Home smart speaker in 2018, Samsung Mobile CEO DJ Koh has reportedly indicated that the device would be rolled out by April. As it stands, Samsung has other products that tap into the technology of its Bixby voice assistant. MORE
Verizon and Samsung announced on Monday (Dec. Verizon and Samsung will use Qualcomm modem chips and unveil a prototype at Qualcomm’s annual Snapdragon Technology Summit held in Maui, Hawaii from Dec. 3) that they would launch U.S. MORE
Mobile Payments Today recently spoke with Samsung about everything Samsung Pay MORE
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 MORE
Exclusive Mobile Payments Retail Technology Accenture Citi Bank mobile wallets Samsung Electronics Samsung PayIt’s no secret that mobile wallets, although well-intended, haven’t gained much traction among consumers. MORE
Samsung on Wednesday (Feb. According to Samsung , the “Galaxy Fold opens smoothly and naturally, like a book, and closes flat and compact with a satisfying click.” Last year in California, Samsung gave a first look at its foldable phone , which has a screen similar to a small tablet. MORE
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. MORE
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 MORE
can now accept Samsung Pay for in-app payments. In a press release , Braintree said support for Samsung Pay was driven by focusing on what will drive the future of commerce and help merchants. could use PayPal within Samsung Pay at millions of retailers. MORE
A new report claims that Samsung is set to release another smart speaker next year, in addition to the Galaxy Home. According to SamMobile , the other Samsung speaker will reportedly bear the model number “SM-V310” and come in black. MORE
Sang Ahn, VP and general manager of Samsung Pay U.S. Samsung Pay Inc. tells PYMNTS that this is Samsung Pay’s vision — not only with its own mobile wallet (which uses both NFC and backward-compatible MST technologies), but also with strategic partners as it unlocks these omnichannel opportunities. This was the spirit of the partnership that Samsung Pay struck with PayPal last July, and that today goes live to select users in the United States. MORE
Samsung announced on Wednesday (Feb. The tech company said in a press release that the smartphone “is built with defense-grade Samsung Knox, as well as a secure storage backed by hardware, which houses your private [crypto] keys for blockchain-enabled mobile services.”. MORE
Samsung Electronics gave a first look at a foldable phone that has a screen similar to a small tablet on Wednesday (November 7) in California. Innovation android apps Flexible Scrren foldable phone mobile News Samsung smartphone Technology What's Hot MORE
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. MORE
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 MORE
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. MORE
Samsung Electronics’ voice-activated digital assistant Bixby will support Google apps, the company revealed during CES, the consumer electronics show held every January in Las Vegas. VentureBeat noted that earlier in the week, Samsung announced that Google Assistant and Amazon’s Alexa will be supported on all of the TVs the consumer electronics giant produces, including its recently announced OLED TVs. MORE
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 MORE
For Samsung, weak demand in the rearview mirror, weak demand on the horizon, but will phones rebound? The latest shoe to drop belongs to Samsung, which on late Wednesday (Jan. Samsung, facing the slowdown now underway, nonetheless said that newer models such as the Galaxy S10 would be able to boost sales and performance moving forward. Earnings earnings News Samsung Smartphone Sales MORE
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. MORE
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 MORE
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.” MORE
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. MORE
Samsung Electronics smartphone sales will increase in the holiday shopping season, with the general trend lasting into 2019, the company said when announcing its Q3 results. For the third quarter of 2018, Samsung posted 24.91 Samsung Pay debuted about three years ago. MORE
Today Mastercard announced that it will be partnering with Microsoft, Google, and Samsung in order to integrate its Masterpass network with those digital wallets — so users of Google Wallet, Android Pay, or Samsung Pay can shop online wherever Masterpass is accepted, starting in early 2017. MORE
Samsung Related Topics PYMNTS
JANUARY 7, 2019
Samsung has announced that it will offer iTunes Movies and TV Shows and Apple AirPlay 2 support on all 2019 Samsung Smart TV models beginning this spring, while support on 2018 Samsung Smart TVs will launch through a firmware update.
PYMNTS
DECEMBER 12, 2018
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. Blockchain dtcc IBM News SamsungIn the world of blockchain phones, another name may crowd the pantheon.
PYMNTS
NOVEMBER 1, 2018
can now accept Samsung Pay for in-app payments. In a press release , Braintree said support for Samsung Pay was driven by focusing on what will drive the future of commerce and help merchants. could use PayPal within Samsung Pay at millions of retailers.
PYMNTS
FEBRUARY 15, 2019
In a potential challenge to Apple at brick-and-mortar retail, Samsung Electronics is looking to move beyond pop-up shops with its own full-scale U.S. As it stands, Samsung Electronics brick-and-mortar ventures in the U.S.
PYMNTS
FEBRUARY 20, 2019
Samsung on Wednesday (Feb. According to Samsung , the “Galaxy Fold opens smoothly and naturally, like a book, and closes flat and compact with a satisfying click.” Last year in California, Samsung gave a first look at its foldable phone , which has a screen similar to a small tablet.
PYMNTS
JANUARY 2, 2019
A new report claims that Samsung is set to release another smart speaker next year, in addition to the Galaxy Home. According to SamMobile , the other Samsung speaker will reportedly bear the model number “SM-V310” and come in black.
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.
PYMNTS
FEBRUARY 21, 2019
After announcing its Galaxy Home smart speaker in 2018, Samsung Mobile CEO DJ Koh has reportedly indicated that the device would be rolled out by April. As it stands, Samsung has other products that tap into the technology of its Bixby voice assistant.
PYMNTS
FEBRUARY 21, 2019
Samsung announced on Wednesday (Feb. The tech company said in a press release that the smartphone “is built with defense-grade Samsung Knox, as well as a secure storage backed by hardware, which houses your private [crypto] keys for blockchain-enabled mobile services.”.
PYMNTS
OCTOBER 31, 2018
Samsung Electronics smartphone sales will increase in the holiday shopping season, with the general trend lasting into 2019, the company said when announcing its Q3 results. For the third quarter of 2018, Samsung posted 24.91 Samsung Pay debuted about three years ago.
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.
PYMNTS
JANUARY 8, 2019
Samsung Electronics’ voice-activated digital assistant Bixby will support Google apps, the company revealed during CES, the consumer electronics show held every January in Las Vegas. VentureBeat noted that earlier in the week, Samsung announced that Google Assistant and Amazon’s Alexa will be supported on all of the TVs the consumer electronics giant produces, including its recently announced OLED TVs.
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
PYMNTS
NOVEMBER 12, 2018
Earlier this year, Huawei was able to surpass Apple in China to become the second-place handset maker globally behind Samsung Electronics. Samsung fell to eighth place. “It’s Retail alibaba Apple china e-commerce huawei iPhone mobile News Samsung shopping Singles Day What's Hot
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.
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.
PYMNTS
NOVEMBER 20, 2018
Samsung Electronics is all in on Bixby , its voice-activated digital assistant, with the Financial Times reporting it plans to install Bixby on all its electronics by 2020. Samsung is behind U.S. Voice Activation Bixby electronics News Samsung voice-activated assistant What's Hot
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
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.
PYMNTS
DECEMBER 3, 2018
Verizon and Samsung announced on Monday (Dec. Verizon and Samsung will use Qualcomm modem chips and unveil a prototype at Qualcomm’s annual Snapdragon Technology Summit held in Maui, Hawaii from Dec. 3) that they would launch U.S.
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.
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.”.
PYMNTS
APRIL 23, 2018
Sang Ahn, VP and general manager of Samsung Pay U.S. Samsung Pay Inc. tells PYMNTS that this is Samsung Pay’s vision — not only with its own mobile wallet (which uses both NFC and backward-compatible MST technologies), but also with strategic partners as it unlocks these omnichannel opportunities. This was the spirit of the partnership that Samsung Pay struck with PayPal last July, and that today goes live to select users in the United States.
Bank Innovation
OCTOBER 24, 2016
Today Mastercard announced that it will be partnering with Microsoft, Google, and Samsung in order to integrate its Masterpass network with those digital wallets — so users of Google Wallet, Android Pay, or Samsung Pay can shop online wherever Masterpass is accepted, starting in early 2017.
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.
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.
PYMNTS
JANUARY 31, 2019
For Samsung, weak demand in the rearview mirror, weak demand on the horizon, but will phones rebound? The latest shoe to drop belongs to Samsung, which on late Wednesday (Jan. Samsung, facing the slowdown now underway, nonetheless said that newer models such as the Galaxy S10 would be able to boost sales and performance moving forward. Earnings earnings News Samsung Smartphone Sales
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.
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.
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.
Mobile Payments Today
NOVEMBER 8, 2016
Mobile Payments Today recently spoke with Samsung about everything Samsung Pay
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.
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
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
Bank Innovation
MAY 1, 2017
Exclusive Mobile Payments Retail Technology Accenture Citi Bank mobile wallets Samsung Electronics Samsung PayIt’s no secret that mobile wallets, although well-intended, haven’t gained much traction among consumers.
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.”
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.
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.
Bank Innovation
NOVEMBER 20, 2017
The feature, announced today, will use Samsung’s iris scanning technology, recently updated along with its other biometric capabilities, according to the company. Exclusive Mobile Security BBVA biometric authentication iris scanning Mobile banking Samsung
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.
Bank Innovation
MAY 20, 2016
Samsung Pay may not be available in the United Kingdom yet, but it’s rapidly expanding its reach in China in a March deal with UnionPay, the world’s largest credit card network, and now through a new deal with Alipay. Take that, Apple.
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.
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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