Bank Innovation

AUGUST 22, 2018

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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PYMNTS

OCTOBER 1, 2020

The great digital shift is transforming credit cards into money management tools. Consumers want cards, and they want them quickly, and they want those cards [delivered] in a digital way," said Turner. The company said that through the expansion of its Digital-First Card Program, which was announced last Wednesday (Sept.

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Bank Innovation

JUNE 23, 2016

The online bank introduced Android Pay and Samsung Pay integration for its debit cards, in addition to the existing Apple Pay option, Ally announced yesterday. Ally Bank belongs to the “open-wallet camp,” for now.

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Bank Innovation

MAY 1, 2017

After all, consumers are not ready to give up their cash and card-filled wallets quite […]. In fact, a recent Accenture study suggests that 56% of North American consumers are aware of mobile payment services, but only 19% use their mobile wallet regularly.

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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. That’s where Ahn said Samsung Pay’s more than 1,500 U.S. s VP and GM for the U.S.

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PYMNTS

NOVEMBER 12, 2018

Find out how retailers are enabling purchases in stores as well as through apps, smart speakers and smart watches with new and innovative payment methods: A little more than eight in 10 — or 81 percent — of consumers travel to a store to make a purchase. And if a customer uses Samsung Pay to buy those offers.

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Bank Innovation

APRIL 23, 2018

Payments fintech PayPal will be expanding its in-store payment offerings this year, now offering users the ability to deposit money onto a prepaid debit card or use their service via a partnership with Samsung Pay, it was reported today, and as the Wall Street Journal noted earlier this month.

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Cards Samsung Payments Fintech 186

Bank Innovation

MARCH 29, 2016

Samsung Pay became the latest mobile payments platform to enter China, the South Korean tech giant announced today. The move was made in partnership with China UnionPay, the sole interbank ATM network and primary card issuer in China. If you’re doing card business in China, in other words, you’re doing it Read More.

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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. BGR noted that in India, Samsung Rewards works both with Samsung Pay and Samsung Pay Mini.

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PYMNTS

SEPTEMBER 3, 2019

Two hundred and seventy-four years later, those words are the perfect framework for understanding what will define the next decade of innovation in payments and any ecosystem that touches it. Sometimes those innovations disrupted old models and players; other times they made them better and more efficient. The Invisible Innovators .

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PYMNTS

OCTOBER 3, 2019

To offer a new way to shop and spend, the new virtual Samsung Pay Cash account is letting users add money and shop online as well in stores with the Samsung Pay app. Shopping is fun, and Samsung Pay Cash is one way we can help empower people to be knowledgeable about where their money is going.”. Ahn said in the announcement.

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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. AI-based automation will enable Samsung to introduce new services in the 5G era, such as industrial Internet of Things (IoT) and connected cars.

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PYMNTS

MARCH 17, 2017

PricewaterhouseCoopers — after 83 consecutive years of tabulating the Academy Awards without incident — managed to accidentally put the wrong card in Warren Beatty/Faye Dunaway’s hands for the Best Picture award and … well the rest is YouTube history. PwC is now called Probably Wrong Card!”. Best B2B Innovation. Silver: Alipay.

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PYMNTS

JUNE 13, 2017

Diebold Nixdorf , the connected commerce technology company and Samsung SDS America announced they are teaming up to show how integrating advanced mobile technology — such as facial recognition — and the self-service channel can result in enhanced security and an improved consumer experience.

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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. 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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PYMNTS

JUNE 6, 2016

Samsung Pay has officially launched in Spain, bringing the mobile wallet into its first European country. Samsung Pay is the first mobile payment service of its kind to be launched in Spain, giving it a head start in the market over Apple Pay and Android Pay.

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PYMNTS

JUNE 1, 2016

Samsung Electronics Singapore announced on Monday (May 30) that it has entered into a partnership with Citibank Singapore Limited in preparation for its mobile payment service’s upcoming launch in the country. At Citibank, we continue to prioritize our efforts to make banking easier for our customers by leveraging digitization and innovation.

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PYMNTS

APRIL 5, 2017

Mastercard announced Tuesday (April 4) that Mastercard cardholders from select banks in the United Arab Emirates (UAE) will now be able use the Samsung Pay service to make payments in a quick and secure way. Mastercard said it has been actively driving contactless payments in the market.

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PYMNTS

MARCH 20, 2019

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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PYMNTS

JANUARY 13, 2021

All eyes are on the small business community in the commercial card world as industry players increasingly explore how card products can help Main Street recovery and stay in business. Small Business Card Use On The Rise. Use of a charge card similarly grew year over year from 23 percent to 31 percent.

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PYMNTS

JANUARY 12, 2020

12), as Samsung has unveiled its Galaxy XCover Pro, an enterprise-grade smartphone that comes pre-installed with Visa’s Tap to Phone app. The partnership with Samsung is the first time the Tap to Phone software has been integrated into a device. The mPOS landscape got more interesting today (Jan. The Retail of the Future .

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PYMNTS

MAY 5, 2016

Samsung is making its move on grocery, though not in quite the same way other competitors in the field are. After a few months of speculation, Samsung’s Family Hub connected fridge is officially on the market — and apparently ready to streamline the average grocery acquisition process. issued credit and debit cards.

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PYMNTS

AUGUST 6, 2020

In its announcement, Bottomline highlighted the enhanced payer experience, as well as the ability to reduce card fees for recipients, as key benefits of the solution. Morgan Enhances Virtual Cards Via Marqeta. ’s Faster Payments real-time payments system. Plaid, Galileo Boost ACH Efficiency. In another bank-FinTech tie-up, J.P.

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Bank Innovation

JUNE 9, 2016

Bank would launch a mobile wallet, if a customer need arises, a spokeswoman told Bank Innovation. The bank announced a partnership with MasterCard yesterday, allowing customers to load their debit or credit cards into Android Pay and Samsung Pay mobile wallets.

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PYMNTS

MARCH 25, 2019

And this isn’t a small or niche subset of consumers – according to the latest edition of the Digital Consumer Report , a PYMNTS/ Samsung Pay collaboration, 58 percent of consumers reported engaging in contextual commerce. They want to add a card once, and if they lose it, they want to update it once.

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PYMNTS

NOVEMBER 9, 2017

NCR and Samsung Electronics America announced news on Wednesday (Nov. 8) of the launch of NCR Silver Quantum, an all-in-one point-of-sale (POS) station featuring an integrated payment device that comes equipped with mobile wallet acceptance capability, customer display, a loyalty scanner and a Samsung Galaxy tablet.

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PYMNTS

MARCH 9, 2017

Yesterday (March 8), Samsung Pay went live and online in India, a push done in collaboration with five Indian banks: Axis, HDFC, ICICI, SBI, and Standard Chartered, and credit and debit cards from MasterCard and Visa. Most interestingly, however, is the non-traditional player that is supported by Samsung’s mobile payment entry — Paytm.

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Bank Innovation

SEPTEMBER 13, 2018

Only months after launching a digital prepaid card for its corporate customers, Bank of America Merrill Lynch continues to expand its digital offerings for its corporate clients. can now use BofA Merrill Lynch mobile wallet on Apple Pay, Google Pay, and Samsung Pay. As of today, corporate cardholders in the U.S.

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PYMNTS

SEPTEMBER 26, 2016

But we will know how Square is raising the in-store payments game for SMBs, how Samsung is changing the topic and how Google is (finally) proudly welcoming Gmail to the year 2010 with mobile upgrades. Card-on-file comes to the physical store. No card, no phone, no swipe, dip or tap. Samsung Goes Retinal. Will it work?

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PYMNTS

FEBRUARY 9, 2017

Samsung’s global march added another stopping point this week, as Thailand became the latest nation to come online for Samsung Pay. That announcement comes as most of the global payments-watching community was watching Samsung Pay’s imminent foray into India. Samsung Pay In Thailand. merchants to 36 percent of U.S.

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PYMNTS

SEPTEMBER 19, 2018

Business cards and document pouch? Jolly, head of financing and channels in global transaction services at Bank of America Merrill Lynch , about the financial institution’s latest product launch: adding mobile wallet functionality to its suite of commercial card products. “We B2B Payments Innovation. Company-issued plastic?

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PYMNTS

AUGUST 6, 2020

According to the press release, the Kroger app will be compatible with “Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, mobile banking apps and contactless chip cards, underpinned by near-field communication (NFC) technology.” So far, the contactless pay app has been introduced in 61 QFC stores.

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PYMNTS

JUNE 26, 2019

In the United States, money transfer firm TransferWise has launched a Mastercard debit card along with an accompanying TransferWise Borderless multicurrency account. The 40-currency debit card completes the package, so we’re excited to be releasing the card in the U.S.”.

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PYMNTS

OCTOBER 11, 2018

In addition, SmartPesa is rolling out an Android point-of-sale (POS) system, and South Africa’s Mugg & Bean (M&B) is launching support for Samsung Pay. Vipps, which offers the BankAxept national payment system, is owned by banks in Norway, and processes eight out of 10 card purchases made in stores in the country.

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PYMNTS

DECEMBER 14, 2017

The age-old question is: How do you create a standard that works for every digital payments innovator – and the consumers and businesses they serve – when the starting points for those innovations reflect their very different origins and digital strengths? Other bodies may view standardization through web-based browsers.

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PYMNTS

MARCH 17, 2017

That’s why payments innovation isn’t just about delivering a solution, but delivering one that can create efficiency and reduce risk in a secure manner. PYMNTS: What does innovation mean to you? ML: To me, innovation means bringing relevant technology, products and services to our customers or partners we are targeting.

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PYMNTS

NOVEMBER 22, 2016

The biggest dilemma facing innovators isn’t whether what they’re doing will cannibalize what makes them money today but rather getting enough people to try their innovations so that they become mainstream and can make money tomorrow. That’s the problem that Samsung set out to crack with the Samsung Rewards program launched a week ago.

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