PYMNTS

JANUARY 9, 2020

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 System Data Groups 132

PYMNTS

FEBRUARY 21, 2020

Also, Samsung production in Vietnam could stall due to the coronavirus. NYC Taxi Commission Accused Of $810 Million Fraud. Samsung Production Backlogged In Vietnam Due To Coronavirus. The coronavirus epidemic’s impact on Vietnam’s supply chain could stall production of the latest Samsung smartphones.

Apple 150

Apple Samsung Fraud New York 150

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.

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Samsung America Mobile US 118

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.

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Samsung Security Software System 100

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. If you asked them, however, they’d probably just say they were shopping, and the word “contextual” would never come up.

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Samsung social media Examples Payments 116

PYMNTS

JANUARY 17, 2020

This increasingly sophisticated group poses a growing and costly headache to those who value the model, forcing businesses to spend billions on fraud-fighting technologies. Preventing fraud with seamless and secure onboarding solutions is key. million fraud reports in 2018, resulting in $1.48 trillion a year.

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Security Fraud blockchain Cards 130

PYMNTS

DECEMBER 27, 2016

In order to keep mobile customers, payments and data safe, multiple security companies recently formed partnerships designed to bolster their mobile security. Samsung Electronics Co., Samsung Electronics Co., Meanwhile, similarly, FirstBank announced last month that it would turn to Entersekt to help secure its iOS app.

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Security Report Mobile United States 124

PYMNTS

OCTOBER 2, 2019

In other news, Morningstar Credit Ratings is moving further into the blockchain space by building the largest bridge to date between the blockchain and the global debt securities industry, which had $117 trillion outstanding as of March 2019. And Samsung-backed Blocko is now in the UAE after it secured funding in Asia Pacific and Europe.

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blockchain Security Bitcoin United States 145

PYMNTS

JULY 9, 2019

As digital payments and commerce grows — and as consumers and regulators focus more on issues related to web security and privacy — digital ID continues to take more of a role in addressing those concerns, and helping online companies and organizations win over more consumer and otherwise scale. Everything is moving toward digital.”.

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Security Online Fraud Samsung 191

PYMNTS

JANUARY 2, 2019

In September Bank of America announced that it had added mobile wallet support for a suite of commercial card products, now letting corporate card holders use Apple Pay, Google Pay and Samsung Pay. ” Enhancing Security. “An added benefit to using commercial cards in mobile wallets is security and protection of card numbers.

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Mobile Cards Samsung America 211

PYMNTS

JUNE 17, 2020

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.

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blockchain Fraud Indiana Bitcoin 132

PYMNTS

SEPTEMBER 6, 2016

In a world where payments become more invisible the more digital they become, there’s never been a better opportunity to consider new ways to enable the digital transformation of financial services in a secure and compliant way. Payments Security As A Digital Business Enabler. Or watch its digital disruption.

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Security CA Payments Big Data 100

PYMNTS

MAY 10, 2016

The Federal Trade Commission (FTC) is running a security check on mobile devices. The agency announced yesterday (May 9) that it has issued orders to eight mobile device manufacturers to share with the FTC the details about their particular processes in issuing security updates in instances when their smartphones, tablets, et al.,

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Mobile Security Samsung Apple 100

PYMNTS

OCTOBER 28, 2016

The recent global distributed denial-of-service cyberattack on hundreds of thousands of smart devices shined a big, booming light on the vulnerability that exists around IoT and security concerns. And in its aftermath, companies are feeling an increased urgency to bolster their security platforms. News highlights from the IoT world.

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Fraud Security Retail Samsung 100

PYMNTS

MARCH 14, 2017

In addition, enhanced solutions — including new security features, wireless communication technology, the need for paperless receipts and prevention of fraudulent transactions — will continue to make the terminals a popular choice for merchants and their customer base.

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Retail Mobile Marketing Samsung 164

PYMNTS

JULY 14, 2016

Payments security is usually not a wellspring for belly laughs. In June, the company said that it is launching the next phase of its Security Pays initiative , which traces its genesis to August of last year and, at present, includes more than 1,000 of Vantiv’s partners around the United States.

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Security Payments United States Samsung 100

PYMNTS

FEBRUARY 1, 2017

At the same time, the risk of fraud has never been higher and is still increasing — and the true costs of card-not-present fraud hit both the top and bottom lines of retailers simultaneously, while doing damage to reputations as well. When it comes to fighting fraud, there is a two-tiered model that is emerging.

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Fraud Retail Cards Samsung 100

PYMNTS

JANUARY 23, 2019

In a press release issued Tuesday, Swift Prepaid said it will integrate its prepaid services to enable Bitty small business customers immediate access to virtual funds after they secure a merchant cash advance. The funds can then be uploaded to a mobile wallet, including Apple Pay, Samsung Pay and Google Pay.

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Samsung New York Branding Apple 162

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. ML: As executive vice president and CIO, I am responsible for the technology and security solutions we provide and how they are positioned in the marketplace.

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Innovation Security Payments Mobile 108

PYMNTS

OCTOBER 18, 2019

Samsung SDS will reportedly launch a blockchain-based medical claims processing system this month. Securities and Exchange Commission’s (SEC’s) request for a preliminary injunction, and requesting an order to maintain the offer, sale or distribution of Grams — its native crypto.

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blockchain Samsung Bitcoin Innovation 101

PYMNTS

DECEMBER 17, 2018

He then used his real-life head to set up facial recognition on five phones, including the iPhone X and four Android devices: an LG G7 ThinQ, a Samsung S9, a Samsung Note 8 and a OnePlus 6. “I To show how the method can work, Forbes reporter Thomas Brewster had a 3D print of his own head created at Backface in Birmingham, U.K.

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Samsung Resources Groups Report 192

PYMNTS

SEPTEMBER 27, 2017

According to Hari Gopalkrishnan, managing director of consumer facing platforms and technology for Bank of America, that’s especially true when it comes to digital identity security and protection technology for banks and other financial institutions. Bank of America’s research is not limited to working with Samsung, though.

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America Samsung Security Apple 133

Abrigo

DECEMBER 3, 2021

Two-factor authentication (2FA) is a commonly used tool to add an extra layer of security and prevent unauthorized login of online accounts. Underground” Telegram Channel offering OTP bot subscriptions for worldwide banking fraud . The calls rely on fear, convincing victims to act to “avoid” fraud in their accounts. Learn More.

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Fraud Trends Online Examples 195

Accenture

FEBRUARY 28, 2017

The payments landscape is changing fast due to new disruptive technologies such as open APIs, distributed ledger technology, cloud, Apple/Samsung/…Pay, and customers’ expectations are changing for seamless and faster payments. Use of Apple Pay, Samsung Pay etc. Real-time Payments Interbank Infrastructure.

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Payments Bitcoin Samsung Fraud 150

Accenture

FEBRUARY 28, 2017

The payments landscape is changing fast due to new disruptive technologies such as open APIs, distributed ledger technology, cloud, Apple/Samsung/…Pay, and customers’ expectations are changing for seamless and faster payments. Use of Apple Pay, Samsung Pay etc. Real-time Payments Interbank Infrastructure.

Payments 150

Payments Bitcoin Samsung Fraud 150

PYMNTS

MARCH 21, 2017

announced Monday (March 20) travel card clients can soon pay via Apple Pay , Android Pay and Samsung Pay. said the addition of the new payment methods enables commercial cardholders to easily and securely pay with compatible device, making U.S. Bank to help enable the security and convenience of mobile payments to U.S.

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Mobile Cards Payments Samsung 121

PYMNTS

DECEMBER 12, 2018

Banks and credit unions are still wrestling with the best ways to deploy mobile technology, and do so in ways that balance security, and safe authentication, and consumer convenience. As PYMNTS reported earlier in December, Verizon and Samsung plan launch U.S. For many businesses and customers, 5G is the missing link.”. 5G Deployments.

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Fintech Mobile Analysis Technology 211

PYMNTS

MAY 9, 2017

Android Pay and Samsung Pay helped drive adoption further with their own biometrics capabilities, noted the report. What’s more, 90 percent said they think they would use biometrics for online payments in the future because they see it as a more secure method.

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Mobile Payments New York City Samsung 137

PYMNTS

FEBRUARY 24, 2016

Among the most visible examples to date are deployments where FIDO is used to authenticate payments across PayPal, Samsung Pay, and carriers such as NTT DOCOMO. Beyond the payments functionality, FIDO targets interoperability across digital transactions that span channels and also different types of mobile devices.

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Security Samsung Online Apple 100

PYMNTS

APRIL 7, 2017

Hacking, Hacking Everywhere : The venerable Samsung brand may be under attack. Research shows that there are security flaws inherent in coding across several devices that can turn mobile phones, smart watches and TVs into zombie machines that can be compromised by hackers. Visa has been very busy lately.

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Samsung San Francisco Mobile Alaska 100

PYMNTS

SEPTEMBER 14, 2018

In total, more than $193 million made its way to the B2B space — more than 80 percent of it secured by cloud firms. The funding — led by Third Point Ventures with participation from Battery Ventures, JA Mitsui Leasing and Samsung NEXT, as well as existing backers SoftBank Corp. Wasabi Technologies .

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Capital Samsung Fraud Technology 115

PYMNTS

MARCH 15, 2017

In a press release , E la Carte said the new terminal has the highest levels of security available built in along with future-proof capability and ease of use. Brick-and-mortar payments and security requirements have changed dramatically in the last five years. It also acts as a QR code reader and camera.

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Apple Payments United States Samsung 108

PYMNTS

APRIL 12, 2018

These trends are making the on-the-road payment experience increasingly easier and more secure,” the executive added. Bank to make life a little easier and more secure for business travelers.”. According to Rankin, analysts estimate an 80 percent increase in the volume of mobile payments between 2015 and 2020. According to U.S.

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Mobile Cards US Apple 116

PYMNTS

JANUARY 11, 2020

Samsung recently inked a deal with Finablr , Travelex’s parent company, on a cross-border payment wallet, but said it had “decided to disable the international payment service at this time.” Samsung said there was no evidence of Samsung Pay users being affected. Other companies on Travelex’s periphery were also affected.

Samsung 130

Samsung System Company Cards 130

PYMNTS

JANUARY 11, 2020

Samsung recently inked a deal with Finablr , Travelex’s parent company, on a cross-border payment wallet, but said it had “decided to disable the international payment service at this time.” Samsung said there was no evidence of Samsung Pay users being affected. Other companies on Travelex’s periphery were also affected.

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Samsung System Company Cards 130

PYMNTS

SEPTEMBER 4, 2018

Also, Samsung has a new plan to capture millennial consumer loyalty, there is new clarity at the Bank of England and a new scam hits home buyers. Mobile Users To Rely On Biometrics Security By 2023. Samsung Eyes Millennials With Smartphone Revamp. Welcome to Five at Five, your late look at today’s commerce and payments news.

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Online Samsung Millennials Mobile 100

PYMNTS

DECEMBER 4, 2018

With Apple Pay, the company noted that a one-time unique dynamic security code authorizes each transaction, and that credit or debit card numbers aren’t stored on devices or on Apple’s servers. The company noted that the service keeps payment details secure by using a virtual account number.

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Google Apple Payments Samsung 148