Bank Innovation

SEPTEMBER 15, 2017

Samsung says, no. Rather, financial professionals should focus on the mobile phone, which is why Samsung is taking a mobile-first approach to its solutions for finance. EXCLUSIVE—Do bank employees, Wall Street traders, or other financial professionals really need a desktop computer anymore?

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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

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

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

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. In the world of blockchain phones, another name may crowd the pantheon.

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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. But Samsung added that the technology could also be used to fuse together both voice and facial recognition technology simultaneously for a one-step authentication approach.

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PYMNTS

OCTOBER 11, 2018

Coverage includes Norway ’s Vipps selection of Inside Secure to provide security for contactless payments. 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.

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PYMNTS

MAY 3, 2016

Infosys Finacle, part of EdgeVerve Systems, and Samsung SDS, a subsidiary of Samsung Electronics, announced a new partnership aimed at providing consumers with a frictionless mobile banking/payment solution.

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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

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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PYMNTS

AUGUST 1, 2017

Samsung Electronics Co., has launched a new service, Samsung ARTIK Cloud Monetization for the Internet of Things (IoT), to monetize data shared by IoT devices and to enable an IoT data economy. Like the mobile phone industry, IoT will be driven by open systems, interoperability and support from innovative applications.”.

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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. 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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PYMNTS

FEBRUARY 21, 2019

Telefónica Chief Innovation Officer Gonzalo Martín-Villa said in an announcement , “Blockchain not only allows us to work with new business models related to personal data. Samsung announced on Wednesday (Feb. It gives us the opportunity to add a trust layer to operations, and design new disruptive services.”.

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PYMNTS

JANUARY 2, 2020

Samsung has introduced a new refrigerator that’s the latest addition to its Family Hub lineup, with artificial intelligence (AI) and features that can plan meals and connect with Samsung devices around the home, according to a report by VentureBeat. This feature lets people watch security cameras from the fridge.

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PYMNTS

OCTOBER 18, 2019

Samsung SDS will reportedly launch a blockchain-based medical claims processing system this month. We know that embracing new technology is necessary for the future growth of our economy, and so, in Bermuda, we are making sure that we are leading the world in facilitating innovation.

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blockchain Samsung Bitcoin Innovation 101

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

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. Samsung Goes Retinal. The next contender for securing the devices that are increasingly repositories of sensitive information?

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PYMNTS

APRIL 23, 2018

Logistics company Supplylogix has reportedly secured a patent pertaining to inventory management technology, reports in Citizen Tribune said Friday (April 20). The logistics space, too, is embracing innovative technologies like blockchain. A press release from Supplylogix said the company was awarded the patent by the U.S.

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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. Spanish bank BBVA will integrate a biometric authentication feature into its mobile app, allowing users to log into their app via iris scan.

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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

MARCH 18, 2016

” Innovation Project 2016 — where hundreds of leaders across the payments, commerce, tech and security ecosystems joined together under one roof with one mission: navigating the balance between the leading and the bleeding edge. Especially when your talking innovations in payments. So, how did Day 2 end up?

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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. Then, there was sudden exponential growth in innovation.

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PYMNTS

SEPTEMBER 19, 2018

Bank of America’s corporate cards are now compatible with such mobile wallets as Apple Pay , Google Pay and Samsung Pay. In the financial institution’s (FI’s) view, mobile wallets can enhance payment security by tokenizing account numbers, effectively using a physical commercial card to generate a virtual card for a particular purchase.

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PYMNTS

MARCH 30, 2017

Which means regardless of the ultimate fate of Samsung’s newest flagship phone — the Galaxy S8 — Samsung has already won a pretty major victory. The star of the show was the Galaxy 8 phone — and on the whole distinctly “Samsung” looking infinity edge, all curved side-design. inch screen. That was just the warm-up act.

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PYMNTS

SEPTEMBER 27, 2017

After all, if no one wants to use a new piece of tech, it doesn’t matter how groundbreaking an innovation it might be — it probably won’t be around for long. Most recently , the bank has partnered with electronics giant Samsung, which has experience creating biometric authentication for smartphones and other mobile devices.

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PYMNTS

NOVEMBER 17, 2017

Samsung and Samsung Electronics America announced news on Thursday (Nov. 16) that they inked a deal with Thomson Reuters to use its Samsung SDS Nexsign biometric solution in several of its mobile and web-based apps. We are particularly excited about the role biometric authentication will play to both of these ends.”.

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PYMNTS

JANUARY 17, 2020

Preventing fraud with seamless and secure onboarding solutions is key. The Deep Dive also highlights innovative fraud detection technologies that FinTechs and other businesses are employing — such as artificial intelligence (AI), machine learning (ML) and dynamic biometrics — to thwart criminals.

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PYMNTS

OCTOBER 1, 2020

23), it is offering foundational digital guidelines to help several partners – including payment processors FIS, CoreCard, i2c, TSYS (owned by Global Payments) and others – to access card data in a speedy, secure manner. The plastic cards, she noted, do not display the six-digit PAN, CVC2 or expiration dates (which boosts security, too).

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PYMNTS

JANUARY 2, 2019

While commercial card innovation certainly accelerated in 2018, progress can always continue. 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.

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PYMNTS

JUNE 4, 2018

Forget reinventing the payments wheel — it seems many innovators are looking to replace it. Saint-Claire said security could help contribute to wider adoption of biometric payment methods, which he believes are the future — but, “It takes some time for some people to feel comfortable,” he said. Tap to pay. Dip to pay. Smile to pay.

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PYMNTS

MARCH 4, 2019

As part of those efforts, these platforms can match buyers and sellers as well as securely handle payments while recommending services to enhance transactions — all in the same package. From Australia to the U.S., digital platforms are connecting people around the globe through travel offerings. million bookable online listings at the time.

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PYMNTS

NOVEMBER 21, 2017

Samsung Electronics, the South Korean consumer electronics giant, and BBVA, the Spanish bank, announced Monday (Nov. 20) a new iris scanning feature that will enable BBVA customers with Samsung-compatible smartphones to log on to the bank’s mobile app simply by looking at their smartphone’s display.

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Banking 2020

NOVEMBER 12, 2015

Google and Samsung are two of the big name mobile wallet providers to join MasterCard’s new programme designed to speed up tokenization. It makes it easier for wallets like Android Pay or Samsung Pay to request payment tokens via the MasterCard Digital Enablement Service. What is tokenization?

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PYMNTS

DECEMBER 18, 2019

To create and promote the adoption of a new royalty-free connectivity standard to make smart home products more compatible with security as a design tenet, Amazon, Google, Apple and the Zigbee Alliance unveiled a new working group. It is created around the idea that smart home devices should be seamless, reliable and secure.

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PYMNTS

JULY 27, 2016

Unless you are integrating payments every day, it is almost impossible to stay on top of all the regulations, security threats and new technologies occurring in the industry,” stated Matt Taylor, group president of integrated payments and emerging channels at Vantiv. “We Whatley said the company has Samsung Pay in the works.

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PYMNTS

OCTOBER 24, 2016

The company will integrate its digital checkout option, Masterpass , with Android Pay, Samsung Pay and Microsoft Wallet starting early next year. Mastercard is working to ensure that every one of our accounts is as digital as the people using them,” Garry Lyons, Chief Innovation Officer at Mastercard, said in a statement.

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Bank Innovation

SEPTEMBER 18, 2017

So how does a global payments company cope, and deal with diverse challenges such as paying with selfies, P2P payments, and blockchain, not to mention Apple Pay, Samsung Pay, Anrdroid Pay, and all the other Pays? The payments space is tumultuous and fast-moving, with new entrants appearing all the time.

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