PYMNTS

JULY 10, 2019

Samsung Venture Investment Corporation (SVIC) announced on Wednesday (July 10) an $8.5 million investment in four technology startups based in India, with plans to invest in over 100 additional startups over the next three to five years in the country.

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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.

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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. And they will be able to have repairs on a walk-in basis for mobile technology as well as customer support — service offerings similar to those at the brick-and-mortar locations of Apple.

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Bank Innovation

NOVEMBER 29, 2017

South Korean technology company Samsung has filed a patent for a new feature of its mobile payment service, Samsung Pay, that could allow users to share their transaction history with other users.

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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. But how can I deliver meaningful innovation to our millennials?

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PYMNTS

OCTOBER 30, 2019

At its developer conference, Samsung provided a sneak peek at a concept for a new foldable smartphone that has a vertical fold, similar to that of an old flip phone, instead of a horizontal fold like its recently released Galaxy Fold device. According to the outlet, it is not clear if Samsung intends to commercially roll out the device.

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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

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 8, 2018

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. The electronics company also rolled out technology for its foldable phones called flexible mobile screen technology, Reuters reported.

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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. This latest move by Samsung shows the race for innovation between the two rivals. Discussions on free trade and the $1.7

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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. The Seoul-based electronics company announced the deal today. Alipay’s 450 Read More.

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PYMNTS

JUNE 24, 2019

Samsung has introduced three new smart home items that are low-cost entrants into the space, according to a report. The telecommunications and technology company, which acquired SmartThings in 2014, has released a SmartThings Cam and WiFi Smart Plug, which don’t require a separate smart home hub.

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PYMNTS

MAY 9, 2017

Samsung is doubling down on home appliance innovations. Samsung Electronics America (SEA) recently announced the availability of its new laundry pair, FlexWash and FlexDry, that allow owners to wash or dry in multiple ways at once. The laundry pair is IoT-enabled, Samsung said.

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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

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

JANUARY 17, 2017

At the National Retail Federation’s (NRF) Big Show 2017, Samsung Electronics has unveiled its latest physical retail innovations: IoT-enabled digital solutions for traditional brick-and-mortar stores that enable an actively engaging, personalized mobile-first customer shopping experience.

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Samsung Retail Innovation Mobile 100

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 billion hit to its operating profit over the next two quarters.

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Bank Innovation

MARCH 18, 2016

Ally Bank will add Android Pay and Samsung Pay functionality “later this year,” Bank Innovation has learned. These additions would join Ally’s Apple Pay service, which the bank introduced this week.

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Samsung Apple Mobile Innovation 150

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

APRIL 20, 2016

Samsung took a major step toward boosting support for its mobile payments platform with a string of new partnerships with leading POS makers to improve compatibility and acceptance of its technology. Unlike its competitors, Samsung Pay employs both NFC and MST. This has enabled Samsung to capture wider merchant acceptance.

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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

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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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.

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PYMNTS

NOVEMBER 23, 2017

Samsung Electronics is gearing up to create an artificial intelligence (AI) research center, designating an executive role to search for new business, according to news from Reuters. Citing a statement by Samsung Electronics, the move would enable the South Korean consumer electronics giant to respond quickly to changes in the market.

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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. Customers are becoming far more accustomed to accessing and spending their money via mobile.

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PYMNTS

APRIL 25, 2019

Samsung has invested 2.6 The Samsung investment puts Ledger’s valuation at 260 million euros ($290 million). The news comes after it was reported that Samsung is working on its own blockchain-based network, as well as a cryptocurrency token called Samsung Coin. million euro (around $2.9

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PYMNTS

DECEMBER 6, 2016

Today marks a new turn in the seemingly unending patent war between Apple and Samsung. The Supreme Court sided with Samsung , ruling 8-0 to overturn an appeals court ruling from 2015. Samsung argued that it shouldn’t have had to turn over the whole of its smartphone profits on phones that infringed iPhone design patents.

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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.

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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

APRIL 21, 2017

For Samsung, the big day is here in the U.S. — Samsung has said the reddish appearance of the screen isn’t a defect, and that users can fix the issue by adjusting the color settings on their device to be less red in hue. based DisplayMate Technologies Corp, has extensively tested display panels on the Galaxy S8. shores today.

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PYMNTS

FEBRUARY 21, 2019

In other news, Telefónica plans to experiment with a system based on blockchain technology, enabling individuals to benefit from their personal information, CoinDesk reported. 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

SEPTEMBER 21, 2016

Samsung Pay is getting even more tech-savvy with a new feature that lets you make a payment with your eyes. According to a report , with the feature, which is part of Samsung Pay version 2.3, Over the weekend, Samsung said in a statement it had divested itself of stakes in four technology companies to help pay for the recall.

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PYMNTS

JANUARY 13, 2020

Samsung Electronics is acquiring network services provider TeleWorld Solutions (TWS) to build out the next generation of wireless, TechCrunch reported Monday (Jan. Samsung will continue to drive innovation in communications technology while providing optimization services for network deployments that accelerate 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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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. It can also keep track of a variety of Internet of Things (IoT) devices. .

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PYMNTS

SEPTEMBER 25, 2019

But as time passes and a new decade approaches – one that promises even higher levels of digital innovation and disruption – it’s becoming ever more clear that 5G mobile network technology will help power the so-called Industrial Revolution 4.0. Smart Factory Plans. Images and Robots. also doing the same.

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PYMNTS

OCTOBER 18, 2019

Samsung SDS will reportedly launch a blockchain-based medical claims processing system this month. Technology is the future. If you look at five of the six largest companies in the world today, they are technology companies,” said Premier David Burt. “We In other news, Bermuda will now accept one-to-one U.S.

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