PYMNTS

OCTOBER 3, 2016

In a rare reversal for the DoJ and big victory for two-sided markets, the judge found American Express’ rules on customer steering represented no harm for customers and that merchants who didn’t want to take American Express were under no obligation to do so. As of Wednesday (Sept. There are a few limits in play. The beta is U.S.-based

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PYMNTS

MARCH 6, 2020

Samsung has activated two-factor authentication after a data leak showed strangers’ private information, according to reports. Samsung hasn’t officially said that the data leak is the reason for the security. Samsung hasn’t officially said that the data leak is the reason for the security.

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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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PYMNTS

AUGUST 19, 2016

Alibaba Group Holdings , China’s largest eCommerce company, is being put on notice in terms of its dominant position from a stock perspective, with Samsung Electronics catching up. As of the close of trading on Thursday, The Wall Street Journal reported Samsung shares were at $1,480. On Thursday (Aug. Reports point to Sept.

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Samsung Marketing Apple Capital 100

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.

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Samsung Mobile Retail Payments 115

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. starts at $1,980.”

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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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Samsung Security Mobile Payments 115

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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Samsung Mobile Customer Experience Innovation 100

PYMNTS

FEBRUARY 3, 2017

Samsung Electronics said Thursday (Feb. 2) it is launching a mobile web payments service for all smartphones that use the Android mobile operating system in South Korea. Samsung Electronics didn’t say if it will roll out the service in markets outside of South Korea.

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Samsung Apple Mobile Online 100

PYMNTS

JULY 5, 2019

and China impacts the global markets for smartphones and chips, Samsung Electronics Co Ltd. predicts a sharp drop in operating profit for the second quarter. Operating profit for April through June likely dropped 56 percent to $5.6 As the trade war between the U.S. billion or 6.5 Intensified U.S.-China

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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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Samsung Analysis Technology Innovation 100

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. 11) its largest mobile store in the world.

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Samsung Millennials Mobile Innovation 100

PYMNTS

JULY 7, 2017

Samsung Electronics recently announced that operating profits saw record highs in the second quarter, buoyed by surging prices for memory chips. Operating profits gained 72 percent to about 14 trillion won, or $12 billion USD, over last year’s numbers. That outpaced the 13 trillion won expected by analysts.

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Samsung Operations Technology Marketing 101

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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Samsung Mobile America Operations 101

PYMNTS

SEPTEMBER 22, 2016

Samsung’s recent travails with the exploding batteries in its Galaxy Note 7 smartphones caused speculation that disgruntled Android users might switch to iPhones, particularly with the media hype surrounding the launch of the iPhone 7. According to IDC, Apple has the second-largest share of the global smartphone market after Samsung.

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Samsung Apple Survey System 100

PYMNTS

DECEMBER 28, 2016

The numbers are in, and Apple officially outdid Samsung when it came to holiday sales this year. This means that for every Samsung device activated during the holiday season, Apple saw two. This year, 44 percent of new phone and tablet activations were Apple devices with Samsung seeing 21 percent.

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Samsung Apple Analytics Marketing 101

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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PYMNTS

NOVEMBER 1, 2017

Samsung Electronics posted record earnings Monday (Oct. Operating profit came in at 14.5 Of that latter tally, the components business was 10 trillion won, and chips were of course buoyant on high demand for mobile and other high-tech devices (and it should be noted that Samsung also supplies components to competitors, such as Apple).

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Samsung Mobile Apple Course 100

PYMNTS

FEBRUARY 1, 2018

It was a solid earnings report for Samsung in the fourth quarter of 2017, as earnings surged due to strong sales of the manufacturer’s memory chips, the company said in an announcement. But on the downside, Samsung faced challenges with its System LSI and Foundry businesses, as weak seasonality impacted the growth of those product lines.

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Samsung cryptocurrency Apple Security 100

PYMNTS

MAY 3, 2018

In the latest accounting scandal to hit a major global corporation, Samsung’s biotech unit, Samsung BioLogics, suffered a $6 billion market value loss on Wednesday (May 2) after South Korea’s financial regulator revealed evidence the company violated accounting rules, according to Reuters reports. billion profit signaled a 5.8

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Samsung Groups Conference Regulation 100

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. Samsung’s solutions include consumer data measurement.

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Samsung Retail Innovation Mobile 100

PYMNTS

APRIL 27, 2018

Samsung posted its best operating profit ever in its first-quarter 2018 earnings results, but the manufacturer also had other news: A slowdown is looming for its display panel unit, which makes organic light-emitting diode screens for its own smartphones and Apple’s iPhone X. trillion Korean won ($14.5 trillion Korean won ($56.7

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Samsung Operations Trends Mobile 101

PYMNTS

FEBRUARY 21, 2019

It gives us the opportunity to add a trust layer to operations, and design new disruptive services.”. Samsung announced on Wednesday (Feb. The smartphone, Galaxy S10, is set to hit the market in late April, and will be priced just under $900.

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PYMNTS

FEBRUARY 29, 2016

Reuters reported that, despite a string of losses in the courtroom and an order to pay Apple $120 million in damages for patent infringement, Samsung received a bit of good news on Friday (Feb. In its official statement , Samsung gave Apple the equivalent of a corporate tongue wag. 26): The U.S. Court of Appeals in Washington, D.C.,

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PYMNTS

AUGUST 25, 2017

Lee, the head of Samsung Group, in the wake of a bribery scandal and trial that also snared former president Park Geun-hye. The newswire noted that Lee had been charged with bribery in efforts to help Park gain control of Samsung, which has diverse operations ranging from drugs to computer chips.

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Samsung Groups Marketing Report 100

PYMNTS

AUGUST 10, 2017

This time last year, battery issues in the Samsung Galaxy Note 7 created a series of unfortunate problems that resulted in a ban on the devices by the FAA , an expensive recall and damage to Samsung’s share price in the aftermath. Overall, the saga of the Samsung Galaxy Note 7 had shaved $14.3 It’s just that Samsung grew more.

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Samsung Apple Marketing Trends 100

PYMNTS

NOVEMBER 13, 2020

The retail giant disclosed via Twitter that it plans to keep most Walmart and Neighborhood Market locations open from 7 a.m. Starting November 14, Walmart stores and Neighborhood Markets will be open 7 AM to 11 PM until further notice. Stores with more reduced hours will keep current hours of operation. local time. to 8:30 p.m.

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Samsung US Retail Operations 235

PYMNTS

OCTOBER 27, 2017

India has overtaken the United States to become the world’s second largest smartphone market. According to news from a report by Canalys , smartphone shipments in India grew 23 percent year over year in Q3 2017 to reach just over 40 million units, making the country the world’s second largest smartphone market after China.

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Marketing Samsung United States Apple 100

PYMNTS

OCTOBER 10, 2016

Things have managed to go from bad to worse to nearly incalculably awful for Samsung in the course of the last few days. It seems the replacement Galaxy Note 7 phones — the ones pushed to market to replace the 2.5 And it seems that no one will be getting a new Galaxy Note 7 until Samsung figures out exactly what is going on.

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Samsung Kentucky Mobile Report 100

PYMNTS

APRIL 14, 2017

Try being Samsung this past week, which had both a sizzle and a fizzle. SMBs: Small business operators remained optimistic into March as data from Capital One stated that half of smaller firms surveyed see optimism about the current business climate, which is better by 9 percent than a year ago. Or at least Bixby will when available.

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Samsung Mobile Data social media 100

PYMNTS

OCTOBER 10, 2016

The second week of October also saw JPMC betting big on the blockchain, Google getting into hardware in a big way and Samsung having yet another explosive week — but not the good kind. Speaking of going wrong… More Phones On Fire For Samsung. More bad news for Samsung. And that’s just the first course.

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Samsung Google blockchain Bitcoin 100

PYMNTS

OCTOBER 18, 2020

The iPhone is more important than any device, even though we have great devices already from Samsung and others,” Johan Wibergh , chief technology officer of Vodafone, which operates 5G networks in seven European countries, told the paper.

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PYMNTS

FEBRUARY 27, 2019

And the cooling passion for rapidly replacing phones is paired with a waning enthusiasm for the highest end phones on the market, according to research from Gartner. I think the data in the global market attests to that,” Grant said. Going Big on New Features: the Foldable Samsung. It seems smartphone makers don’t think so.

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PYMNTS

JULY 9, 2019

Reuters reported Monday (July 8) that a sudden escalation in a diplomatic disagreement between South Korea and Japan has rattled the South Korean chipmaker market. Industry executives told the publication that technology giants including Samsung Electronics Co. Samsung Vice Chairman Jay Y.

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Samsung Report Marketing Industry 134

PYMNTS

JANUARY 12, 2021

In the last year, Curve extended its offering in its 31 European markets to include Apple Pay, Samsung Pay and Google Pay. IDC started investing in Curve last year and thinks this year, the company can successfully scale, “reaching more people, with more products in more regions,” Aitkenhead said. The first office in the U.S.

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Fintech US Samsung Capital 220

PYMNTS

APRIL 5, 2019

That could be the emerging story when it comes to smartphones and cryptocurrencies, given Samsung’s recent entry in this area of digital payments. South Korea-based Samsung has indicated it wants to add more cryptocurrency support to that mobile device as well. Last November, the company launched its first product, the Finney handset.

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cryptocurrency Samsung Bitcoin blockchain 137

PYMNTS

DECEMBER 12, 2018

Financial institutions are in the midst of becoming more mobile, with many of those legacy operations opting to — or at least considering — working more closely with FinTech providers to upgrade services, retain customers and acquire new ones. As PYMNTS reported earlier in December, Verizon and Samsung plan launch U.S. 5G Deployments.

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Fintech Mobile Analysis Technology 211