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JUNE 10, 2020

Credorax , the smart payments provider and FinTech, has announced a partnership with Samsung to develop blockchain technology to offer open banking services, according to a press release. The effect will be to eliminate the need for manual tasks for those functions.

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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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JULY 31, 2019

Smartphone shipments for Samsung increased in the second quarter of 2019, the company said in its latest earnings report , thanks to retail sales of its mid-level models. According to CNBC , “this is the second consecutive quarter where the South Korean tech giant’s operating profit more than halved from the same period a year earlier.

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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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FEBRUARY 10, 2020

In an Academy Awards TV advertisement that hinted at the features of the new device, Samsung unveiled its new foldable phone. In other news, a myriad of videos, screenshots and images of Samsung’s Galaxy Home Mini have made its way to the internet, according to The Verge. 12, which is one day after the rollout of the Galaxy S20.

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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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APRIL 17, 2018

Samsung is reportedly looking into blockchain technology to manage its supply chain, reports in Bloomberg said on Monday (April 16). Samsung SDS VP and Blockchain Chief Song Kwang-woo said that supply chain involves the transport of billions of dollars worth of goods every year.

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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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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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MAY 8, 2020

In today’s top news, Samsung Pay is launching a debit card and a money management tool, and Apple has introduced a new ecommerce portal. Samsung Pay Launches Debit Card, Money Management. Samsung Pay is launching a physical debit card, and this summer the company will introduce a money management tool in partnership with SoFi.

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OCTOBER 6, 2016

Such seems to be the motto over at Samsung with the news that it will be hiring the team that built Siri. Samsung has announced that it will acquire Viv Labs — founded by the creators of Apple’s Siri — for an as-yet-undisclosed sum of money. So, why is Samsung buying the tech and the team that built it?

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MAY 2, 2018

subsidiary has signed a deal to place four of its most popular apps on millions of Samsung devices across the United States. Through the new deal, Oath’s Newsroom app, Yahoo Sports, Yahoo Finance and Go90 mobile video apps will be pre-populated on all of Samsung’s Galaxy S9 and S9+ devices. Samsung and Oath will share ad revenue.

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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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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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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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DECEMBER 29, 2016

Apple has officially outperformed Samsung in holiday sales this year. Samsung saw 21 percent. While Samsung is slowly growing in popularity throughout the holiday season, up 1 percent from last year, Apple devices continue to be the gift to give. 21 percent | Rate of Samsung activation.

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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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AUGUST 10, 2018

Spotify chief executive Daniel Ek announced that the company is teaming up with Samsung to provide an end-to-end integration across all devices. The partnership we are announcing with Samsung today is a truly cross-platform listening experience,” Ek said, according to the Financial Times. percent at $186.31.

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AUGUST 21, 2017

Samsung, the South Korean consumer electronics company, could get a bit more redemption and closure this coming week when the company rolls out the Samsung Galaxy Note 8 and a South Korean court rules on the bribery claims against Lee Jae-yong, the heir to the consumer electronics empire. billion, up 72.7 percent from a year ago.

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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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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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MAY 19, 2016

Samsung has seen the benefits of loyalty, and it is making it a part of its mobile wallet. The electronics company announced yesterday (May 18) that Samsung Pay users in the U.S. The release adds that Samsung Pay’s new membership feature allows users to store other types of cards as well, including insurance and ID cards.

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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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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. The offline capability will be only with Samsung devices.

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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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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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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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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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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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AUGUST 1, 2018

Samsung Electronics reported weaker than expected results during the second quarter as slow sales of smartphones and display panels resulted in a revenue decline. Samsung said its IT and mobile business reported a slowdown both on a year-over basis and from the first quarter, due to weakness in the high-end Galaxy S9 mobile device.

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AUGUST 30, 2017

Samsung executives are advising staff members to keep their eyes on the work and avoid distractions, spurred by a recent court decision sentencing Vice Chairman Lee Jae-yong to five years behind bars in a government bribery case. billion investment to bolster its NAND memory chip facilities in China, the Wall Street Journal noted.

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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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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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OCTOBER 3, 2016

So, what’s shaking and baking… Samsung Pay The Latest Weapon In The Wearables War. 28) of last week, Samsung Pay fans will have the option to enroll in the Samsung Pay beta for Samsung’s Gear S2 smartwatch. The Popmoney app operated by Fiserv Inc. As of Wednesday (Sept. The beta is U.S.-based

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DECEMBER 14, 2016

13) the rollout of Android Pay and Samsung Pay to its personal banking clients. In a press release , Scottrade said that, with Android Pay and Samsung Pay, Scottrade Bank now offers multiple mobile payment solutions. Scottrade Bank, a division of Scottrade Financial Services, announced Tuesday (Dec. Scottrade and U.S.

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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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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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