Talking With: Samsung's Haley Kim about Samsung Pay, merchant collaborations, market competition
Payments Dive
NOVEMBER 8, 2016
Mobile Payments Today recently spoke with Samsung about everything Samsung Pay.
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Bank Innovation
AUGUST 16, 2017
Mobile and electronics company, Samsung and Bank of America will start working with a focus group over the next six months, as they pilot the iris authentication scan that will allow customers to log into their bank accounts on their mobiles by taking a picture of their eye. The focus group consists of 1, 5000 […].
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Bank Innovation
MAY 18, 2016
MasterCard several days ago quietly released its iOS app to support a partnership with Samsung it announced last January. The new Groceries by MasterCard app connects to Samsung’s Family Hub Refrigerator for “standing Read More.
PYMNTS
NOVEMBER 15, 2020
Mobile-first fiscal management solution Fiskl has joined up with Samsung Appstack to help keep small- to medium-sized businesses (SMBs) competitive through collaborations and project management, according to a press release. Joining up with bigger-name apps can be a boon for startups.
PYMNTS
AUGUST 20, 2020
The New Samsung Pay Card . One of the most recent developments was this week’s announcement of the Samsung Pay Card powered by Curved and Mastercard technology. One of the most recent developments was this week’s announcement of the Samsung Pay Card powered by Curved and Mastercard technology.
PYMNTS
JUNE 24, 2020
Samsung Electronics Co. plans to offer a Samsung Pay Card that will give customers “a simple and flexible way to control their money,” the company said in a Wednesday (June 24) press release. For the launch, Samsung is linking up with Mastercard and FinTech Curve. later this year. “We and Ireland.
PYMNTS
MAY 8, 2020
Samsung Pay is launching a physical debit card and this summer will introduce a money management tool in partnership with SoFi. Ahn added that over the summer months, Samsung Pay will introduce a tool to help people better manage their financial lives. By early 2019, Samsung Pay’s international presence grew to six global regions.
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.
PYMNTS
JANUARY 7, 2019
Samsung has announced that it will offer iTunes Movies and TV Shows and Apple AirPlay 2 support on all 2019 Samsung Smart TV models beginning this spring, while support on 2018 Samsung Smart TVs will launch through a firmware update. In addition to smartphones, Bixby will be in refrigerators, air conditioners — and televisions.
PYMNTS
SEPTEMBER 5, 2019
Samsung ’s latest Galaxy Note 10 aims to boost blockchain adoption by making it more user-friendly, The Wall Street Journal reported Thursday (Sept. Samsung is also rolling out the Galaxy Fold in South Korea. Samsung is partnering with the creator of the Klaytn platform, Ground X Corp. Samsung also invested $2.9
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?
PYMNTS
DECEMBER 29, 2019
Samsung disclosed that it will introduce an “artificial human” called Neon at CES 2020 on Jan. The limited information about Neon was shared on Samsung’s Twitter account, and includes an “Artificial Human” teaser in several languages with the tagline “Have you met an ‘artificial’?”. The Bixby marketplace will be available in the U.S.
PYMNTS
JULY 14, 2019
Samsung has reached an agreement with an online marketplace for financial products in India that will allow consumers to apply for credit cards and loans through the Samsung Pay app. Paisabazaar will not be integrated with Samsung Pay outside of India.
PYMNTS
JUNE 19, 2020
Samsung Electronics ‘ new Galaxy A71 5G smartphone hit U.S. Without a trade-in, the phone is priced at $599 at AT&T (for pre-order), T-Mobile, Sprint and Samsung’s retail website. Verizon will offer the phone later this summer, according to a Samsung news release.
Bank Innovation
OCTOBER 25, 2017
EXCLUSIVE – Wirecard launched its mobile wallet integration with Apple Pay, Android Pay and Samsung Pay at Money 20/20 in Las Vegas. This comes as the digital payments-focused company prepares to go live with its own platform in the U.S. market next year.
PYMNTS
NOVEMBER 1, 2018
can now accept Samsung Pay for in-app payments. In a press release , Braintree said support for Samsung Pay was driven by focusing on what will drive the future of commerce and help merchants. could use PayPal within Samsung Pay at millions of retailers. By allowing U.S. billion transactions globally.
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.
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
PYMNTS
APRIL 25, 2019
A report has revealed that Samsung is planning to develop its own proprietary blockchain network, as well as launch its own cryptocurrency token. The source also revealed that the company is planning to launch its own “Samsung Coin” in the future. The news comes as Samsung just invested 2.6 million euro (around $2.9
Payments Dive
NOVEMBER 6, 2018
As part of its retail transformation initiative, HSBC has partnered with Samsung on exploring the use of smartwatches in bank branches.
PYMNTS
MARCH 12, 2020
Mastercard is partnering with Samsung to bring digital technology to emerging markets and accelerate connectivity and smart devices, Mastercard said on Thursday (March 12). Mastercard Labs created the platform, which will be rolled out to the Samsung Knox team in the Middle East and Africa early this year.
PYMNTS
JULY 29, 2020
Samsung Electronics Co. It is the latest effort by Google to convince Samsung to lose one of its services and instead promote Google’s search, Assistant and Play Store apps, a source told the news service. Samsung has maintained its independence and consistently made efforts to promote its own apps and collect all the cash.
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.
Bank Innovation
OCTOBER 4, 2019
In an effort to grow adoption, Samsung Pay is rolling out international money transfers to accounts in 47 countries, the company said this week. Called Samsung Pay Cash, the capability lets customers send money via direct deposit or arrangements to pick up funds in person.
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. the new flagship phone, the Galaxy S8, will hit U.S. shores today.
PYMNTS
FEBRUARY 21, 2020
Vietnam’s supply chain is suffering from the impact of the coronavirus epidemic, which could stall production of the latest Samsung smartphones, the Ministry of Industry and Trade told Reuters on Friday (Feb. Samsung said it was “making our best effort to minimize impact on our operations.”. months, we will run out of inventory.
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.
PYMNTS
NOVEMBER 20, 2020
Wearable device sales have shot up at least 30 percent this year as consumers looked to technology to help them monitor their health during the ongoing global pandemic, according to a top Samsung executive. Samsung will continue to invest in these advanced technologies.”. Samsung will face strong competition from Apple.
PYMNTS
JULY 15, 2019
Samsung Electronics; banks KEB Hana Bank and Woori Bank ; telecom companies SK Telecom , LG Uplus and KT ; and Koscom , an IT service subsidiary from the Korea Exchange, are all part of the group. Samsung is using it with its crypto wallet for the Galaxy S10. Blockchain technology is already being used in the country for other things.
PYMNTS
FEBRUARY 27, 2019
In other news, Samsung presented its first blockchain partners for its upcoming Galaxy S10 smartphone during this week’s Samsung Mobile Business Summit session at MWC Barcelona 2019. Since last year, the blockchain team of Samsung Electronics Wireless Division has been searching for dapps that have been commercialized.
PYMNTS
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. In the three months that ended March, Samsung’s profits fell about 60 percent on-year to 6.2 can now accept Samsung Pay for in-app payments. and Korea.”.
PYMNTS
JANUARY 20, 2020
Samsung is reorganizing its executive suite following a drop in earnings and the retrial of former leader and Samsung heir Lee Jae-yong, known professionally as Jay Y. Samsung makes more computer chips, displays and phones than any other company worldwide, but has seen its earnings drop for the past five quarters.
PYMNTS
MAY 27, 2020
To help users manage everyday finances, Samsung Electronics America, Inc. has announced a new mobile-focused money management experience called Samsung Money by SoFi. Users can decide to open an individual or joint cash management account with Samsung Money by SoFi.
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.
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.
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.
PYMNTS
JANUARY 30, 2020
A day after rivals in Cupertino posted revenue and earnings results at an all-time high, the team at Samsung had something less of a victory march when it reported its fourth quarter earnings. The good news for 2019 was that it was better than 2018, when Samsung saw its operating profit take a 52 percent hit. trillion won ($50.6
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.
PYMNTS
DECEMBER 9, 2019
A South Korean court slapped three Samsung Electronics executives with jail sentences Monday (Dec. Prosecutors said computers and servers from Samsung Biologics , a contract drug manufacturer, were buried beneath factory floors to conceal evidence. A Samsung Electronics vice president was sentenced to two years behind bars. “The
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.
Bank Innovation
MAY 1, 2017
It’s no secret that mobile wallets, although well-intended, haven’t gained much traction among consumers. In fact, a recent Accenture study suggests that 56% of North American consumers are aware of mobile payment services, but only 19% use their mobile wallet regularly.
PYMNTS
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.
PYMNTS
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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