This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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.
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
Touting 5G data speeds that are already 25 times faster than current 4G technology (and will eventually be 100 times faster), the two companies said the security, reliability and ultra-low lag times will bring increased efficiency and reduced costs. Samsung’s View.
Mswipe Technologies , India’s largest independent POS merchant acquirer and network provider, announced Tuesday (May 9) it has enabled Samsung Pay at all its terminals across the country. By enabling Samsung Pay, we are offering lacs of users an option to make swift, secure and contactless digital payments at our terminals.”
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.
Samsung has taken note. With its Family Hub smart refrigerator debut, this new Samsung Internet of Things (IoT) offering is looking to enhance the in-kitchen experience. Samsung’s senior vice president and general manager of home appliances, John Herrington, commented on this new offering and what it means for consumers.
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. Blockchain technology is already being used in the country for other things. Samsung is using it with its crypto wallet for the Galaxy S10.
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.
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.
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.
In other news, Samsung is planning to launch its blockchain technology onto its budget smartphone. “We The revelation comes after reports last month that Samsung was planning to develop its own proprietary blockchain network , as well as launch its own cryptocurrency token. And SFOX is partnering with New York-based M.Y.
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.
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.
A Samsung Galaxy S10 user was able to show how he could trick the in-display fingerprint sensor using a 3D printer. Although the report may raise security concerns, the use of fingerprint scanning technology to validate users is expected to explode this year.
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.
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.
Samsung is out on Tuesday (Aug. 9) denying that Samsung Pay can be hacked after a security researcher demonstrated how it can be done at a recent Black Hat conference. It is important to note that Samsung Pay does not use the algorithm claimed in the Black Hat presentation to encrypt payment credentials or generate cryptograms.
Bank of America is reportedly launching a pilot of Samsung Electronics technology that will enable customers to access the mobile banking app via a photo of their eye. American Banker reported around 1,500 Bank of America and Samsung employees will try out the iris scan pilot for around six weeks.
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.
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.
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.
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.
Samsung Pay has been in the U.S. What could speed the game up a bit, according to Samsung Pay’s GM, is giving consumers and merchants what they care about most: loyalty, offers and a secure digital identity. That’s why, for Samsung Pay , the next 365 days really matter. “As Samsung Pay’s Evolution.
While expectations are that it will have a curved screen, a significantly larger display and a slimmed-down look, a new report from Bloomberg revealed the Galaxy S8 will also have built in facial recognition technology to enable payments via the mobile phone. securing the phones from hackers is growing in importance.
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.
Samsung Electronic launched its contactless mobile payment service Samsung Pay in the U.K. can make digital payments via Samsung’s Galaxy S line of smartphones to purchases goods and transportation by tapping their mobile phones on contactless payment terminals. According to media reports , consumers in the U.K. In the U.K.,
Particularly standing in the spotlight are JPMorgan Chase , Samsung and Apple — for very different reasons. Chase’s Security Reset. Samsung Virtual Human. Samsung disclosed that it will introduce a new “artificial human” to the world at CES 2020 in Las Vegas this week.
Samsung Pay achieved some big milestones recently, with its unique Magnetic Secure Transmission technology allowing it to make a wide-scale debut in India, as well as officially launching in Sweden and the United Arab Emirates. Poland, Indonesia, the Netherlands, Italy and Mexico. Singapore and Australia.
Samsung Pay has perhaps come one step closer to freeing the world from the shackles of plastic. This adds another functionality tool to Samsung’s already fairly impressive belt. Apart from expanding its functionality of late, Samsung Pay has also upped its geographical footprint with a rollout in China earlier this year.
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.
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.”.
Maxime de Nanclas, COO and co-founder of Mobeewave, said, “Securing strategic funding from organizations with a proven track record of supporting innovation, especially financial technologies, will enable Mobeewave to continue to grow, [and] develop new product offerings and business partnerships.
As retailers, payments providers and consumers prepare for the coming 5G world, there remain concerns about how well that mobile network technology will protect consumer privacy and security. Verizon and Samsung recently said they would launch U.S. 5G Security Holes?
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.
In news surprising to no one, The Galaxy Note both literally and figuratively torched Samsung’s earnings last quater. Samsung Electronics just logged its lowest quarterly profit in two years, all but erasing earnings from its mobile unit in the three months to October. Shares were up 0.6
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.
As bank-FinTech collaborations evolve, more traditional financial institutions (FIs) are not only implementing services and technologies developed by FinTech partners, but they’re also lending their own expertise to augment FinTech solutions. Bottomline Rolls Out Open Banking Service. ’s Faster Payments real-time payments system.
It’s been slow going when it comes to consumer adoption, but it seems digital identity companies are starting to bet big on mobile payment technology becoming more popular with consumers. Samsung Electronics Co., Samsung Electronics Co., For this month’s Digital Identity cover story, PYMNTS caught up with U.S. About The Tracker.
Samsung ’s next smartphone/tablet, the Galaxy Note 7, is expected to include an iris scanner, according to several reports on Sunday (July 17). The new Galaxy Note 7 will feature a new biometric security feature for an iris scanner, according to a product listing on Zauba, a website that track’s India’s importing and exporting trade.
FinTech with a focus on small businesses secures a restricted banking license. Plus, FactorForYou launches, Ordway enables multi-entity B2B billing and Fiskl partners with Samsung Appstack. Fiskl, Samsung Appstack Team On Finance Management For SMBs. Mastercard Adds A2A Capability For Track Business Payment Service.
FitPay is working to enable and secure contactless payments made on any connected device. Earlier this year, FitPay joined forces with securitytechnology company NXT-ID in an effort to build out a more comprehensive Internet of Things (IoT) platform. Security throughout the IoT arena is a topic that’s continually being refined.
Oberthur Technologies (OT) is partnering with payments service provider Nets to deliver support for mobile payments to Scandinavian banks. Nets and OT will combine their capabilities to offer an end-to-end mobile payment solution, which will include Host Card Emulation (HCE) and tokenization to secure payments.
In other news, Morningstar Credit Ratings is moving further into the blockchain space by building the largest bridge to date between the blockchain and the global debt securities industry, which had $117 trillion outstanding as of March 2019. And Samsung-backed Blocko is now in the UAE after it secured funding in Asia Pacific and Europe.
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.
We organize all of the trending information in your field so you don't have to. Join 23,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content