CEO Brad Paterson Of Fintech Upstart Splitit On The Future Of E-commerce, Payments, Fintech, And BNPL (By Now, Pay Later)...
We had already known about the partnership between SoFi and Samsung, but today the companies have officially unveiled Samsung Money...
The discussion at American Banker’s annual Digital Banking Conference in Austin last week revolved around new technologies like AI and...
Samsung’s new Galaxy S9 is marketed as having a better camera and can take clear pictures in low light; the technology could solve one of the bigger facial recognition issues which is poor quality pictures in low lighting; thus far banks have been slow to adopt the new technology as they have yet to be comfortable wit the way it currently works; with Samsung and Apple continuing to improve their cameras and a younger generation of customers increasing, facial recognition will soon be an important piece for all banks. Source.
In Austin last week American Banker hosted their annual Digital Banking Conference where banks of all sizes gathered to discuss...
London-based fintech Curve has been selected by Samsung to power the Samsung Pay Card in the UK; the debit card,...
Apple, Google and now Samsung have all entered into the financial services space in a bid to provide a better...
Samsung Pay has added a cash back option where customers can earn 5 percent cash back when paying with the...
Samsung has already been working with bank branches for five years; the new retail pop-ups will be rolled out in “sooner than a year”; an example of the pop-ups is a shopping center which usually has ATMs where banks could setup for a weekend to attract new customers; Samsung provides the devices that help bank employees engage with their customers. Source
Samsung has created a cloud-based enterprise blockchain platform; details from its trademark registration also report that the system is permissioned and has been created to form a consortium of trusted participants; functions of the platform reportedly include smart contracts for financial services, a loyalty point program and authentication for financial services; Samsung has previously invested in blockchain-as-a service platform Blocko and is a member of the Hyperledger. Source