Friday , March 29, 2024

Samsung Eliminates Samsung Pay from Some Phones and other Digital Transactions News briefs from 7/16/18

  • The New York Department of Financial Services has granted a virtual-currency license to cryptocurrency processor BitPay, allowing it to do business with companies and consumers in the state of New York.
  • In an apparent cost-cutting effort, Samsung Electronics Co. Ltd. is no longer including the Samsung Pay mobile-payments service in its lower-cost smart phones, Retail News Asia reported.
  • Card manufacturer SmartMetric Inc. said it soon plans to introduce a payment card with an embedded fingerprint scanner designed to fight online fraud.
  • Citigroup Inc. launched Citi Payment Insights, a service that lets institutional clients track payments in real time, as well as other features.
  • Payments provider TrustCommerce named Heather Mark director of compliance. Mark will unify the compliance and security efforts of TrustCommerce and its sister company Anovia Payments.

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