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Samsung partners for Samsung Pay launch in Europe
Oberthur Technologies (OT) has announced its partnership with Samsung for the deployment of Samsung Pay in Europe later this year. The Samsung Pay service will allow Samsung Galaxy S6 and S6 Edge owners to use their smartphone for contactless payments. The S6 and S6 Edge are all equipped with OT’s NFC embedded Secure Element (eSE), PEARL. Contracting [...]
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Samsung Wallet discontinued as LoopPay transaction revealed
Samsung Wallet will no longer be available for users beginning on June 30, 2015, according to an email sent to users as the handset giant preps Samsung Pay. Back in February 2015, Samsung acquired mobile payments company LoopPay, and unveiled that Samsung Pay will be integrated into the Galaxy S6, so this move is not [...]
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The fall and rise of Tokenization
Apple Pay has breathed new life into tokenization and the use of tokenization has seen a revival due to new technology approaches that remove associated operational risks and complexities and enable increased scale and high performance transaction processing, especially in financial services and banking. PCM investigates how this technology made a comeback and is taking [...]
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Mobile payments in the US 2015
Apple, Starbucks and Disney are all strong brands with loyal followings, but they also have something else in common: They’re early leaders in the ever-evolving mobile payments market. Some analysts predict 2015 will be the first year all the pieces — including a larger base of NFC-enabled devices and terminals, and growing consumer acceptance — [...]
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Royal Bank of Canada launches Mobile Wallet
Royal Bank of Canada, which over a year ago built its own mobile wallet technology (with partners) that it’s adapted to work with Apple Pay, Android alternatives and the card networks’ host card emulation. It has a patent pending on its RBC Secure Cloud technology. The bank’s goal is to secure a prominent place in [...]
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