When Alibaba releases its quarterly earnings today (May 5) just before its call with analysts at 7:30 a.m. EST, there’s going to be one sure topic that Alibaba will likely rattle off some new, impressive figures about. Mobile — and how it’s driving Alibaba’s eCommerce business...
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. What this entails is using Samsung SDS FIDO Authentication to enable banking and mobile payments customers to...
Igniting mobile payments starts and ends with two distinct groups: merchants and consumers. After all, without merchants willing to embrace the concept, consumers won’t use them. When it comes to enabling mobile payments solutions, there are plenty of solutions on the market. The trick, of...
Samsung Pay has perhaps come one step closer to freeing the world from the shackles of plastic. The mobile payments platform is now open for business at ATMs — if the customer in question happens to be in South Korea. And happens to be a...
It was a good day to be PayPal yesterday (April 27), as the firm announced that total payment volume is up 29 percent from a year ago to $81 billion — outdrawing analyst expectations of $79 billion for Q1. Revenue was up 19 percent to...
Samsung Pay has been in the U.S. market for exactly 212 days. But, according to the leaders of at least one of those mobile payments services, they still believe that it’s still the first inning. What could speed the game up a bit, according to Samsung...
Apple’s earnings calls tend to give analysts bits and pieces of its products’ progress but never really the whole meal. That’s what happened yesterday (April 26) during Apple’s second quarter earnings call. Apple CEO Tim Cook threw out new Apple Pay user stats — but...
Smartphone maker Xiaomi is getting deeper into the mobile payments game with a well-known partner in China. The company announced a partnership with China UnionPay, China’s state-sponsored domestic bank card organization, in order to bring it its own mobile payment service. No time frame has...
PayPal has had a pretty busy 2016. And while the first four months of the year in general have been active — particularly as PayPal has worked to distinguish itself as a standalone entity after spending over a decade as the payments arm of eBay — the last...