Search Results for: smartphone
Mobile payments via fingerprint, iris scan, and selfie will hit $2B this year
May 11th, 2017
Fingerprint and selfie pay are on the rise: The number of mobile payments authenticated by biometrics will rise to nearly $2 billion this year, up from $600 million in 2016, according to a report from Juniper Research, released Monday. ...
Mobile payments on the rise across GCC, officials say
May 5th, 2017
Online payments, including mobile payments and e-commerce, are set to become a crucial part of the digitisation wave currently sweeping across the GCC, according to a number of industry executives in attendance at the event. “Major trends include subscription ...
Optical technology maker Nikon initiates patents’ global legal actions
April 26th, 2017
Nikon Initiates Global Legal Actions Against ASML and Carl Zeiss to Protect Patented Semiconductor Lithography Technology Nikon Corporation (“Nikon”) today initiated a series of legal actions in the Netherlands, Germany and Japan intended to halt infringement of its intellectual ...
Samsung’s facial recognition not ready for mobile payments
April 25th, 2017
Samsung Electronics’ facial recognition technology requires more than four years to be solely used for mobile payment, a source from Samsung and industry watchers predicted on Monday. Facial recognition is considered the next-generation biometric technology as it is more ...
UN report: Social network payments now reach nearly US $3 trillion in China
April 24th, 2017
Payments on messaging and e-commerce platforms set to increase China’s GDP by $236 billion by 2025, unlocking new economic opportunities for people and small businesses A new UN study reveals that Alipay and WeChat Pay enabled US$2.9 trillion in ...
JPMorgan accused of fraud over tech company sale
April 19th, 2017
JPMorgan steered a technology company client to sell itself to BlackBerry at a knockdown price because it wanted to win lucrative future investment banking business from the smartphone pioneer, according to an investor lawsuit. The lawsuit filed on behalf ...
Bitcoin Price Can Reach $500,000 by 2030, Says Snapchat’s First Investor
April 11th, 2017
Bitcoin has been leading the list of cryptocurrencies in six of the past seven years, climbing from zero to a value of about $1,180. However, the potential of Bitcoin is much higher. Jeremy Liew, the first investor in Snapchat, ...
China court orders Samsung to pay $11.6 million to Huawei over patent case: local media
April 6th, 2017
A Chinese court has ordered Samsung Electronics‘s mainland subsidiaries to pay 80 million yuan ($11.60 million) to Huawei Technologies for patent infringement, the China firm’s first victory against Samsung on its legal challenges over intellectual property. Three units ...
Bitcoin Could Soon Be Accepted at 260,000 Stores in Japan
April 5th, 2017
Japan’s legal classification of bitcoin as a payment method is set to trigger a bitcoin boom in adoption as retailers make haste to accept the world’s most popular cryptocurrency. Late last year, Japanese officials took the formal decision to ...
Emirates NBD partners with Samsung to provide early access to Samsung Pay for select customers
April 4th, 2017
Emirates NBD, a leading bank in the region, today announced its partnership with Samsung to provide early access to Samsung Pay, for the bank’s customers. Samsung Pay is a secure, fast and convenient mobile payment service that can be ...
