Published on July 19th, 2015 | by bitcoin0
FinTech Digest: Samsung Pay Launches Trial Service, BLender Raises $5M, Bitcoin Transactions Up Over 500% in Latin America
Korea Gets a First Look at Samsung PayOn July 16, Samsung announced the launch of a trial service of its mobile payment solution Samsung Pay for select customers in Korea.
PYMNTS reports:“According to Samsung, the technology available in Samsung Pay works with both near field communication (NFC) as well as traditional magnetic stripe card readers.
The P2P lending startup currently operates within Israel, but has plans expand into Western Europe and Latin America in the coming months.
This is likewise indicated by the spike of transactions in Latin American countries.
The firm furthermore suspects that Bitcoin Investment Trust’s NASDAQ-traded bitcoin derivative GBTC will keep pace.