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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