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Samsung reassures Samsung Pay was not impacted after LoopPay hack. (Photo by David Ramos / Getty Images)

Oct 29, 2015 PM EDT - Diana Tomale

Samsung Says Mobile Payment System Samsung Pay 'Was Not Impacted' After LoopPay Hack

LoopPay executives revealed that alleged Chinese hackers seemed to be aiming for the Magentic Secure Transmission, which is considered the backbone of Samsung Pay.

LG (Photo by David Becker/Getty Images)

Oct 27, 2015 PM EDT - Czarelli Tuason

South Korea’s Tech Giant LG Electronics To Launch Its Own Mobile Payment Service ‘G Pay’

LG Electronics, one of South Korea's tech giants, is set to launch their mobile payment service called G Pay, to keep up with other tech companies' existing mobile payment platforms.

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