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Samsung Galaxy Ring May Arrive In July With Eight Size Options

The wearable is currently in the prototype stage, with mass production slated to commence in the second quarter of 2024.

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samsung galaxy ring may arrive in july with eight size options

The Samsung Galaxy Ring made its debut at the January 2024 Galaxy Unpacked event. While specifics were withheld during the big reveal, recent industry reports indicate the Korean tech giant plans to unveil the eagerly anticipated wearable by late July.

Available in eight different sizes, the Galaxy Ring aims to ensure a comfortable fit for users. Currently, in the prototype stage, mass production is slated to commence in the second quarter of 2024.

Samsung is banking on the ring’s user-friendly design and durability to make waves in the healthcare wearables sector. Meanwhile, competition from Apple may be coming soon in the form of the Cupertino firm’s own smart ring for biometric health monitoring.

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Smart rings are receiving plenty of interest of late, offering versatile features for health and fitness monitoring in a small, discreet package. As the trend towards personal well-being grows, these devices provide a simple way to monitor vital health metrics like heart rate, sleep patterns, and activity levels.

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Lebanon Ministers Meet Visa Over National Digital Payment Platform

Finance and technology ministers say a comparative study and roadmap will follow before any decision on adopting a model.

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lebanon ministers meet visa over national digital payment platform

Lebanon’s finance and technology ministers met representatives from Visa last week to discuss a proposed unified national digital payment platform for government services, according to a readout from the Ministry of Finance.

The meeting brought together Finance Minister Yassin Jaber, Minister of State for Technology and Artificial Intelligence Kamal Shehadeh, a Visa delegation, and experts from both ministries. Discussion focused on whether Lebanon could establish a single platform through which citizens and institutions would pay taxes, fees, fines and other official transactions electronically, using mobile phones and other digital channels.

The Visa delegation presented examples from countries that have adopted unified government payment platforms, including the United Arab Emirates, Singapore, Estonia and Jordan. According to the readout, the examples were presented as having increased collection rates and expanded financial inclusion.

Talks covered settlement mechanisms, direct transfer to the treasury account, financial reconciliation, risk management, cybersecurity, fees, and an operational model that would involve the private sector. The parties agreed to continue technical and institutional consultations, prepare a comparative study, and develop an implementation roadmap before any decision on adopting a model for Lebanon.

Jaber said the Ministry of Finance had already enabled citizens to pay using credit cards and e-wallets through transfer companies, but described the proposed platform as a further step. He framed the development of electronic payment and collection systems as a priority within the ministry’s modernization plan.

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Shehadeh outlined the citizen-facing concept as a single mobile application through which users could settle obligations to ministries, government institutions and other bodies.

“The idea, in short, is that any citizen downloads an application on their mobile phone, through which they can pay all service obligations for all ministries, government institutions, or those owned by the Lebanese state, and others as well, as the platform is not limited only to state institutions,” he said.

Shehadeh added that the platform would not displace banks and money transfer companies that currently provide collection services to the state, calling it complementary to their work.

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