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Mad Mobile and Samsung Join Forces to Bring Businesses Tap & Pay Technology

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TAMPA, Fla. (Newswire.com) – Mad Mobile Inc., a global leader in Connected Commerce and mobile payments for retailers and restaurants, announced they will now offer Tap & Pay capabilities to businesses in collaboration with Samsung Electronics America. The Tap & Pay capability powered by Mad Mobile on Samsung mobile devices will give businesses a quick, streamlined way to accept contactless customer payments.

“We are excited to collaborate technologies with Samsung and provide our customers the most streamlined, lightweight, and affordable Tap & Pay solution today,” said Mad Mobile’s Chief Growth Officer, Tod Monchecourt. “Joining forces, our Connected Commerce platform supports Tap & Pay on Samsung mobile devices, including handheld tablets.”

Mad Mobile and Samsung are working together to give retailers the tools they need to create secure, convenient customer experiences that will help increase engagement and their bottom line. With just one tap, businesses can reduce checkout lines, increase efficiency, and process payments faster.

Monchecourt added: “We are dedicated to providing our customers with cutting-edge solutions in the form of a modern, mobile-first POS platform. By joining forces with Samsung, we further this mission, allowing our customers to benefit from the most advanced technologies and omnichannel strategies available.”

About Mad Mobile

Mad Mobile is building the next generation of digital and mobile experiences globally for more than 21,000 retail and restaurant locations. The company’s platform offers modern point-of-sale transactions, offering businesses new ways to connect with customers. Mad Mobile powers major retailers such as Ralph Lauren, Tractor Supply, Signet Jewelers, Meijer, Estée Lauder, Talbots, and Urban Outfitters. To learn more, visit https://www.madmobile.com.

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About Samsung Electronics America, Inc.

Headquartered in Ridgefield Park, N.J., Samsung Electronics America, Inc. (SEA) is a leader in mobile technologies, consumer electronics, home appliances and enterprise solutions. The company pushes beyond the limits of today’s technology to provide groundbreaking connected experiences across its large portfolio of products and services, including mobile devices, home appliances, home entertainment, 5G networks, and digital displays. As EPA’s ENERGY STAR® Corporate Commitment Partner, SEA is dedicated to making a positive impact on the environment through its eco-conscious products, practices, and operations. To learn more and to get involved, visit Samsung.com. For the latest news, visit news.samsung.com/us and follow @SamsungNewsUS. SEA is a wholly-owned subsidiary of Samsung Electronics Co., Ltd.

Source: Mad Mobile

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Business and Finance

FACE teams up with TD to launch the “Propelling Black Entrepreneurship Program” with 50 grants to support Black entrepreneurs

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he program will support Black business owners in the creation of critical business and financial documents to help improve access to financing

MONTREAL /CNW Telbec/ – The Federation of African Canadian Economics (FACE), a nonprofit organization offering the first-of-its-kind Black Entrepreneurship Loan Fund has collaborated with TD Bank Group (TD) to deliver its new “Propelling Black Entrepreneurship Program” and offer 50 grants ranging from $2,500 to $5,000 to Black entrepreneurs across Canada. This program has been developed to support Black entrepreneurs in the creation of their business and financial documents, including business plans, financial statements, and tax filings to help improve access to financing

Participants in the program will receive training, tools, best practices, and mentorship opportunities related to managing and presenting financial documents and have access to FACE’s regional partners and corporate service providers, spanning leading financial and consulting firms. Business owners will also have the opportunity to partake in quarterly virtual and/or in-person sessions focused on preparing a strong business case for financing from lenders. The program has been designed to help Black business owners through the different stages of their entrepreneurial journey, so they can successfully access capital and scale their businesses.

FACE teams up with TD to provide 50 grants to support Black entrepreneurs

“There are many challenges for entrepreneurs as they pursue their business ventures, including navigating financial processes and paperwork. These challenges are accentuated for Black entrepreneurs who often also face bias in the financial system,” says Tiffany Callender, Chief Executive Officer of FACE. This program addresses some of these barriers by providing them with tools and advice so they can best manage and present their documents. Our sponsorship by TD helps support these applicants to be able to submit financially strong applications, thereby significantly increasing their chances of securing funding. Moreover, this program is open to all Black business owners interested in applying for loans, even if they have not worked with FACE before.”

“We are extremely proud to support “Propelling Black Entrepreneurship” through the TD Ready Commitment, the Bank’s corporate citizenship platform,” said Alicia Rose, Associate Vice President, Social Impact – Canada, TD Bank Group. “We know the value that entrepreneurs bring to our communities and to our local economies. Through these 50 grants, our aim is to help remove the barriers and potential bias that limit Black entrepreneurs from accessing financing to help fund their ambitions.” 

Since its inauguration in 2021, FACE has raised $160 million in capital, including $130 million from Business Development Bank of Canada (BDC), and disbursed $21.7 million, cementing itself as a catalyst for Black generational wealth creation and empowering Black Canadian entrepreneurs.

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The Propelling Black Entrepreneurship program will launch in April 2023, the details for participating in this program will be available on FACE’s website at https://facecoalition.com/

About FACE

The Federation of African Canadian Economics is a coalition of Black-led organizations dedicated to stimulating economic growth and creating generational wealth for Canadians of African Descent. In 2021 FACE was launched to address the needs of Black business owners and entrepreneurs who were economically devastated during the pandemic.

SOURCE The Federation of African Canadian Economics

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Anti-Bullying

The Media Trust Warns of Increased Digital Attacks Targeting Children and Elderly

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2023 outlook reveals growing assault on consumer expectations of digital trust and safety

MCLEAN, Va. (Newswire.com) – The Media Trust, the preeminent leader in digital trust and safety for websites and mobile apps, released a report detailing the harms experienced by consumers through their everyday use of websites and mobile apps. When accessing common online environments — news, entertainment, shopping, travel — children and the elderly were increasingly affected by malware, a 3.7X and 11X growth, respectively, throughout 2022. 

The report CYA 2023: 7 Digital Safety Trends for Uncertain Times highlights malware and ad-quality challenges facing brands, publishers, and platforms as they navigate consumer-loyalty concerns and the economic uncertainties of 2023. From poor security to inappropriate content, the consumer experience is under attack, which threatens monetization channels including commerce and online advertising. 

The report confirms:

  • 4,500+ active attacks targeting millions of consumers each month 
  • 1.3 billion malicious ads blocked on Fortune 1000 websites and apps
  • 2.2X growth in e-skimming attacks since 2020
  • 3X increase in just three months of an attack leveraging a particular corrupted JavaScript library
  • 16X rise in backdoors being installed on devices — personal, corporate, government

“Threat actors have greatly improved their ability to get their malicious wares in front of the most vulnerable consumers online,” explained Chris Olson, CEO of The Media Trust. “Every business with a digital channel — website, app, gaming console — needs to be aware of how these assets are used to target and harm your customers. You cannot simply look the other way and leave children and the elderly to fend for themselves. Your family, friends, and neighbors are all being hunted every time they use the internet.”

An informative, 30-minute webinar is scheduled for Tuesday, Jan. 31, 2023. Register for  CYA 2023: 7 Digital Safety Trends Webinar

About The Media Trust: 

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Today’s digital ecosystem relies on The Media Trust to safeguard the consumer experience. We fix the issues that harm your customers, drive data breaches, violate regulations, impede revenue, and tarnish your brand. Acting as your audience, our unique digital safety platform captures their true user experience and stops harmful activity so you can better monetize and govern your digital assets. Since 2005, hundreds of digital businesses have depended on The Media Trust to protect their strategic digital revenue channels. Why not yours? The Media Trust — your partner in digital trust and safety. Learn more at www.mediatrust.com.

Source: The Media Trust

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Automotive

Electric vehicles helping drivers to reduce their bills

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  • 90% of vehicle-owning US households could reduce their bills as well as their carbon footprint by switching to electric vehicles. 
  • 85 million households could halve their transport bills by going electric compared to just 25 thousand households if they switched to newer, gasoline-fuelled cars. 
  • Adopting an electric vehicle would more than double the number of US households with low transport costs, spending less than 2% of their annual income on transport fuels. 

Newswise — Drivers in Washington, California, and New York are set to see the greatest reductions in transport costs and greenhouse gas emissions due to a combination of cleaner power grids and low electricity prices in comparison to gasoline prices, among other factors.  

Over 90% of vehicle-owning US households could slash their greenhouse gas emissions as well as their transport costs by switching to electric vehicles. A study maps the change in annual income spent on transport fuels for vehicle-owning US households upon adopting electric vehicles.  

US households are highly dependent on private vehicles, with over 80% of journeys taken via personal cars. These journeys are not only bad for the environment and public health, but they are also expensive: around 67% of US households are currently considered to have medium-to-high travel costs, spending greater than 2% of their annual income on transportation. 

“Joshua Newell, co-author of the study and Professor of Environment and Sustainability at the University of Michigan, says: “As the need for decarbonisation becomes increasingly urgent, it is crucial that we identify where and how we can reduce greenhouse gas emissions, starting with assessing the long-term affordability of electric vehicles. Our results show that not only are electric cars better at reducing greenhouse gas emissions, but in most cases, they are cheaper to run too.” 

Study evaluates the cost-effectiveness of switching to electric vehicles in comparison to new gasoline-fuelled vehicles, for different regions across the United States. The results show that 71% of US drivers could halve their transport bills by going electric. In comparison, just 0.02% of drivers would see the same reduction in fuel costs by switching to newer, gasoline-fuelled cars. 

Moreover, the team found that adopting an electric vehicle would more than double the number of US households with low transport costs, spending less than 2% of their annual income on transport fuels. Nationwide, this equates to over 80% of vehicle-owning households. 

“Our research contributes to the topic of energy justice, ensuring participation in the energy system is equitable, affordable, and accessible for all. We are hopeful that this study will inform people on where significant, affordable reductions in greenhouse gas emissions can be made. For the majority of people, the ongoing fuel cost of electric vehicles will be even lower than adopting newer, more efficient gasoline vehicles. However, the prominent differences across the nation emphasize the need for a regional approach to electric vehicle transitions,” concludes Jesse Vega-Perkins, lead author of the study. 

Source: Institute of Physics (IOP) Publishing

https://iopscience.iop.org/article/10.1088/1748-9326/aca4e6

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https://stmdailynews.com/category/science/

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