Latest news with #CashX
Yahoo
08-07-2025
- Business
- Yahoo
Alpha Modus (NASDAQ: AMOD) Expands CashX to African Specialty Retailers as Strategic Beachhead into Diaspora Markets
Targeting 250+ High-Traffic Locations to Capture Share of $150B+ U.S. Remittance Market via Hyperlocal Specialty Retail Network CORNELIUS, N.C., July 08, 2025 (GLOBE NEWSWIRE) -- Alpha Modus Holdings, Inc. (NASDAQ: AMOD), an AI-powered retail fintech platform, today announced the deployment of the CashX Financial Services Kiosk (FSK) at Afia Grocery, a leading African specialty retailer in Louisville, KY. This activation is the first in a nationwide rollout targeting over 250 diaspora-centered locations, establishing Alpha Modus as a major player in the rapidly growing U.S. remittance and underbanked financial services a signed lease and revenue-share agreement in place, the Louisville deployment marks a strategic shift for Alpha Modus—from individual pilot placements to a scalable, national diaspora strategy. The company's partner CashX kiosk provides seamless access to digital financial services such as check cashing, international money transfers, bill pay, mobile top-ups, and gift cards , all within an intelligent, automated environment. 'This is more than just a product launch—it's the beginning of a movement,' said Tim Matthews, Head of Strategic Deployment at Alpha Modus. 'We are positioning CashX at the heart of diaspora communities that move billions of dollars internationally each year. Our model is built for trust, access, and scale.' By embedding its technology inside culturally trusted retail environments—starting with African specialty grocers—Alpha Modus is uniquely positioned to serve the needs of underbanked and cash-reliant populations. The company will expand its footprint into additional diaspora-focused markets, including Latino, Caribbean, and Southeast Asian communities, each of which represents a high-volume remittance and cash-centric economic segment. 'Our hyperlocal approach flips the script on traditional banking models,' added Chris Chumas, Chief Sales Officer. 'Instead of asking these communities to come to us, we're meeting them where they already shop, send money, and transact. This is how we win market share—and this is how we create long-term shareholder value.' The U.S. diaspora remittance market exceeds $150 billion annually, with growing demand for convenient, localized, and digital-first solutions. Alpha Modus aims to capture a significant share of this market by leveraging: Exclusive retail real estate access Turnkey kiosk infrastructure Recurring revenue via revenue-sharing AI-powered transaction data and optimization An expanding portfolio of method patents for the use of AI and data analytics in brick-and-mortar retail. This latest deployment follows ecosystem integrations with VSBLTY, Shelf Nine, and Genmega—further strengthening Alpha Modus's go-to-market velocity and platform defensibility. With over a dozen additional deployments in contract or active installation, the company is on pace to accelerate revenue growth across multiple verticals, geographies, and use cases. About Alpha Modus Holdings Inc. (NASDAQ: AMOD)Alpha Modus is revolutionizing the retail landscape through its AI-driven technologies that power digital financial services, smart retail analytics, and targeted marketing experiences. Through the CashX platform partner ecosystem, and a growing patent portfolio, the company is enabling brick-and-mortar retailers to offer next-generation customer experiences—and capturing recurring revenue at the intersection of fintech and retail media. Learn more at For more information and to access Alpha Modus' press room, visit: Forward-Looking StatementsThis press release includes 'forward-looking statements' within the meaning of the 'safe harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. Alpha Modus's actual results may differ from their expectations, estimates, and projections, and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as 'expect,' 'estimate,' 'project,' 'budget,' 'forecast,' 'anticipate,' 'intend,' 'plan,' 'may,' 'will,' 'could,' 'should,' 'believes,' 'predicts,' 'potential,' 'continue,' and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements, but are not the exclusive means of identifying these statements. These forward-looking statements include, without limitation, Alpha Modus's expectations with respect to future performance. Alpha Modus cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Alpha Modus does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based. Contact Information Investor RelationsAlpha Modus Holdings, ir@ Follow us on LinkedIn | Follow us on X A photo accompanying this announcement is available at Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
18-06-2025
- Business
- Yahoo
Alpha Modus Expands CashX Rollout via Strategic U.S. Reseller Agreement with Genmega
CORNELIUS, N.C., June 18, 2025 (GLOBE NEWSWIRE) -- Alpha Modus Holdings Inc. (NASDAQ: AMOD), an emerging leader in AI-powered retail innovation, today announced it has entered into a formal U.S. reseller agreement with Genmega, Inc., a leading manufacturer of self-service kiosks and ATMs. This strategic relationship significantly expands the reach of Alpha Modus' rollout of the CashX platform, positioning the Company for accelerated national deployment of next-generation consumer engagement and payment kiosks."This agreement with Genmega unlocks scale," said William Alessi, CEO of Alpha Modus. "It allows us to accelerate CashX deployments through an experienced partner trusted by major financial networks and national retailers. This step validates our vision of powering the intersection of AI, retail media, and financial inclusion through real-time digital infrastructure." As part of the Alpha Modus ecosystem, Genmega will offer cutting-edge AI-enabled kiosk solutions that deliver tailored advertising, bill payment, money transfer, online shopping, mobile top up and check cashing services, with the ability to bridge into inventory alerts, smart planograms, and anti-shrinkage tools for the retailers—all core features of Alpha Modus' IP portfolio. Genmega's wide footprint and integration capability is expected to streamline installations and support across the U.S., helping fast-track Alpha Modus' efforts to capture a growing share of the retail media and self-service terminal market. According to eMarketer and Insider Intelligence, U.S. retail media ad spend is projected to exceed $60 billion in 2025, with further growth driven by AI-powered personalization and in-store activation. At the same time, the global self-service kiosk market is valued at $28–36 billion this year, expected to double by patented technology at the convergence of these trends, Alpha Modus is uniquely positioned to capture recurring revenue from kiosk deployment, data monetization, and digital advertising. The partnership with Genmega enhances the Company's ability to scale rapidly through established distribution, supporting Alpha Modus' long-term vision to become a category-defining platform in AI retail infrastructure. Thomas Gallagher, Alpha Modus Chief Revenue Officer, commented:"Our partnership with Genmega marks a pivotal milestone in our rollout strategy. This isn't just about hardware—it's about harnessing AI at the edge to unlock deeper value for retailers and consumers. We are executing with purpose, and this alliance ensures our infrastructure can scale in lockstep with demand." This announcement follows Alpha Modus' recent patent licensing agreement with VSBLTY (OTC: VSBLT), further strengthening the Company's expanding partner ecosystem and reinforcing its leadership in AI-driven retail transformation. About Alpha Modus Holdings Modus (NASDAQ: AMOD) develops and licenses patented AI-driven retail technologies designed to optimize in-store engagement, drive revenue through intelligent media, and empower brands and retailers with actionable consumer insights. From smart kiosks to predictive inventory and retail media networks, Alpha Modus is shaping the next frontier of data-powered more information, visit For more information and to access Alpha Modus' press room, visit: Forward-Looking StatementsThis press release includes 'forward-looking statements' within the meaning of the 'safe harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. Alpha Modus's actual results may differ from their expectations, estimates, and projections, and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as 'expect,' 'estimate,' 'project,' 'budget,' 'forecast,' 'anticipate,' 'intend,' 'plan,' 'may,' 'will,' 'could,' 'should,' 'believes,' 'predicts,' 'potential,' 'continue,' and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements, but are not the exclusive means of identifying these statements. These forward-looking statements include, without limitation, Alpha Modus's expectations with respect to future performance. Alpha Modus cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Alpha Modus does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based. Contact Information Investor RelationsAlpha Modus Holdings, ir@ Follow us on LinkedIn | Follow us on X A photo accompanying this announcement is available at
Associated Press
11-02-2025
- Business
- Associated Press
Strategic Reseller Agreement Signed with GlobeTopper (Symbol: ASII), Expanding Revenue Opportunities in Prepaid and Digital Transactions for AI Optimized Marketing Tech Company: Alpha Modus, Corp. AMOD
Marketing Technology Company with a Core Focus on Artificial Intelligence (AI) in The Broad Retail Business Sector. Strong Fundamentals, Ongoing Growth Strategy, and Commitment to Delivering Value to AMOD shareholders New Agreement with GlobeTopper to Boost Revenue Growth in Prepaid and Digital Transactions. Seasoned New Chief Revenue Officer Appointed to Drive Growth and Maximize Shareholder Value. 9th AI Patent Issued, Strengthening Leadership in Retail Innovation. Patent Infringement Lawsuit Filed Against Wakefern Food Corporation and Shelf Nine LLC Operating 365 Supermarkets Under ShopRite, Price Rite, and More. Infringed Patents Encompass Retail Marketing and Advertising Data-Driven Technologies to Enhance Consumer In-Store Experience at Point of Decision. Alpha Modus Corp. (Nasdaq: AMOD) is a technology company with a core focus on artificial intelligence (AI) in retail business. Alpha Modus covers a variety of inventory management and advertising features, including the presentation and display of relevant and targeted advertising that is based on customer shopping habits, foot traffic, or other criteria. The Company engages in creating, developing and licensing data-driven technologies to enhance consumers' in-store digital experience at the point of decision. Strategic Reseller Agreement with GlobeTopper (Symbol: ASII), Expanding Revenue Opportunities in Prepaid and Digital Transactions On February 10th AMOD announced a strategic reseller agreement with GlobeTopper (OTC: ASII), a premier platform for prepaid products and digital transaction solutions. This partnership should strengthen both the AMOD and ASII market positions and create new revenue streams through an innovative revenue-sharing more information on ASIIGlobeTopper visit Under this agreement, AMOD gains the exclusive right to resell GlobeTopper's suite of digital transaction solutions—including prepaid cards, event tickets, cryptocurrency services, and remittance products—to a targeted network of retailers where CashX AI-powered kiosks are deployed. The integration of ASII CashX AI into AMOD technology ecosystem enhances the accessibility and automation of digital financial transactions, further differentiating the Company in the evolving retail technology landscape. AMOD previously partnered with CashX AI, an intelligent automation platform that enhances self-service financial kiosks, enabling users to conduct seamless transactions such as prepaid top-ups, crypto purchases, remittances, and more. This AI-powered infrastructure ensures efficiency, reduces fraud risk, and personalizes financial services for consumers. By combining ASII CashX and GlobeTopper's ability to offer cutting-edge financial solutions, this collaboration with AMOD is expected to drive higher transaction volumes, improved revenue predictability, and stronger operational efficiencies. Investors can anticipate a scalable, AI-enhanced revenue model that integrates real-time consumer insights with digital financial services, positioning Alpha Modus as a leader in technology and retail automation space. Alpha Modus CEO Addresses Market Volatility and Recent SPAC Merger On January 30thAlpha Modus CEO William Alessi, issued a statement regarding company's strong fundamentals, ongoing growth strategy and commitment to delivering value to AMOD shareholders amidst what he described as 'uninformed speculation' by certain market participants. 'The recent sell side activity targeting AMOD stock appears to be driven by misconceptions and a lack of understanding about our business and long-term strategy coupled with the 'de-SPAC norm,'' said Alessi. 'This trend is emblematic of broader market dynamics in the SPAC environment, where some investors prioritize short-term speculation over informed, long-term investment. In recent years, it's been the norm to compete for the exit door as so many of these SPAC transactions had finance structures surrounding the de-SPAC that encouraged selling. Unlike most SPAC transactions in recent years, we worked diligently to secure prudent closing terms in our merger. We did not allow the issuance of commitment shares or warrants at a zero-cost basis that would otherwise incentivize selling. We did just the opposite. We painfully renegotiated existing sponsor side fees and reduced share issuances to the extent we could.' AMOD successfully transitioned from its SPAC merger to a publicly traded entity, a process that has unlocked new opportunities for growth and innovation. Despite these achievements, the CEO pointed out that management believes certain market players have underestimated the company's robust operational model, IP catalogue and significant pipeline of strategic initiatives. 'While speculative short positions or reckless selling may create temporary noise, they do not reflect the reality of our business or the significant opportunities ahead for Alpha Modus in both the near and long term,' Alessi continued. 'We remain laser-focused on executing our strategy, which is built on strong fundamentals, a surgically precise plan, and a team of world-class talent to execute, which I suspect will create regret for the uninformed speculator in the near future.' Alpha Modus Appoints Accomplished Executive Thomas Gallagher as Chief Revenue Officer to Drive Growth and Maximize Shareholder Value On January 10th AMOD announced the appointment of Thomas Gallagher as Chief Revenue Officer (CRO). Mr. Gallagher will oversee global revenue generation strategies, scaling operations, and aligning the Company's sales, marketing, and business development efforts to accelerate growth and deliver robust shareholder returns. Mr. Gallagher brings over two decades of proven leadership in driving revenue growth, strategic expansion, and operational excellence in competitive markets. Most recently, Mr. Gallagher served as Senior Vice President of Services and Solutions at Zones, where he spearheaded transformative strategies that significantly enhanced sales and operational efficiency. Prior to that, he held pivotal roles including Chief Sales Officer of Cloud Infrastructure Services at Capgemini North America and Vice President of Sales for North and South American Industries at DXC. His extensive experience also includes senior sales positions at IBM, HP/EDS, and AT&T. A graduate of the United States Naval Academy with a degree in Systems Engineering, he served as a Captain in the United States Marine Corps for five years. 9th AI Patent Issued, Strengthening Leadership in Retail Innovation On January 6th AMOD announced a major milestone with the issuance of its 9th patent, further solidifying its position at the forefront of artificial intelligence solutions. On December 24, 2024, the United States Patent and Trademark Office issued Alpha Modus Corp. its latest patent, United States Patent Number 12,175,484, titled 'Methods for Personalized Marketing and Advertising.' The patent outlines groundbreaking techniques that leverage artificial intelligence to deliver real-time, tailored marketing and advertising experiences at the point of decision-making. This innovative approach addresses the growing demand for personalized consumer engagement, a critical factor in the $20 billion global AI-driven retail market, projected to grow at a compound annual growth rate (CAGR) of 25% over the next five years, according to a report by Fortune Business Insights. Alpha Modus Files Patent Infringement Lawsuit Against Wakefern Food Corporation and Shelf Nine LLC On December 19th AMOD announced it has filed a patent infringement lawsuit against Wakefern Food Corporation, which has 48 member companies that own and operate 365 supermarkets, under the ShopRite, Price Rite Marketplace, The Fresh Grocer, Dearborn Market, Gourmet Garage, and Fairway Market brands in New Jersey, New York, Connecticut, Pennsylvania, Maryland, Delaware, Massachusetts, New Hampshire and Rhode Island, and Shelf Nine LLC (subsidiary of VSBLTY Groupe Technologies Corp.) which purports to be a leader in retail media networks, providing brands and retailers specifically targeted digital media advertising and other customer communications content delivered at the point of purchase. Media Contact Company Name: Alpha Modus Corp. Contact Person: Investor Relations Email: Send Email Phone: (704) 252-5050 Address:20311 Chartwell Center Dr Suite 1469 City: Cornelius State: North Carolina Country: United States
