Latest news with #Schenck
Android Authority
06-05-2025
- Business
- Android Authority
Samsung Wallet learns to transfer money with just a tap of your friend's debit card
Stephen Schenck / Android Authority TL;DR Samsung is bringing Tap to Transfer support to Wallet users in the US. You can easily send funds to other Wallet users by tapping phones or search for their number. The service even works without a second phone, but just tapping a supported card. Cash is just so last century, but thankfully you've got no shortage when it comes to options for electronically transferring funds. From Venmo to CashApp, PayPal to Zelle, fintech companies are all just jumping at the chance to be involved as you move your money around. Today, though, we're learning about a new option from Samsung that can take the app out of the equation altogether — on one side, at least. Samsung Wallet is picking up a new Tap to Transfer peer-to-peer payment mode to simplify sending money to friends and colleagues. Just like you'd expect, you can easily tap phones with other Wallet users and start a transfer that way, or if you're trying to send money to a Wallet user who doesn't have their phone on them, you can just look up their account through their phone number. But the coolest feature here might be for when you're the Samsung Wallet user, but your friend doesn't have the app, nor even necessarily have their phone on them. With Samsung Tap to Transfer, all you have to do is tap your friend's debit card to your phone, and the info sent from its NFC chip is enough to put the transfer through. We brought you an early look at how Tap to Transfer was coming together just a couple weeks back. Of course, there are a bunch of legal asterisks dotting Samsung's announcement, and you'll need to be in the US with a Visa or Mastercard-branded debit card from a supported financial institution. But if all that works out for you, your Galaxy phone should start picking up this new functionality sometime later this month. Got a tip? Talk to us! Email our staff at Email our staff at news@ . You can stay anonymous or get credit for the info, it's your choice.
Yahoo
02-05-2025
- Business
- Yahoo
Flashfood names its first woman CEO
This story was originally published on Grocery Dive. To receive daily news and insights, subscribe to our free daily Grocery Dive newsletter. Flashfood has appointed Jordan Schenck as CEO, effective immediately, the company said in an emailed announcement. Schenck, who is the food waste technology provider's first woman CEO, has served in various executive leadership roles for the company and most recently held the title of president and chief operating officer. Nicholas Bertram is passing the baton to Schenck at a time of significant growth for Flashfood and after years of working closely together, Schenck told Grocery Dive. Schenck plans to continue Flashfood's ambitious growth trajectory as she takes over the company's helm from Bertram, who served as CEO for just over a year. 'I get the [good] fortune of picking up a really, really solid plan strategy. It doesn't make the job easier, but you're going on a course that's working,' Schenck said, noting that she and Bertram codeveloped the company's strategy to date. Prior to joining Flashfood, Schenck served as co-founder and chief revenue officer for wellness brand Sunwink and has additional experience in consumer marketing and company expansion in the food industry, according to the press release. Schenck originally started as a board member for Flashfood, she said. In early 2023, Bertram recruited her to serve as the company's chief brand officer. She was promoted twice more to chief customer officer and then became president and COO in late 2024. 'There is, quite literally, not one function of the business that I have not been extremely close to over the past couple of years that I've been here,' Schenck said. Flashfood credits Schenck with leading many prominent growth initiatives, including its rebrand in January 2024, the launch of its updated consumer app and the debut of its platform for independent grocers, according to the press release. Since Flashfood's Series A fundraising round in 2022, the company has seen 200% revenue growth, per the announcement. This unfolded simultaneously with Flashfood achieving BCorp Certification, launching new products and replatforming its applications for expansion across the U.S. and Canada. Moving forward, Schenck said she is prepared to 'double down on growth,' primarily on two fronts: proliferation in North America and technology. Flashfood currently operates in 33 states, but has its sights set on all 50, Schenck said, adding that working with all types of grocers — larger chains and independents — also continues to be a growth focus. As the company looks to enter more markets, technology will be key to ensuring grocers can access and use the platform as seamlessly as possible and helping shoppers connect with their nearby store partners, Schenck said. Last year, Flashfood refreshed its technology team, hiring a head of product as well as new engineering leadership, according to Schenck. She added that Flashfood also brought on a new head of revenue. 'We've really shifted the team in terms of our ability to not only innovate and not only leverage what we currently have but make it so that our company [can make] AI a part of the servicing we do and we can get more products on the platform,' she said. 'All of those things are coming to fruition, and we've got a team that is now able to sell and mobilize it.' Schenck said Flashfood does not currently plan to make other executive changes. However, the company intends to continue building out teams in new markets and regions as it expands its operations, she said. As Flashfood's first woman CEO, Schenck commented on the lack of female leadership in the technology sector, noting that she is the first woman CEO many of her employees have ever worked under. 'I think it's a special moment for the company, but I also think it's great for the industry,' Schenck said. 'I just look forward to being able to be in this position and continuing to mentor and work with female leaders in our industry to show that it happens.' Recommended Reading Flashfood names new CEO, revamps brand identity Sign in to access your portfolio
National Post
01-05-2025
- Business
- National Post
Flashfood Appoints Jordan Schenck as Chief Executive Officer
Article content TORONTO — Flashfood, the app-based marketplace connecting consumers with affordable groceries, announced today the appointment of Jordan Schenck as its new Chief Executive Officer. Schenck has served as Flashfood's President and Chief Operating Officer since October 2024. She assumes the role immediately and succeeds Nicholas Bertram, who will remain on the board. Article content This transition comes at a pivotal time in Flashfood's growth trajectory. The company has added over 1,000 doors and experienced 200% revenue growth since completing its Series A in 2022, expanding its footprint to 33 US states and all 10 Canadian provinces. This occurred while achieving B-Corp Certification, launching new products, and replatforming its applications to achieve even greater impact in North America. Article content 'Jordan is a generational talent, and her growth over the last two years has benefited our company tremendously. She is ready to take on this role, and I am thrilled for her to lead our talented teammates as they achieve our mission of feeding families, not landfills,' said Bertram on her appointment. Article content Bertram recruited Schenck in early 2023 to serve as Flashfood's Chief Brand Officer and has since promoted her twice, from Chief Customer Officer to President and Chief Operating Officer. In her tenure, Schenck led the company's transformational rebrand in January 2024, oversaw the relaunch of Flashfood's consumer app, and was instrumental in the development and launch of Flashfood for Independents – a new platform for independently owned grocers. Article content 'Stepping into the CEO role, I am energized by the extraordinary potential ahead of us. Flashfood's technology has the power to build a world where food is never wasted and access to affordable, fresh products is a daily occurrence,' said Jordan Schenck, CEO of Flashfood. 'With a product-driven approach, relentless innovation and the use of AI, we will empower grocers to turn close-dated inventory into a competitive advantage – earning more frequent shoppers and wasting zero food.' Article content 'Flashfood has achieved significant growth in recent years, and Jordan has demonstrated outstanding leadership and vision during a pivotal period for the company,' said Chuck Templeton, Flashfood Board Director and Managing Partner at S2G Investments. 'Her growth mindset and deep understanding of consumer and retailer dynamics make her exceptionally equipped to lead Flashfood forward and scale its ability to lower food costs and reduce unnecessary waste.' Article content Earlier in her career, Schenck served as co-founder and Chief Revenue Officer of wellness brand Sunwink, which became one of the fastest growing ready-to-drink beverages in the market. Before Sunwink, Schenck was head of consumer marketing for Impossible Foods and supported the company's explosive growth across new verticals and markets. Article content Flashfood is on a mission to feed families, not landfills. The app marketplace connects shoppers with fresh produce, meat and other groceries at up to 50% off. By partnering with retailers across North America, Flashfood offers shoppers nutritious staples at affordable prices, and reduces the amount of food going to landfills. To date, Flashfood has rerouted more than 130 million pounds of food from landfills while saving its shoppers more than $330 million on their groceries. Flashfood is a B-Corp certified company currently partnered with more than 2,300 stores across North America. For more information, please visit Article content Article content Article content Article content Article content Article content
Yahoo
01-05-2025
- Business
- Yahoo
Flashfood Appoints Jordan Schenck as Chief Executive Officer
Outgoing CEO Nicholas Bertram will remain on Flashfood's board TORONTO, May 01, 2025--(BUSINESS WIRE)--Flashfood, the app-based marketplace connecting consumers with affordable groceries, announced today the appointment of Jordan Schenck as its new Chief Executive Officer. Schenck has served as Flashfood's President and Chief Operating Officer since October 2024. She assumes the role immediately and succeeds Nicholas Bertram, who will remain on the board. This transition comes at a pivotal time in Flashfood's growth trajectory. The company has added over 1,000 doors and experienced 200% revenue growth since completing its Series A in 2022, expanding its footprint to 33 US states and all 10 Canadian provinces. This occurred while achieving B-Corp Certification, launching new products, and replatforming its applications to achieve even greater impact in North America. "Jordan is a generational talent, and her growth over the last two years has benefited our company tremendously. She is ready to take on this role, and I am thrilled for her to lead our talented teammates as they achieve our mission of feeding families, not landfills," said Bertram on her appointment. Bertram recruited Schenck in early 2023 to serve as Flashfood's Chief Brand Officer and has since promoted her twice, from Chief Customer Officer to President and Chief Operating Officer. In her tenure, Schenck led the company's transformational rebrand in January 2024, oversaw the relaunch of Flashfood's consumer app, and was instrumental in the development and launch of Flashfood for Independents – a new platform for independently owned grocers. "Stepping into the CEO role, I am energized by the extraordinary potential ahead of us. Flashfood's technology has the power to build a world where food is never wasted and access to affordable, fresh products is a daily occurrence," said Jordan Schenck, CEO of Flashfood. "With a product-driven approach, relentless innovation and the use of AI, we will empower grocers to turn close-dated inventory into a competitive advantage – earning more frequent shoppers and wasting zero food." "Flashfood has achieved significant growth in recent years, and Jordan has demonstrated outstanding leadership and vision during a pivotal period for the company," said Chuck Templeton, Flashfood Board Director and Managing Partner at S2G Investments. "Her growth mindset and deep understanding of consumer and retailer dynamics make her exceptionally equipped to lead Flashfood forward and scale its ability to lower food costs and reduce unnecessary waste." Earlier in her career, Schenck served as co-founder and Chief Revenue Officer of wellness brand Sunwink, which became one of the fastest growing ready-to-drink beverages in the market. Before Sunwink, Schenck was head of consumer marketing for Impossible Foods and supported the company's explosive growth across new verticals and markets. About Flashfood Flashfood is on a mission to feed families, not landfills. The app marketplace connects shoppers with fresh produce, meat and other groceries at up to 50% off. By partnering with retailers across North America, Flashfood offers shoppers nutritious staples at affordable prices, and reduces the amount of food going to landfills. To date, Flashfood has rerouted more than 130 million pounds of food from landfills while saving its shoppers more than $330 million on their groceries. Flashfood is a B-Corp certified company currently partnered with more than 2,300 stores across North America. For more information, please visit View source version on Contacts Esther
Associated Press
09-04-2025
- Business
- Associated Press
Click n' Close Expands Correspondent Lending Sales Team with Mortgage Industry Veteran Kim Schenck
- Current head of correspondent division Michael Lima to refocus on whole loan trading - ADDISON, Texas, April 9, 2025 (SEND2PRESS NEWSWIRE) — Click n' Close (CNC), a multi-state mortgage lender, announced today that Kim Schenck has joined its Correspondent Lending Sales team as Correspondent Manager. In her new role, Schenck will lead the expansion of the company's proprietary down payment assistance (DPA) program, which plays a key role in helping more borrowers achieve homeownership. 'Kim's extensive experience and proven ability to drive results make her an ideal addition to our team,' said Jeff Bode, owner and CEO of Click n' Close. 'Her focus on our DPA program will help us continue delivering innovative, affordable solutions to our partners and borrowers.' Schenck brings more than 30 years of experience in mortgage banking, with a strong background in correspondent lending, loan acquisitions and secondary marketing. Her career includes leadership roles at Essex Mortgage, Freedom Mortgage, Bank of America, Greenwich Capital Financial and Sandia Mortgage Corporation, where she built and managed high-performing sales teams, drove strategic growth and developed pricing and rate strategies for large-scale lending operations. 'I've had the pleasure of working with Jeff in previous roles and have always admired his sharp insight and shared commitment to empowering both lenders and homebuyers,' said Schenck. 'I'm honored to join such a forward-thinking organization and proud to be part of a winning team.' As part of this transition, Click n' Close's Managing Director of Correspondent Lending Michael Lima will shift his focus back to the company's whole loan trading business, a division he was initially hired to lead. Lima first joined Click n' Close – then operating as Mid America Mortgage – shortly after the implementation of the 2016 TILA-RESPA Integrated Disclosure (TRID) rule. Mid America recognized an opportunity as lenders across the country struggled with compliance and were forced to sell affected loans at steep discounts on the scratch-and-dent market. The company entered the space to purchase those loans, resolve the underlying issues and reintroduce them to the market—effectively bringing liquidity where it was desperately needed. Lima was brought in specifically to lead this initiative, leveraging his expertise in capital markets and risk assessment to build a sustainable, scalable secondary market strategy. Now, as the mortgage industry faces another period of consolidation and economic uncertainty, Click n' Close is redoubling its commitment to the whole loan trading space, offering a stable, long-term source of liquidity for lenders navigating an evolving landscape. Amid a post-COVID environment where many lenders have reported financial losses, Click n' Close has remained financially strong and profitable—a track record the company sees as critical to its value proposition moving forward. 'Click n' Close has always leaned into market disruptions as an opportunity to lead with innovation and stability,' said Lima. 'My returned focus to the whole loan trading space will help strengthen the liquidity and reliability our lending partners count on. Our capital markets strategy has always been about fixing what others overlook—and doing it profitably, sustainably and at scale.' About Click n' Close, Inc. Click n' Close, Inc., formerly known as Mid America Mortgage, is a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels and is also the nation's leading provider of Section 184 home loans for Native Americans. In operation since 1940, Click n' Close has thrived by retaining its entrepreneurial spirit and leading the market in innovation, including its adoption of eClosings and eNotes. Combining this culture of innovation with a risk management mindset enables Click n' Close to deliver new products to market that address the challenges facing both borrowers and third-party originators (TPOs). These innovations include its USDA one-time close construction loans, proprietary down payment assistance (DPA) program and reverse mortgage division. Its direct relationships with Fannie Mae, Freddie Mac, Ginnie Mae and private investors afford Click n' Close direct access to the capital markets, thus ensuring maximum liquidity for its product innovations. By servicing its loan programs in-house, Click n' Close provides its wholesale and correspondent partners with an additional level of certainty regarding loan salability and superior borrower service over the life of the loan. Learn more at NEWS SOURCE: Click n' Close Inc. ### MEDIA ONLY CONTACT: (not for publication online or in print) Lindsey Neal Depth for Click n' Close P: 404.549.9282 [email protected] ### Keywords: Mortgage, Click n' Close, multi-state mortgage lender, Correspondent Lending, wholesale and correspondent channels, Section 184 home loans for Native Americans, ADDISON, Texas This press release was issued on behalf of the news source (Click n' Close Inc.) who is solely responsibile for its accuracy, by Send2Press® Newswire. Information is believed accurate but not guaranteed. Story ID: S2P125407 APNF0325A © 2025 Send2Press® Newswire, a press release distribution service, Calif., USA. RIGHTS GRANTED FOR REPRODUCTION IN WHOLE OR IN PART BY ANY LEGITIMATE MEDIA OUTLET - SUCH AS NEWSPAPER, BROADCAST OR TRADE PERIODICAL. MAY NOT BE USED ON ANY NON-MEDIA WEBSITE PROMOTING PR OR MARKETING SERVICES OR CONTENT DEVELOPMENT.
