Latest news with #TimMatthews
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
BBC News
13-06-2025
- Politics
- BBC News
Call to waive Essex & Herts air ambulance £95k rent and landing fee
Charging an air ambulance £95,500 a year to use an airfield was "utterly crazy", a resident who exposed the cost and Herts Air Ambulance paid the fee - which included £91,500 rent and £4,000 in landing fees - to North Weald Airfield, run by Epping Forest District Born called for the authority to follow airports in Luton and Norwich and waive the charity's Conservative councillor Tim Matthews said it was a "fair charge" for an "excellent service". The fees were first reported by Everything Epping Forest, which cited a Freedom of Information request by Mr data also revealed the National Police Air Service (NPAS) was being charged annual rent of £108,000 to use the airfield, with landing fees of £40,000. "They're essential services, things we need," Mr Born told BBC Essex."To charge them and take away money from their ability to operate is utterly crazy."The air ambulance attended incidents involving critically ill patients and brought staff with advanced medical skills to the Bromwich, an independent councillor for North Weald Bassett, said: "Charging a charity to save lives is wrong."These aren't luxuries, they're lifelines for our community. We need to be behind them and urging the council to reconsider." The council received a £88.2m windfall for selling 52 acres (21ha) of airfield land to Google in said "it would be great" in theory to make its facilities free for both the air ambulance and police he added: "But, in practice, that would mean the council tax payers and residents of Epping Forest district subsidising the service for several million people across London and the south-east. "That is obviously unfair to our residents."Asked about the figures, an air ambulance spokeswoman said the charity was "extremely grateful" to everyone who supported its White, chief operating officer at NPAS, added: "We continually review our operational costs to ensure value for money for the public." Follow Essex news on BBC Sounds, Facebook, Instagram and X.
Yahoo
21-05-2025
- Politics
- Yahoo
Broome-Tioga BOCES's annual WARS Day competition
BINGHAMTON, N.Y. (WIVT/WBGH) – The sound of heavy machinery and the smell of freshly cooked food dominated the senses at BOCES today as students competed against each other in an all day event. Broome-Tioga BOCES held it's annual WARS Day competition. Throughout the day, students across six areas of study competed against each other, as representatives from local businesses judged the students' creations. The different areas of study were TV Production, Graphic Arts, Carpentry, Heavy Equipment Repair and Operation, Culinary Arts, and Cosmetology. The beauty school students were facing off on the runway, while the carpentry students were building commercial and residential frame projects. Carpentry Instructor Tim Matthews says the students get excited about facing off against each other. 'They're preparing for a career, so we're trying to get these students set up, not only with skills they need for life, but also with the skills they need to have a career ahead of them. We send a lot of students every year out to the carpenters' union, we send a lot of students out to local contractors around the area, and it just prepares them and puts them a step ahead for entering the workforce,' Matthews said. While the culinary competition had specific judges, all BOCES staff were able to enjoy the fruits of their efforts. Village could use eminent domain on Pope Leo XIV's childhood home, attorney says SUNY Leaders outline priorities in State of the University Address Zeldin slams Whitehouse in heated exchange: Americans 'put President Trump in office because of people like you' Trump confronts South African president over claims of 'white genocide' Mace files resolution to expel McIver over ICE assault charges Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
