FreedomPay to Unleash the Power of Pay at NRF 2023

One of the world’s fastest growing fintech to showcase award-winning global commerce technology platform and industry-leading partner network.

NEW YORK, National Retail Federation, Jan. 15, 2023 (GLOBE NEWSWIRE) — FreedomPay, the global leader in Next Level Commerce™ and the commerce technology platform of choice for global retail, hospitality and payments brands including Marriott, Foot Locker, Shake Shack, Engage People, and Castles Technology, will showcase its innovations and partnership announcements this week at NRF in booth #4250.

The event will mark the launch of FreedomPay’s new call to action, Unleash the Power of Pay. As the commerce landscape evolves with new technologies and changing consumer needs, Unleash the Power of Pay introduces the notion of unleashing the power of payments to drive greater customer loyalty, leverage business intelligence insights, and bring value-added services.

“FreedomPay is excited to make a splash at this year’s NRF and to launch Unleash the Power of Pay. The concept is a testament to our award-winning technology and best-in-class partner network that is enabling billions of transactions in more than 75 countries across the globe,” said Tom Durovsik, Founder & CEO of FreedomPay.

As part of its line-up at NRF, FreedomPay will host a roundtable discussion on Monday, January 16 at 10:30AM at booth #4250 with industry influencers Castles Technology, Charter Communications, and Elo Touch, moderated by Dale Laszig of the Green Sheet. The event, Next Level Commerce™: Unleashing the Power of Pay, will focus on the challenges and opportunities across retail, the trends influencing retail’s future, and strategies for merchants to navigate the changing retail sector. Those who would like to attend virtually are encouraged to register here.

FreedomPay also announces the publication of a new industry white paper The Next Level of Global Payments: Unleash the Power of Pay. The report highlights pivotal opportunities for retailers to elevate customer relationships and increase profit margins internationally, outlining strategies for security, safety, speed, simplicity, and customer satisfaction with service across borders. Download now to read the bespoke report.

FreedomPay’s global footprint continues to grow through the power of its partner network and new integrations to allow merchants to Unleash the Power of Pay for their customers. FreedomPay also announced in the days leading up to NRF 2023 new partnerships that will bring its solutions to more merchants around the world.

Moneris Solutions Corporation (“Moneris”), the largest payment processor in Canada*, will now be able to offer its merchants access to FreedomPay’s commerce technology platform, bringing an enhanced checkout experience to millions of shoppers across Canada.

FreedomPay also announced an integration with Flooid, bringing enhanced innovation, choice, and flexibility to retailers around the globe on the Flooid platform.

To learn more about FreedomPay, visit us at NRF booth #4250 or www.freedompay.com.

About FreedomPay

FreedomPay’s Next Level Commerce™ platform transforms existing payment systems and processes from legacy to leading edge. As the premier choice for many of the largest companies across the globe in retail, hospitality, lodging, gaming, sports and entertainment, foodservice, education, healthcare and financial services, FreedomPay’s technology has been purposely built to deliver rock solid performance in the highly complex environment of global commerce. The company maintains a world-class security environment and was first to earn the coveted validation by the PCI Security Standards Council against Point-to-Point Encryption (P2PE/EMV) standard in North America. FreedomPay’s robust solutions across payments, security, identity, and data analytics are available in-store, online and on-mobile and are supported by rapid API adoption. The award winning FreedomPay Commerce Platform operates on a single, unified technology stack across multiple continents allowing enterprises to deliver an innovative Next Level experience on a global scale. www.freedompay.com

*Based on total number of transactions processed in Canada

Jennifer Tayebi
Hill+Knowlton Strategies for FreedomPay
+1 734 395 0780
Jennifer.Tayebi@hkstrategies.com

GlobeNewswire Distribution ID 8729731

Defense Minister, Regional President visit Wisil in Mudug region

Mogadishu Defense Minister of Federal Government of Somalia, Abdukadir Mohamed and Galmudug State President, Ahmed Abdi Kariye visited Wisil area in Mudug region to speed up the fight against Al-Shabaab.

The Minister applauded Galmudug State forces and local forces whose enormous role in the fight to eradicate the Al-Shabab terrorists from the country resulted in more progress.

President Kariye on his side pointed out that the militants have been expelled from the southern region of Mudug, saying the joint forces will continue to fight untill all areas under Al-Shabaab militants cleared out.

On the other hand, Somali National Army backed by Galmudug State forces captured Barag Sheikh Amir location in Galgudud region in the same state today. The Army also arrested Al-Shabaab commander who was identified as Abdi Ali Gadid duirng the operation.

Source: Somali National News Agency

Mogadishu residents enhance reporting of suspicious terrorist elements

Mogadishu- Following President Hassan’s call to the Mogadishu population to identify and report any suspects that have links with Al-Shabaab militants to the authorities on Thursday, January 12, 2023, residents enhanced their collaboration with relevant security agencies by reporting suspicious terrorist element in which they encounter during their routine life.

The President termed residents ‘contribution will help Government succeed in its campaign against the terrorist militant group of Al-Shabaab.

Benadir regional authorities, Police, Security chiefs, and community leaders held a meeting aimed at responding President’s order on implementing strategies to counter terrorism and rooting out terrorist elements in community houses and clothes as the President designated Al-Shabaab militants ‘bedbug’.

These officials underscored the importance of beefing up the security situation in the capital Mogadishu, therefore, Security police started conducting a home-to-home investigation in search of terrorist militant members and suspects linked to the group at houses in districts across the Benadir region this week.

Yesterday, Security forces arrested a woman and seize weapons that she was hiding at her home in Dharkenley district southwest Mogadishu after conducting a planned operation there overnight.

One of the security officers told Somali National News Agency SONNA that they are conducting investigations into the woman and the weapons found in the house, telling they would share results to relevant agencies and courts in the days as soon as possible.

Security analysts say that the residents’ engagement and collaboration with Security agencies and Police on ensuring the capital was good signal, adding that it would bear fruit.

Source: Somali National Agency

Battling Al-Shabaab: The Financial Front in the War on Terror

The Federal Republic of Somalia led by President Hassan Sheikh Mohamud, has launched a concerted efforts to eradicate the pernicious influence of extremist group Al-Shabaab. Central to this strategy has been the targeting of the financial resources of the organization, which has been predicated upon the illicit acquisition of funds through nefarious means. To this end, the government has implemented measures to close a significant number of bank accounts and mobile numbers that were utilized by the group for the transfer of funds.

President Mohamud has been forthright in his condemnation of the group’s use of these funds to perpetuate harm upon the Somali population, and has articulated a clear determination to completely sever their access to financial resources. The Dan-Qaran Government has also issued warnings to the Somali people and merchants to refrain from engaging in any form of economic transaction with the terrorist organization. Additionally, the government has provided a mechanism for members of the public to report any information that may be pertinent to the ongoing efforts to disrupt the group’s financial networks.

These efforts have yielded substantial successes, with the group’s military capabilities being significantly degraded as a result of the disruption of their financial resources. This has enabled the government and local forces to reclaim territory that had been under the control of the extremists, thereby alleviating the suffering of the local population. Furthermore, the government has taken steps to arrest traditional leaders who were in league with the group and has targeted and dismantled the illegal courts that were used by the organization to exert control over the population.

Prime Minister Hamse has emphasized that providing financial support to the group constitutes a criminal act,warning that any individuals found to be involved in such activities will be held accountable. In light of these efforts, it is clear that the group has been severely weakened and that their eventual elimination from areas where they continue to operate within the country is a realistic prospect. This is a significant victory in the ongoing struggle against extremism in Somalia.

Source: Somali National News Agency