May 21, 2019

Mastercard has entered an agreement with mobile phone giant Samsung to explore ways to secure digital identity that do not rely heavily on passwords and personal information.

"Our digital and physical lives are merging and we need a digital identity solution that reflects this reality," Ajay Bhalla, Mastercard president of cyber and intelligence, said in a press release. "Without control over how their data is used, people rely on outdated systems that can compromise their security."

The company said that consumers soon will be able to use a digital identity method for their devices that works for both the physical and digital interactions. This method would be used for everything from accessing email to opening a bank account, shopping online or watching streaming video.

"At Samsung, we believe consumers should be in complete control of the privacy and security of their personal identity and we're excited to work with Mastercard to bring the first digital identity solution to Samsung smartphones," said Yongje Kim, executive vice president and head of service business office at Samsung Electronics mobile division.

Topics: Card Brands, Handsets / Devices, Mobile Banking, Mobile Payments, Security

Companies: Samsung, MasterCard

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May 20, 2019

Postmates, the on-demand delivery firm, has announced that its first national television ad campaign will feature celebrity home improvement expert Martha Stewart, who will describe how the company can help improve life in the kitchen.

The campaign was developed by Mother Los Angeles, the recently announced creative agency of record for Postmates. The spots were directed by Andreas Nilsson.

"We are delighted to unveil the second phase of our new campaign we call 'Postmate It,' featuring Martha Stewart," Eric Edge, Postmates senior vice president of marketing and communications, said in a press release. "This campaign is meant to show how Postmates fit into our customers' everyday lives — in a humorous and memorable way."

The campaign shows Stewart on television demonstrating various recipes in the kitchen while a viewer tries to keep up with the on-camera instructions. Stewart finally suggests that the struggling fan just "Postmate It."

The campaign will launch during the summer, and and will feature out-of-home placements, social video and a number of radio spots in Postmates markets across the country.

San Francisco-based Postmates works with more than 500,000 restaurants, groceries and convenience stores in more than 3,500 cities in the U.S. and Mexico, the release said.

Topics: Mobile Apps, Mobile Marketing, Restaurants

Companies: Postmates

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May 20, 2019

Toast Inc. has announced that several companies will join its partner ecosystem, including Appfront, Como, Envysion, Homebase, PourMyBeer, Say2Eat and UT&I Solutions. This will bring to 70 the total number of partners whom Toast is now helping to enhance the restaurant guest experience and streamline in-house operations for restaurant customers of all sizes.

"At Toast we're passionate about providing our restaurant community with access to an open ecosystem of leading technology applications that are certified to work with Toast point of sale," Toast co-founder and president Aman Narang said in a company release.

Among the new partner firms, three specialize in enhancing the guest experience:

The remaining companies focus on helping restaurants streamline operations:

Topics: POS, Restaurants, Technology Providers

Companies: Toast, Inc.

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May 20, 2019

Modulr, a payments-as-a-service platform for digital businesses, said it raised $17.8 million in funding led by Frog Capital.

Existing investor Blenheim Chalcot participated in the round and the new investment brings the total amount that Modulr has raised to date to $31.2 million (24.5 million pounds).

The company said the funding will be used to grow its existing teams of employees in London and Edinburgh, Scotland, which are two of the leading fintech hubs in the region. The company will use its recently opened Dublin office as a hub for additional expansion of its European business.

"We’re extremely pleased to have completed our latest funding round, led by Frog Capital, and to have found a like-minded investor to work closely with the leadership team and our existing lead investor, Blenheim Chalcot, to pursue the significant global opportunity for our business," Miles Stephenson, chief executive at Modulr, said in a company release.

He said the company has processed more than $12.7 billion during the first two years of existence, since early 2017. The new investment will allow it to take the next step to become the leading digital alternative for payments in the wholesale and commercial payments arena.

The company in February reached an agreement with travel technology firm Paxport, to provide payments solutions for tour operators and online travel agencies. Modulr also entered an agreement with Sage to automate salary and supplier payments.

Topics: Mobile Payments, Region: EMEA, Technology Providers

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