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Cathay United Bank Singapore Branch Signs First Green Trade Loan With Apeiron to Boost Low Carbon Transport – A New Green Finance Milestone

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SINGAPORE, Feb. 19, 2024 /PRNewswire/ — Cathay United Bank(CUB) Singapore Branch saw its long-term commitment to green finance bear fruit in the final quarter last year after it closed a green trade loan deal with Apeiron Bioenergy (Apeiron), a leading player in Singapore’s sustainable energy sector. The entire loan proceeds will support Apeiron’s procurement of used cooking oil (UCO) for the production of sustainable aviation fuel (SAF), thereby demonstrating CUB’s resolve to advance net zero sustainability.

As the transport hub of Southeast Asia and one of Asia’s major financial centers, Singapore has spared no effort in promoting the Singapore Sustainable Air Hub Blueprint as well as clean energy for the aviation industry. In comparison to traditional aviation fuel, SAF has the potential to reduce carbon dioxide emissions in the air transport industry by up to 80%, thus making energy management all the more efficient. As the first bank in Taiwan to sign the Equator Principles, CUB is deeply committed to the UN Sustainable Development Goals, and has assisted its customers in their low carbon transition through diverse financial services. As of the end of 2023, the balance of CUB’s sustainable loans to customers at home and abroad reached an astounding USD 1.99 billion.   

Apeiron is actively developing various biofuel solutions. Headquartered in Singapore, Apeiron’s operations span across 10 countries, featuring a comprehensive value chain that includes storage, processing facilities, and biofuel refineries. Since 2017, Apeiron has supplied over 600 million litres of UCO for the production of biodiesel and renewable diesel, including SAFs, which has contributed to an estimated savings of 1.8 million tonnes of greenhouse gas emissions. In addition, Apeiron places a strong emphasis on traceability and adheres to stringent ecological and social criteria, thus ensuring traceability within the bioenergy sector. Apeiron’s commitment to excellence is reflected in its green trade loan with CUB: the green trade loan was structured according to the Green Loan Principles published by the Asia Pacific Loan Market Association, Loan Market Association, and Loan Syndications and Trading Association; and the company’s Green Financing Framework endorsed by Morningstar Sustainalytics, thereby ensuring proper management of the loan proceeds.

CUB is dedicated to creating a low-carbon economy, partnering with external institutions and actively engaging in carbon reduction initiatives. Maximizing the full extent of its core financial capabilities and influence, CUB has developed comprehensive climate finance solutions that offer customers green sustainable loans and support in building sustainable supply chains. Together, these efforts lower the threshold for customers seeking to reduce carbon emissions and assists them in developing net-zero businesses.

 

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SOURCE Cathay United Bank

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Made4net and Gather AI Partner to Enhance Supply Chain Accuracy and Efficiency

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WMS and AI-driven drone inventory technology streamline warehouse operations, improve inventory accuracy, and reduce costs

TEANECK, N.J., Jan. 15, 2025 /PRNewswire/ — Made4net, a global provider of cloud-based Warehouse Management Systems (WMS) & end-to-end supply chain execution software, and inventory intelligence solution Gather AI, are proud to announce their partnership. Together, the two companies deliver innovative inventory management solutions that empower joint customers like Barrett Distribution Centers and Taylor Logistics with WMS and AI-driven drone inventory technology to streamline operations, improve inventory accuracy, and reduce costs.

Joint customer, Barrett Distribution Centers, demonstrates the transformative impact of the Made4net and Gather AI partnership. By utilizing Gather AI’s advanced AI-based drone inventory technology with Made4net’s 3PL warehouse management system, Synapse 3PLExpert WMS, Barrett ensures unparalleled inventory accuracy for Stadium Goods, a consignment e-tailer specializing in high-value sneakers. The drones, equipped with computer image AI-driven software, autonomously scan and verify the placement of 500,000 pairs of shoes stored across complex warehouse layouts.

Similarly, Taylor Logistics has achieved faster and more cost-effective cycle counts for cases and pallets using the Gather AI solution in conjunction with Synapse 3PLExpert WMS. By automating inventory data collection and seamlessly syncing it back into the WMS, Taylor ensures real-time accuracy while optimizing operational efficiency.

“Partnering with Gather AI reinforces Made4net’s commitment to continue introducing innovative technology and delivering state-of-the-art solutions that drive supply chain excellence,” said Amit Levy, EVP of Sales and Strategy at Made4net. “By combining our robust WMS capabilities with Gather AI’s cutting-edge inventory intelligence technology, we’re helping our customers achieve new levels of accuracy, efficiency, and cost savings.”

“Gather AI’s mission is to empower warehouses with actionable insights that reduce costs and improve operations,” said Sankalp Arora, Ph.D., CEO & Co-Founder of Gather AI. “Collaborating with Made4net enables us to bring these benefits to more customers, helping them stay competitive in today’s fast-paced logistics landscape.”

About Made4net
Made4net is a leading global provider of best-in-class, cloud-based supply chain execution and warehouse management solutions for organizations of all sizes to improve the speed and efficiency of their supply chain. Visit www.made4net.com to learn more.

About Gather AI
Pittsburgh-based Gather AI is a market leader in supply chain AI to decrease the cost of inventory, improve productivity, and boost revenue. Visit www.gather.ai to learn more.

View original content to download multimedia:https://www.prnewswire.com/news-releases/made4net-and-gather-ai-partner-to-enhance-supply-chain-accuracy-and-efficiency-302352278.html

SOURCE Made4net, LLC

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ADP Declares Regular Quarterly Dividend

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ROSELAND, N.J., Jan. 15, 2025 /PRNewswire/ — The board of directors of Automatic Data Processing, Inc. (Nasdaq: ADP) has declared a regular quarterly dividend of $1.54 per share payable April 1, 2025 to shareholders of record on March 14, 2025.

About ADP (NASDAQ – ADP)
Designing better ways to work through cutting-edge products, premium services and exceptional experiences that enable people to reach their full potential.  HR, Talent, Time Management, Benefits and Payroll.  Informed by data and designed for people.  Learn more at ADP.com

ADP, the ADP logo, and Always Designing for People are trademarks of ADP, Inc.

Copyright © 2025 ADP, Inc. All rights reserved.

ADP – Investor Relations

Investor Relations Contacts: 
Matthew Keating, CFA
973.974.3037
Matthew.Keating@adp.com

ADP – Media

Media Contact:
Allyce Hackmann
201.400.4583
Allyce.Hackmann@adp.com

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/adp-declares-regular-quarterly-dividend-302352281.html

SOURCE ADP – IR

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CobbleStone Software Announces 2025 Roadshow for Client CLM Training

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CobbleStone Software announces its 2025 Roadshow, “Fostering Your Future Through Industry-Leading CLM.”

PRINCETON, N.J., Jan. 15, 2025 /PRNewswire-PRWeb/ — CobbleStone Software – a recognized Leader in contract lifecycle management (CLM) according to the SPARK Matrix™ Report – is excited to announce its 2025 Roadshow for clients, “Fostering Your Future Through Industry-Leading CLM.” This immersive training will provide personalized learning, hands-on practice, and actionable insights for users of CobbleStone Contract Insight® contract management and eProcurement software.

“Through this event, we aim to provide a collaborative learning environment that encourages clients to navigate the complexities of contract management with ease and confidence using CobbleStone Contract Insight.” – Bradford Jones, VP of Sales & Marketing at CobbleStone

Improper or outdated contract management methods make operations difficult – and contract managers are feeling the heat. According to a World Commerce & Contracting survey of its members, 84 percent experience pressure for contract simplification (1). Thankfully, a strong contract management software solution that also supports continued learning and mastery can foster contract automation and a more straightforward process.

Such is the purpose of CobbleStone’s 2025 Roadshow for client training: to go above and beyond just providing an award-winning contract management solution and continue equipping contract managers with its widely praised learning and practice resources.

CobbleStone clients are encouraged to sign up for this can’t-miss CLM event with the following locations and dates:

> Orlando, Florida on April 25th

> Chicago, Illinois on May 16th

> Los Angeles, California on September 26th

> Dallas, Texas on October 24th

Click here to learn more and/or register for the event!

“Our 2025 Roadshow reflects our commitment to fostering client empowerment and equipping our users with the tools and knowledge needed to succeed,” says Bradford Jones, VP of Sales and Marketing at CobbleStone Software.

“Through this event, we aim to provide a collaborative learning environment that encourages clients to navigate the complexities of contract management with ease and confidence using CobbleStone Contract Insight.”

Contact CobbleStone Software for a free demo.

For more information, email Sales@CobbleStoneSoftware.com or call 866-330-0056.

About CobbleStone Software:

CobbleStone Software is a celebrated leader in contract management software solutions whose flagship CLM software solution – CobbleStone Contract Insight – expedites contract management, vendor management, eProcurement, and eSourcing processes while offering seamless integrations, ease-of-use, and high scalability. CobbleStone’s contract lifecycle management solutions provide simplified contract and vendor tracking, highly configurable email alerts, user-friendly calendar notifications, intelligent contract workflow automation, highly robust security options, streamlined authoring of contract templates with dynamic clauses, centralized revenue/cost management, detailed text indexing and searching, future-minded vendor/client ratings, robust document version control, custom contract management reports, speedy IntelliSign® electronic signatures, more intelligent contracts with VISDOM® artificial intelligence and machine learning, and more.

Follow CobbleStone Software on social media:
> LinkedIn
> X
> Facebook
> YouTube

To stay up to date on contract lifecycle management industry trends and news, subscribe to CobbleStone’s Contract Insights blog.

Media Contact

Sean Heck, CobbleStone Software, 866-330-0056, Marketing@CobbleStoneSoftware.com, https://www.cobblestonesoftware.com/

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View original content to download multimedia:https://www.prweb.com/releases/cobblestone-software-announces-2025-roadshow-for-client-clm-training-302352144.html

SOURCE CobbleStone Software

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