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Genpact and Advantage Solutions to Expand Collaboration to Boost Finance and Supply Chain Efficiencies for CPG and Retail Sectors

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Joint clients to benefit from integrated data, technology, gen AI and streamlined processes aimed at enhancing efficiency and competitive advantage

NEW YORK, Aug. 5, 2024 /PRNewswire/ — Genpact (NYSE: G), a global professional services and solutions firm delivering outcomes that shape the future, today announced its intention to expand its strategic alliance with Advantage Solutions (NASDAQ: ADV), a premier provider of business solutions to consumer goods companies and retailers, to address finance and supply chain challenges in the consumer packaged goods (CPG) and retail sectors.

The new collaboration between Genpact and Advantage Solutions is expected to address order-to-cash and supply chain management inefficiencies, including deductions leakage, poor recovery of invalid claims, manual customer service operations, as well as inefficient supply chain planning, logistics and fulfillment. As the collaboration evolves, the companies plan to introduce new solutions aimed at meeting the changing needs in the CPG and retail sectors, ensuring clients benefit from cutting-edge innovations and improved operational efficiencies.

“We plan to combine Advantage Solutions’ expertise in client management and retail connectivity with Genpact’s data, technology, and AI solutions to enable retailers and CPG companies to streamline processes and drive efficiencies,” said Tarun Chopra, Unit Leader, Consumer Goods, Genpact. “In the deductions space, our strong track record in recovering revenue leakage, using advanced analytics and AI, aims to both recover and prevent losses, delivering significant financial gains for our clients.”

Leakage can account for 7% to 10% in lost revenue due to inefficiencies in the deductions process, and Genpact addresses this using advanced data analytics, generative AI, and automation technologies like Genpact Cora to enhance productivity in contract automation, order management, cash applications, and deductions.

Genpact’s and Advantage’s planned solution for supply chain management is expected to include a SaaS-based platform that will digitize order management and trade promotions deductions, enhancing speed, accuracy and customer satisfaction. SMBs (small to midsize businesses) and brands often face challenges with cost-effective, reliable and expedited order-to-cash management.

“Under our new expected collaboration, clients would be able to enjoy enhanced, digitized and automated operations,” said Brandon Thornell, Executive Vice President for Branded Services, Advantage Solutions. “They will be able to harness the power of data, analytics and digital offerings on a global scale, providing both cost efficiencies and growth opportunities. In the supply chain domain, we are committed to optimizing operations through data-driven insights that enhance inventory management, reduce transportation costs and improve demand forecasting.”

For more information on how the Genpact and Advantage Solutions partnership can benefit businesses, visit Genpact’s website or Advantage Solutions’ website.

About Genpact

Genpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose – the relentless pursuit of a world that works better for people – we serve and transform leading enterprises, including the Fortune Global 500, with our deep business and industry knowledge, digital operations services, and expertise in data, technology, and AI. 

Get to know us at genpact.com and on LinkedInXYouTube, and Facebook

Safe Harbor

This press release contains certain statements concerning Genpact’s future expectations, plans and prospects that constitute forward-looking statements, as defined in the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, you can identify these statements by forward-looking terms such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “could,” “may,” “shall,” “will,” “would” and variations of such words and similar expressions, or the negative of such words or similar expressions. These statements are only predictions based on our current expectations and projections about future events. These risks, uncertainties and other factors include but are not limited to the risks detailed in our reports filed with the U.S. Securities and Exchange Commission, including Genpact’s Annual Report on Form 10-K. These filings are available at www.sec.gov. Although Genpact believes that these forward-looking statements are based on reasonable assumptions, you are cautioned not to put undue reliance on these forward-looking statements, which reflect management’s current analysis of future events and should not be relied upon as representing management’s expectations or beliefs as of any date subsequent to the time they are made. Genpact undertakes no obligation to update any forward-looking statements that may be made from time to time by or on behalf of Genpact.

MEDIA CONTACT:

Sue Martenson
Genpact Media Relations
+1 978 905 9582
susan.martenson@genpact.com

 

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SOURCE Genpact Ltd.

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Markets Show Resilience Ahead of End-of-Year Options Expirations: Bybit x Block Scholes Crypto Derivatives Report

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DUBAI, UAE, Dec. 26, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, released the latest Crypto Derivatives Analytics Report in collaboration with Block Scholes, highlighting the muted market volatility despite major options expirations on Friday. BTC and ETH‘s realized volatility has increased, but short-term options haven’t adjusted to this change. This indicates that while spot prices are fluctuating, the options market is not fully reacting to these shifts, although BTC and ETH volumes have displayed slightly different patterns.

With more than $525 million in BTC and ETH options contracts expiring on Dec 27, 2024’s end-of-year options expiration looks set to be one of the biggest yet, yet expectations for volatility have remained subdued. The report highlights an unusual inversion in ETH‘s volatility structure, but BTC has not mirrored the reaction. Additionally, a change in funding rates—sometimes turning negative as spot prices drop—signals a new market phase. Notably, BTC’s volatility structure has been less responsive to changes in spot prices, whereas ETH‘s short-term options are exhibiting more noticeable fluctuations.

Key Findings:

BTC Options Expirations:

In the past month, BTC’s realized volatility has been higher than implied volatility on three occasions, each time reaching a relatively calm equilibrium. Open interest in BTC options remains high, contributing to potential increased volatility as we near the end of the year. Around $360 million worth of BTC options (both puts and calls) are set to expire soon, which can affect price movement.

ETH Options: Calls Dominate

Despite a mid-week inversion, ETH‘s volatility term structure has flattened, maintaining levels similar to those seen over the past month. In the final week of 2024, calls overwhelmed puts in open interest in ETH options, although market movements and trading activities are more on the put side. 

Access the Full Report:

Gain deeper insights and explore the potential impacts on your crypto trading strategies by downloading the full report here: Bybit X Block Scholes Crypto Derivatives Analytics Report (Dec 24, 2024)

#Bybit / #BybitResearch

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For media inquiries, please contact: media@bybit.com

For more information, please visit: https://www.bybit.com

For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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SOURCE Bybit

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Simple Exit Notifier Plugin Launches to Improve Compliance and User Transparency

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The newly launched Simple Exit Notifier plugin helps WordPress site owners meet compliance requirements and improve user transparency with customizable external link notifications.

LOS ANGELES, Dec. 26, 2024 /PRNewswire-PRWeb/ — WordPress site owners have struggled to find reliable tools for external link notifications in industries where compliance and user transparency are critical. Recognizing this need, Artin Hovhanesian, veteran web developer and founder of CHRS Interactive, and his team launched Simple Exit Notifier—a free plugin now available on WordPress.org. This lightweight and customizable solution helps site owners meet compliance recommendations by notifying users when they are about to leave a website.

Simple Exit Notifier was built with site owners in mind—a straightforward yet powerful tool to ensure compliance, build trust, and elevate the user experience.

With many existing plugins either outdated or discontinued due to security issues, Simple Exit Notifier fills a critical gap. Whether used to adhere to industry guidelines or build trust with users, this tool simplifies managing external links and enhances the user experience.

**Designed for Compliance and Trust**

Simple Exit Notifier is an intuitive and effective solution that addresses the challenges of notifying users about external links. By ensuring transparency, it empowers businesses to maintain trust and meet compliance requirements.

**Key Features**

Customizable Notifications: Personalize the popup heading, message, and button texts to align with your branding or compliance needs.CSS Class Exceptions: Easily exclude specific links by applying a designated CSS class.Support for HTTP and HTTPS Links: Works seamlessly with all external links, regardless of protocol.Tab Compatibility: Ensures smooth functionality for links that open in either the same or a new tab.

The plugin is tailored to meet the needs of diverse WordPress users, from small business owners to developers managing complex, compliance-heavy websites.

**Future Enhancements in Development**

The CHRS Interactive team is actively working on new features to make Simple Exit Notifier even more powerful, including:

Styling customization options for a more branded look.Conditional content to display notifications based on user geo-location or other parameters.Visual Indicators to enhance user awareness with clear cues for external links.

**The Inspiration Behind Simple Exit Notifier**

The idea for Simple Exit Notifier stemmed from a common problem: industries often recommend notifying users when they leave a website, yet no reliable solutions exist. Many plugins were outdated or removed due to security concerns, leaving WordPress users without options. Simple Exit Notifier was created to address this gap with a secure, easy-to-use, and actively maintained solution.

**Download Simple Exit Notifier Today**

Simple Exit Notifier is available for free on WordPress.org. To learn more, visit the plugin’s page or contact CHRS Interactive for additional details.

Media Contact

Artin Hovhanesian, CHRS Interactive LLC, 1 818-568-4798, hello@chrsinteractive.com, https://www.chrsinteractive.com/

Artin Hovhanesian, CHRS Interactive LLC, 1 818-568-4798, hello@chrsinteractive.com, CHRS Interactive LLC

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SOURCE CHRS Interactive LLC

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Snail Games Celebrates Major Expansions for ARK Franchise with Launch of ARK: Ultimate Mobile Edition, ARK: Extinction Ascended, and Bob’s Tall Tales: Wasteland War

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 1 million mobile player downloads in 24 hours and a 62% DAU Surge for ARK: Survival Ascended on Steam During Extinction’s Launch Weekend

CULVER CITY, Calif., Dec. 26, 2024 /PRNewswire/ — Snail, Inc. (Nasdaq: SNAL) (“Snail Games” or the “Company”), a leading global independent developer and publisher of interactive digital entertainment, is pleased to announce that its subsidiary, Snail Games USA, in collaboration with Studio Wildcard, and Grove Street Games, marks a significant moment in the expansion of the ARK franchise with the launch of ARK: Ultimate Mobile Edition worldwide on App Store® and Google Play Store™ and two major updates for ARK: Extinction Ascended and Bob’s Tall Tales: Wasteland War. These releases underscore Snail Games’ commitment to growing the ARK ecosystem and offering new opportunities to engage an ever-expanding global audience.

ARK: Ultimate Mobile Edition

Available now on the App Store® and Google Play Store™, ARK: Ultimate Mobile Edition delivers a complete dinosaur survival experience tailored for mobile devices. This new free adaptation includes the massive content from PC and console versions of ARK: Survival Evolved and its acclaimed Expansion Packs—Scorched Earth, Aberration, Extinction, Genesis Parts 1 & 2, and fan-favorite maps like Ragnarok. With its debut, players can explore massive worlds, tame and train over 150 dinosaurs, and build and craft in an expansive multiplayer environment. The title also introduces the ARK Pass, a subscription-based service offering exclusive perks, including monthly bonuses, expanded access to in-game content, and the ability to unlock all current and future expansions. Within just 24 hours of launch ARK: Ultimate Mobile Edition had 1 million downloads and was listed on the Apple store’s “New Games We Love”. ARK: Ultimate Mobile Edition aims to expand the reach of the ARK franchise making the game more accessible to gamers around the globe.
Watch the gameplay trailer here!

ARK: Extinction Ascended

For PC and console players, ARK: Survival Ascended expands with the launch of Extinction Ascended, the final chapter in the ARK storyline. Returning players to Earth, this update challenges survivors to defeat massive roaming Titans and uncover the mysteries of the ARKs’ origin. The addition of the Dreadnoughtus, ARK’s newest community-voted creature, introduces new strategic gameplay opportunities with its immense size, strength, and disruptive abilities. Extinction Ascended enriches the ARK: Survival Ascended experience with new tameable creatures, unique structures, and gameplay mechanics, enhancing the game’s long-term appeal across platforms.

The highly anticipated conclusion to the Bob’s Tall Tales trilogy also launched, bringing narrative-driven adventures and innovative gameplay mechanics. With the introduction of modular BattleRigs and over 10,000 customization options, Wasteland War redefines the survival gameplay experience. Additionally, the loyal Armadoggo companion and new wasteland-themed weapons and structures add depth and replayability. ASA celebrated the launch weekend of ARK: Extinction Ascended and Bob’s Tall Tales: Wasteland War with its biggest sale yet—40% off during Steam’s Winter Sale—driving a 62% surge in Daily Active Users on Steam! The sale continues until January 2, 2025!

Watch the trailer here!

By expanding the reach of ARK: Survival Evolved through mobile adaptations and advancing ARK: Survival Ascended with substantial updates, the franchise remains a keystone title in Snail Games’ growth strategy.

In addition to these major launches, Snail Games is participating in the Steam Winter Sale. This seasonal event is the perfect chance for longtime ARK fans to complete their collections at unbeatable prices and for new players to explore the ARK franchise and discover other Snail titles with incredible discounts during the Steam winter sale, including PixARK at 75% off, Bellwright at 10% off, and Survivor Mercs and West Hunt at 50% off, until January 2, 2025.

For creators interested in covering the game please reach out to creatordirect@noiz.gg

ABOUT SNAIL GAMES

Snail is a leading, global independent developer and publisher of interactive digital entertainment for consumers around the world, with a premier portfolio of premium games designed for use on a variety of platforms, including consoles, PCs and mobile devices. https://www.snailgamesusa.com/ 

ABOUT STUDIO WILDCARD

Since revealing its flagship game ARK: Survival Evolved in 2015, Studio Wildcard has tirelessly strived to bring its dinosaur-filled vision to the masses. With millions of players worldwide, the team has delivered an amazing amount of new content and leveraged cutting-edge technology to keep fans engaged. With a transmedia universe, the ARK story can be discovered on all gaming platforms, within spin-off titles, and now as a new epic narrative featuring a star-studded cast in ARK: The Animated Series on Paramount+. www.studiowildcard.com 

ABOUT GROVE STREET GAMES

Located in Gainesville, FL, Grove Street Games has been an influential game developer since 2007. They have delighted fans of the world’s greatest games with bold interpretations on new platforms, and have delivered fresh and original games to millions of happy players. They have grown to be a leader in the industry because of their commitment to building incredible and accessible gaming experiences. Their games can be found worldwide across all major gaming devices, including consoles, PC, and mobile. www.grovestreetgames.com

Forward-Looking Statements

This press release contains statements that constitute forward-looking statements. Many of the forward-looking statements contained in this press release can be identified by the use of forward-looking words such as “anticipate,” “believe,” “could,” “expect,” “should,” “plan,” “intend,” “may,” “predict,” “continue,” “estimate” and “potential,” or the negative of these terms or other similar expressions. Forward-looking statements appear in a number of places in this press release and include, but are not limited to, statements regarding Snail Games USA, in collaboration with Studio Wildcard, and Grove Street Games, marks a significant moment in the expansion of the ARK franchise, which releases underscore Snail Games’ commitment to growing the ARK ecosystem and offering new opportunities to engage an ever-expanding global audience. The Company is aiming to expand the reach of the ARK franchise making the game more accessible to gamers around the globe. You should carefully consider the risks and uncertainties described in the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, which was filed by the Company with the SEC on April 1, 2024 and other documents filed by the Company from time to time with the SEC, including the Company’s Forms 10-Q filed with the SEC. The Company does not undertake or accept any obligation 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.

Contacts:
Investors:
investors@snail.com
Press:
media@snail.com 

View original content:https://www.prnewswire.com/news-releases/snail-games-celebrates-major-expansions-for-ark-franchise-with-launch-of-ark-ultimate-mobile-edition-ark-extinction-ascended-and-bobs-tall-tales-wasteland-war-302339298.html

SOURCE Snail, Inc.

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