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RD Technologies and LianLian Global Partner on Revolutionizing Cross-Border Transactions with Stablecoin

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HONG KONG, Aug. 27, 2024 /PRNewswire/ — RD Technologies announced today that it has reached an intent of cooperation with LianLian Global, to streamline and enhance cross-border transactions through the use of stablecoins. The partnership will leverage LianLian Global’s vast network and RD’s stablecoin to deliver a settlement network that is expected to enhance transaction speed and reduce costs.

Based in Hong Kong and facing the world, RD Technologies’ mission is to facilitate cross-border trade and financial transactions through the provision of efficient, safe, and innovative payment solutions for businesses. RD Technologies aims to contribute to the development of Hong Kong as a trade and financial hub in Asia through the use of Web2 and Web3 technologies.

LianLian Global is one of the leading cross-border payments company that helps eCommerce companies operate more effectively across the globe. With the utilization of HKDR, businesses within LianLian Global’s ecosystem will gain enhanced efficiencies in both cost and speed by using blockchain technology to settle cross-border transactions.

Rita Liu, Chief Executive Officer of RD Technologies, highlighted, “Today’s collaboration with LianLian Global marks RD Technologies’ ongoing commitment to expanding the future adoption of HKDR in cross-border payments. We look forward to the positive impact this collaboration will have on the broader market and the advancement of the Web3 ecosystem.”

About RD Technologies:

RD Technologies Group (RD Technologies) deploys innovative Fintech solutions to connect the business world by trust. RD Technologies is a unique financial platform that connects the Web2 and Web3 world and market participants, which was launched in November 2023, and Hong Kong Dollar stablecoins to be tested shortly under the HKMA sandbox. Based in Hong Kong and facing the world, RD Technologies’ mission is to facilitate cross-border trade and financial transactions through the provision of efficient, safe, and innovative payment solutions for businesses, thereby contributing to the development of Hong Kong as a trade and financial hub in Asia.

The world of Web3 holds great promise for the future, and stablecoins play a crucial role in this evolving landscape. RD Technologies plans to engage regulated exchanges globally as well as payment partners to enable more cost and time-efficient cross-border payments and settlements. By leveraging our strong partnerships with licensed financial institutions, RD Technologies aims to drive the mainstream adoption of HKDR. Additionally, RD Technologies will develop innovative use cases that showcase the benefits of compliance, ensuring the safety and security of HKDR to all its users.

For details: https://rd.group

About HKD Stablecoin (HKDR):

On 18 July 2024, RD Technologies disclosed that its subsidiary, RD InnoTech Limited, was admitted to the stablecoin issuer sandbox of the Hong Kong Monetary Authority (HKMA). RD Technologies will be conducting testing for various use cases of its proprietary Hong Kong Dollar Stablecoin (HKDR).

HKDR is the Hong Kong Dollar stablecoin that RD Technologies is exploring to launch. HKDR’s value will be 1:1 in Hong Kong dollars, and its backing reserves will be made up of high-quality, highly liquid assets safe-kept in a segregated custody account with licensed financial institutions. Details of the reserves will be available to the public through independent third-party attestation reports published on a regular basis.

For details: https://rd.group/hkdr

About LianLian Global:

LianLian Global, as a core brand of Lianlian Digitech, is a comprehensive and innovative enterprise in cross-border finance and services in China. With strong compliance strength and technological innovation capabilities, LianLian Global has built a global financial network to reach the world and a trade service network to cover the entire life cycle of merchants. Focusing on the core needs of cross-border enterprises, LianLian Global, together with industry eco-partners, has created a one-stop cross-border trade service platform that integrates store opening assistance, global funds collection, global acquiring, global payout, Lianlian FX[1], Lianlian financing service platform[2], tax refund assistance and other services to help Chinese brands expand their overseas markets. 

[1] The exchange rate of LianLian Global FX business is provided by partner banks

[2] The financing products and corresponding contents displayed on the Lianlian financing service platform are provided by relevant licensed institutions

View original content:https://www.prnewswire.com/news-releases/rd-technologies-and-lianlian-global-partner-on-revolutionizing-cross-border-transactions-with-stablecoin-302231223.html

SOURCE RD Technologies

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Madison Liquidators Launches Office Essentials to Highlight Necessities Nationwide

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MADISON, Wis., Jan. 7, 2025 /PRNewswire/ — Madison Liquidators, a trusted name in online office furniture solutions, is excited to announce the launch of its Office Essentials campaign, a targeted initiative to help businesses and individuals create productive, ergonomic, and stylish work environments. The Office Essentials campaign focuses on providing high-quality, affordable office furniture basics tailored to the needs of modern workplaces. Madison Liquidators aims to simplify the shopping experience for office must-haves while delivering exceptional value to customers.

Some of the major highlights of the Office Essentials Campaign will include curated product lines, special promotions, as well as expert guidance. Curated product lines feature handpicked selections of office desks, chairs, storage solutions, and accessories from top brand partners. Expert guidance will be the crowning force in the essentials campaign as Madison Liquidators has always prioritized customer service. With this in mind, the expert guidance focus of the campaign offers personalized support from the company’s customer support team to help shoppers find the perfect solutions for their space and budget.

The Office Essentials campaign is an excellent time for businesses large and small to optimize their office space with everything they need to create a productive office space. This means the campaign will feature common items such as l-shape desks, ergonomic office chairs, storage cabinets, and conference tables. This will provide offices not only an incentive to update their spaces with quality office furniture but also to help new businesses understand other items necessary to office productivity like monitor arms, laptop stands, desk accessories, and keyboard trays.

The Office Essentials campaign is live now, with new products and deals updated on the Madison Liquidators website. The homepage has a tab dedicated to Office Essentials for shoppers to quickly navigate the essentials.  Since 2015, Madison Liquidators has been a leading provider of office furniture and solutions, offering a vast inventory of high-quality products to businesses and individuals nationwide. Known for its dedicated customer service, Madison Liquidators is dedicated to enhancing workspaces with furniture that marries efficiency with employee comfort and well-being.

View original content to download multimedia:https://www.prnewswire.com/news-releases/madison-liquidators-launches-office-essentials-to-highlight-necessities-nationwide-302344359.html

SOURCE Madison Liquidators

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BSI Financial Services SVP Allen Price Joins IMN Home Equity Investment Advisory Board

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IRVING, Texas, Jan. 7, 2025 /PRNewswire/ — BSI Financial Services, a national mortgage fintech platform, today announced that Allen Price has been selected to join the IMN Home Equity Investment Advisory Board. Price, who serves as senior vice president of sales, client and transaction management at BSI Financial Services, is the first mortgage servicing executive appointed to the Board.

The IMN Home Equity Investment Advisory Board is comprised of thought leaders and key stakeholders from servicing, capital markets, HEI originations and rating agency organizations who are dedicated to advancing the primary and secondary markets through innovation and strategic collaboration. Price’s position on the Advisory Board reflects BSI Financial’s growing prominence in the HEI space. BSI is a rated servicer that provides both full and backup servicing and asset management for rated and non-rated HEI backed securitizations, as well as non-securitized HEI assets. BSI Financial also services traditional home equity lines of credit (HELOC) and closed-end second lien loan products.

“I am deeply honored to join the IMN Home Equity Investment Advisory Board and to collaborate with such an accomplished group of mortgage and capital markets professionals,” Price said. “This opportunity allows me to continue to provide thought leadership and innovation to this very important and growing sector while bringing to the table BSI Financial’s unique perspective and expertise in servicing HEI assets.”

BSI Financial’s proprietary technology stack, including Libretto and BSI ASSET360, differentiates the company from other servicers. Libretto automates daily quality control, reducing processing errors and identifying potential issues before they impact customers. BSI ASSET360 provides lenders and investors with real-time visibility into asset status and performance. These systems help build consumer, originator, regulatory and investor confidence in the growing HEI sector.

BSI Financial has experienced substantial growth in its servicing portfolio of HEI assets. The company now services approximately $2.1 billion in unpaid principle balances across 22,000 units, establishing itself as a servicing industry leader in the home equity investment asset class.  

“Building world-class servicing operational processes to support the unique and bespoke nature of HEI assets that will provide homeowners with greater financial flexibility is exactly what BSI is all about,” said Harold Lewis, President and COO of BSI Financial Services.

For more information about BSI Financial Services and its contributions to the HEI market, visit https://bsifinancial.com/lender_landing_hei.html.

About BSI Financial Services 
BSI Financial Services is leading the evolution of mortgage servicing for originators, investors, and homeowners using a mortgage fintech platform. The company brings together a talented team with long mortgage industry expertise, scalable digital capabilities, and deep regulatory understanding. BSI Financial is one of the fastest-growing mortgage servicers across the industry and currently services nearly $50 billion in mortgages. The company is approved as a servicer by Fannie Mae, Freddie Mac, FHA, VA, and USDA, approved as an issuer by Ginnie Mae, and rated by S&P, Fitch and DBRS as a servicer. For more information, visit www.bsifinancial.com

PRESS CONTACT FOR BSI:
Mary McGarity
Strategic Vantage Marketing & Public Relations
203-260-5476
MaryMcGarity@StrategicVantage.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/bsi-financial-services-svp-allen-price-joins-imn-home-equity-investment-advisory-board-302343709.html

SOURCE BSI Financial Services

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BLAZE® POS Integrates with Sage to Streamline Accounting for Enterprise Cannabis Retailers

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Streamlining Cannabis Retail Accounting with Automation and Real-Time Financial Insights

LOS ANGELES, Jan. 7, 2025 /PRNewswire/ — BLAZE®, a leading cannabis software platform, announces its integration with Sage, the leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses. This integration enables efficient accounting workflows and enhanced financial visibility across several retail locations.

With this integration, cannabis retailers can complete daily accounting tasks with just a few clicks. The integration, facilitated by Alembic Computer Services, Inc.’s software connector, also provides detailed, store-level financial data across multiple states, empowering enterprise retailers to make informed decisions and scale effectively.

Completed purchase orders are seamlessly converted into vendor bills, with new vendors automatically added to the system. Daily sales and COGS data are mapped by product type and synced directly to Sage Intacct, ensuring accurate financial records while saving time and reducing errors.

Key Benefits of the Integration:

Simplify Daily Accounting: Automate transaction postings and reconciliations to streamline workflows.Location-Based Insights: Offers detailed views of financial performance across individual stores.Compliance-Ready Reporting: Ensures accuracy and meets regulatory requirements.

“Cannabis retail enterprises face unique accounting challenges as they scale,” said Chris Violas, CEO of BLAZE. “Our integration with Sage Intacct is a key part of our vision to empower enterprise cannabis retailers with seamless tools for managing their bookkeeping. By implementing automation, we’re providing businesses with a faster, more efficient way to close their books, enabling them to focus on growth and delivering exceptional customer experiences.”

This collaboration highlights BLAZE’s commitment to providing innovative tools that meet the evolving needs of the cannabis industry.

For more information, visit the BLAZE + Sage Integration Page

About BLAZE®
Founded in 2015 by technology and cannabis entrepreneurs, BLAZE powers cannabis retail operations with intuitive technology solutions. The award-winning BLAZE software suite provides point-of-sale, delivery, e-commerce, mobile apps, and integrated payments to cannabis retailers across North America. Built for enterprise-level retailers, BLAZE continues to set the gold standard for customer service and innovation. BLAZE has ranked in the Inc. 5000 Fastest Growing Private Companies in 2023 and 2024 and recently received the Kind Award for Best POS in Canada and a Cannatech Innovation Award for Scan to Shop.

Contact: Press@blaze.me

View original content to download multimedia:https://www.prnewswire.com/news-releases/blaze-pos-integrates-with-sage-to-streamline-accounting-for-enterprise-cannabis-retailers-302344036.html

SOURCE BLAZE

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