Technology

University of New Hampshire and Plymouth State University to Offer Real-Time Acceptance and Scholarships via Direct Admissions

Published

5 hours ago

September 30, 2024

Will participate in Niche Direct Admissions® to provide a simplified admissions process

CONCORD, N.H., Sept. 30, 2024 /PRNewswire/ — The University of New Hampshire (UNH) and Plymouth State University (PSU) today announced a pilot program with Niche Direct Admissions® for the 2024-25 admissions year. Some high school seniors throughout New Hampshire, and across the country, who meet the criteria set by these institutions for admission and merit scholarships can now receive immediate acceptance based solely on their Niche Profile.

Niche, the country’s leading platform connecting students with colleges, recently launched its 2025 direct admissions program for high school seniors. The company is revolutionizing the college admissions landscape by modernizing the way students and families choose their best-fit colleges, offering real-time acceptance and upfront scholarship offers. Now in its fourth consecutive cycle, Niche Direct Admissions has over 110 college and university partners.

“UNH is committed to making it easier for students and their families to access higher education and to navigate the admissions process,” said Kimberly DeRego, vice provost of enrollment management at UNH. “Students admitted via the Niche program are held to the same standards as any other student we welcome; however, they now have a quicker, more straightforward path to enrollment.”

This is the first time UNH and PSU, part of the University System of New Hampshire, will offer direct admissions. Across the country, direct admissions programs have expanded rapidly over the past five years, as universities seek to broaden access, boost enrollment and change the narrative of higher education from one of scarcity to one of opportunity. According to Niche survey data, 80% of last year’s high school seniors reported they’d be more interested in a college that offers acceptance without a traditional application. That trend continues for rising seniors in the class of 2025.

“Niche was easy to adopt and has complemented our existing strategies, providing us with an additional source of enrollment at a time of rapid change within the industry,” said Joanne Landers, Ph.D., vice president of enrollment management and communications at Plymouth State University. “This new resource will enable us to further streamline our admissions process and extend the PSU experience to a broader audience.”

Research from the Annenberg Institute for School Reform at Brown University noted that “complexity and uncertainty in the college application process contribute to longstanding racial and socioeconomic disparities in enrollment.” While the study found that direct admissions programs increased the number of college applications overall, the increases were greater for underrepresented minority, first-generation and low-income students.

With Niche Direct Admissions, institutions set criteria for acceptance that are unique to their college or university. Meanwhile, students create an online profile and explore colleges based on a myriad of factors. In real time, qualified students will see if they have been accepted, receive a merit scholarship offer and access detailed information about the institution along with the option to initiate the enrollment process. These are offers from colleges the student expressed interest in, as well as similar ones they qualify for and may want to consider.

“It’s wonderful to see forward-thinking schools, such as our friends in New Hampshire, start to meet today’s students where they are by providing them and their families with the immediacy and transparency they’ve come to expect elsewhere in their lives,” said Luke Skurman, founder and CEO of Niche. “Not only is it beneficial to the students, but the ROI for the colleges checks out as well. The 2024 Niche Direct Admissions cycle generated an estimated first-year net tuition revenue of nearly $100 million, accounting for 9% of our partner institutions’ deposits on average, with some as high as 30%.”

Niche’s student-first approach removes much of the friction associated with the traditional college admissions process, such as letters of recommendation or personal essays. Niche Direct Admissions is completely free for students and open to all high school seniors, allowing them to receive acceptance and scholarships to colleges both in their home state and elsewhere. Students can still apply to PSU and UNH via the traditional application process.

UNH and PSU are now actively offering Niche Direct Admissions to the high school class of 2025. High school underclassmen who create a Niche Profile will automatically be eligible for direct admissions offers during their senior year. Over a million high school seniors create a Niche Profile each year, which is roughly one out of every two college-bound seniors.

PRESS CONTACTS
UNH: Tania deLuzuriaga, Executive Director of Public Relations
tania.deluzuriaga@unh.edu

PSU: Denise Panyik-Dale, Director of Communications and Marketing
denise.panyikdale@plymouth.edu

Niche: Nick Liberati, Director of Public Relations
nick.liberati@niche.com

ABOUT THE UNIVERSITY OF NEW HAMPSHIRE:
The University of New Hampshire inspires innovation and transforms lives in our state, nation and world. Nearly 16,000 students from 50 states and 87 countries engage with an award-winning faculty in top-ranked programs in business, engineering, law, health and human services, liberal arts and the sciences across more than 200 programs of study. A Carnegie Classification R1 institution, UNH partners with NASA, NOAA, NSF, and NIH, and received over $210 million in competitive external funding in FY23 to further explore and define the frontiers of land, sea and space.

ABOUT PLYMOUTH STATE UNIVERSITY:
Established in 1871, Plymouth State University serves the state of New Hampshire and the world beyond by transforming our students through advanced practices where engaged learning produces well-educated undergraduates, and by providing graduate education that deepens and advances knowledge and enhances professional development. The Plymouth State Cluster Learning Model emphasizes open, integrative, and project-based experiences. With distinction, we connect with community and business partners for economic development, technological advances, healthier living, and cultural enrichment with a special commitment of service to the North Country and Lakes Region of New Hampshire.

ABOUT NICHE:
Niche is changing how colleges connect with students and build their future classes. As the trusted partner to hundreds of colleges, Niche is helping higher education institutions across the country streamline operations, forge genuine connections with students and achieve their enrollment targets. Our nationally recognized Niche Direct Admissions® program enables colleges to proactively accept qualified students based on their Niche Profile alone. Through real-time acceptance and scholarship opportunities, Niche Direct Admissions offers a modern experience for today’s students, resulting in more enrollments for college admissions teams. Learn more about how over 110 institutions are already leveraging Niche Direct Admissions.

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SOURCE Niche

Technology

Hong Leong Bank Picked Up Four Notable Wins at Recent Financial Industry Awards

Published

53 mins ago

September 30, 2024

KUALA LUMPUR, Malaysia, Sept. 30, 2024 /PRNewswire/ — Hong Leong Bank (“HLB” or the “Bank”) has received 4 industry awards this year, reinforcing its position as a leading financial institution in Malaysia. These accolades span SME banking, innovative financial products and even financial inclusion initiatives, reflecting the Bank’s dedication to providing an end-to-end banking experience that offers innovative, customer-centric financial solutions, while leveraging digital innovation to uplift communities.

Best SME Bank in Malaysia

HLB has been named “Best SME Bank in Malaysia” at the Euromoney Awards for Excellence 2024, and for the third consecutive year at the Asian Banking & Finance (“ABF”) Retail Banking Awards 2024. This achievement is attributed to an impressive 10.4% year-on-year (“YoY”) increase in its SME loan/financing portfolio, reaching RM33 billion in the past financial year. The Bank’s community banking initiatives also saw an outstanding 12.6% YoY growth, nearly double the industry average.

The Bank’s commitment to SMEs goes beyond providing loans and financing. It offers a fully-digital onboarding experience where SME customers can apply for banking products and services from their own premises, eliminating the need for business owners to open accounts at a physical branch. With this, HLB provides a diversified suite of online banking capabilities, including enhanced features for faster trade processing, an optimised loan origination system that expedites loan approvals. HLB also has an extensive network of Community Business Managers (“CBMs”) and Cash, Trade & FX (“CTFX”) specialists which are embedded within the nationwide SME community, equipped with the solutions and insights needed to provide unparalleled support to SMEs and business owners.

Best Deposit Product in Malaysia

In line with its commitment to optimising customer experience through innovative banking solutions, HLB’s Pay & Save Account/-i (“Pay & Save”) has been named “Best Deposit Product in Malaysia” at The Asian Banker Excellence in Retail Finance and Technology Innovation Malaysia Awards 2024.

The Pay&Save account provides multi-currency flexibility and offers higher interest/profit on everyday transactions. The account is designed for a seamless user experience, leveraging on HLB Connect and an integrated multi-currency debit card. Customers can manage finances in both Malaysian Ringgit (MYR) and 12 major foreign currencies, convert currency easily at competitive rates, and spend and withdraw foreign currencies abroad while receiving FOREX alerts at their preferred rates, a testament to the Bank’s commitment to designing financial solutions that cater to its customers’ diversified lifestyles.

Best Financial Inclusion Initiative

HLB’s commitment to customer-centricity and uplifting the community is evident in its financial inclusion program, HLB @ Kampung, which equips underserved communities with digital payment tools and online banking infrastructure. Following its successful launch in Sekinchan, Selangor in 2023, HLB has further initiated 71 HLB @ Kampung projects that look to support the digital transformation of rural towns across Malaysia, turning them into a Cashless Kampung. On the back of the program’s success, the Cashless Kampung program was internationally-recognized as the Best Financial Inclusion Initiative at The Asian Banker Excellence in Retail Financial Services International Awards 2024.

Built Around You

Kevin Lam, Group Managing Director and CEO of HLB commented on the widespread recognition of HLB’s banking excellence.

“As a financial institution, we constantly look to reimagine our digital banking products and services, ensuring that we truly design them to provide a seamless banking experience for our customers. These awards are not just a reflection of the relentless dedication and hard work from our team at HLB, but it also underscores our pursuit of innovation and customer-centricity. From designing a multi-currency, digitally-enabled savings account, to enhancing our SME banking capabilities and uplifting communities with digital innovation, we look to provide financial solutions and services that are integrated into our customers’ diverse lifestyles, becoming a bank that is truly Built Around You.”

HLB has also recently upgraded their HLB Connect mobile banking app, further enhancing and streamlining the user experience when it comes to digital banking. The new app comes with a new and improved Forex Rate converter interface, which complements the multi-currency Pay & Save account by making it easier for customers to calculate conversion rates. Besides that, the app now allows for auto-detect biometric settings, where users can use their pre-set security settings on their mobile phones (biometrics for Android and Face ID for iOS) to unlock their HLB Connect app.

For more information about HLB’s Pay & Save account, please visit:

https://www.hlb.com.my/en/personal-banking/deposits/savings-account/pay-and-save-account.html

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SOURCE Hong Leong Bank

Technology

Desktop Humidor Market Size to Grow USD 197 Million by 2030 at a CAGR of 4.3% | Valuates Reports

Published

53 mins ago

September 30, 2024

BANGALORE, India, Sept. 30, 2024 /PRNewswire/ — Desktop Humidor Market is Segmented by Type (Wooden Humidor, Glass Top Humidor), by Application (Household, Commercial): Global Opportunity Analysis and Industry Forecast, 2024-2030.

The Global Desktop Humidor Market was valued at USD 151 Million in 2023 and is anticipated to reach USD 197 Million by 2030, witnessing a CAGR of 4.3% during the forecast period 2024-2030.

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Major Factors Driving the Growth of Desktop Humidor Market

The global desktop humidor market is growing as cigar enthusiasts and collectors increasingly prioritize proper cigar storage to maintain quality and freshness. Desktop humidors are specialized containers designed to control the humidity levels required to preserve cigars, which are sensitive to fluctuations in moisture. These humidors typically come in various sizes and materials, such as wood and glass, and offer an aesthetically pleasing way to store cigars, making them popular among individuals and businesses alike. The rise in disposable incomes and growing interest in premium cigars, particularly in North America and Europe, are key factors driving the demand for desktop humidors. In addition, the commercial use of desktop humidors in cigar lounges, bars, and specialty shops is expanding, further boosting market growth. As cigar culture continues to flourish, particularly among younger demographics, the market for desktop humidors is expected to witness steady growth. The increased focus on craftsmanship, luxury, and the presentation of high-end cigar accessories is also shaping the market dynamics.

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TRENDS INFLUENCING THE GROWTH OF THE DESKTOP HUMIDOR MARKET

Wooden humidors are a significant driver of the desktop humidor market, as they are the preferred choice for many cigar enthusiasts due to their durability and aesthetic appeal. High-quality wood, such as Spanish cedar, is known for its ability to regulate humidity levels and enhance the flavor of cigars, making it an ideal material for humidors. The craftsmanship and luxurious appearance of wooden humidors also make them desirable for collectors and connoisseurs. As demand for premium cigars continues to rise, the market for wooden humidors is expanding, with consumers willing to invest in high-end storage solutions to preserve their cigar collections.

The growing popularity of cigars as a luxury lifestyle product is driving the demand for desktop humidors in households. Many individuals now view cigar smoking as a hobby, leading them to invest in humidors to properly store and age their cigars at home. Desktop humidors are particularly appealing to household consumers due to their compact size and ability to hold a personal collection of cigars. As cigar culture becomes more mainstream, particularly among younger generations, the demand for home cigar storage solutions is increasing, contributing to the growth of the desktop humidor market.

The commercial sector, including cigar lounges, bars, and specialty tobacco shops, is another key driver of the desktop humidor market. These establishments require humidors to display and store cigars in optimal conditions, ensuring product quality for their customers. Commercial businesses are increasingly investing in aesthetically pleasing and functional desktop humidors to enhance the customer experience and elevate the presentation of their cigar offerings. The rise of cigar lounges and smoking-friendly bars in urban areas has created a steady demand for commercial-grade humidors, further driving market growth.

The increase in disposable incomes, particularly in developed economies, is one of the primary factors driving the growth of the desktop humidor market. As consumers have more spending power, they are more likely to indulge in luxury goods, including premium cigars and cigar accessories. The growing number of affluent individuals who can afford to invest in high-quality humidors is contributing to market expansion. This trend is especially prominent in North America and Europe, where cigar smoking is often associated with a premium lifestyle. As disposable incomes continue to rise globally, the demand for desktop humidors is expected to grow.

The rising interest in premium cigars is significantly contributing to the growth of the desktop humidor market. As consumers become more discerning about the quality and origin of their cigars, they are also seeking storage solutions that preserve the freshness and flavor of their collections. The increasing popularity of limited-edition and hand-rolled cigars has heightened the need for reliable humidors that can maintain consistent humidity levels. As a result, cigar enthusiasts are willing to invest in high-end desktop humidors, which has led to an increase in market demand, particularly among collectors and connoisseurs.

The global expansion of cigar lounges and bars is another factor driving the growth of the desktop humidor market. These establishments offer customers a curated experience, where cigars are often displayed and stored in desktop humidors that preserve their quality. The rise of cigar lounges as social spaces has increased the demand for aesthetically pleasing and functional humidors that enhance the presentation of cigars. As the cigar lounge culture continues to grow in major cities worldwide, the market for desktop humidors is expected to benefit from this trend, particularly in regions with strong smoking cultures.

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DESKTOP HUMIDOR MARKET SHARE

The desktop humidor market varies by region, with North America and Europe leading due to the strong cigar culture and higher disposable incomes in these areas. The United States, in particular, is a major market for desktop humidors, driven by the popularity of premium cigars and the growing number of cigar lounges. Europe, especially countries like Spain and Italy, is also a key market, as cigar smoking is deeply embedded in the culture. The Asia-Pacific region is emerging as a potential growth area, as interest in luxury goods and premium cigars rises among affluent consumers in countries like China and Japan.

Key Companies:

Humidores WacotaGerberVigilantSinostar Packaging Manufacturer Co., LtdCase EleganceGrand HumidorsHolt’s Cigar CompanyPrestige Import GroupCigar Star

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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

– Cigar Humidor Market

– Cigar Cooler Humidor Market

– Cigar Market revenue was USD 17650 Million in 2022 and is forecast to a readjusted size of USD 21020 Million by 2029 with a CAGR of 2.5% during the forecast period (2023-2029).

– Electric Desktop Humidor market was valued at USD 5.3 Million in 2023 and is anticipated to reach USD 7.8 Million by 2030, witnessing a CAGR of 5.8% during the forecast period 2024-2030.

– Wooden Desktop Humidor market was valued at USD 146 Million in 2023 and is anticipated to reach USD 190 Million by 2030, witnessing a CAGR of 4.3% during the forecast period 2024-2030.

– Electronic Humidor Cabinet Market

– Fuel Cell Humidifier market was valued at USD 76 Million in 2023 and is anticipated to reach USD 929 Million by 2030, witnessing a CAGR of 45.6% during the forecast period 2024-2030.

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Technology

DocPro Limited Announces the Launch of DocLegal.ai

Published

53 mins ago

September 30, 2024

Affordable AI-Powered Legal Solutions

HONG KONG, Sept. 30, 2024 /PRNewswire/ — DocPro Limited, a leading innovator in legal technology, has launched DocLegal.ai, a new platform designed to provide AI-powered legal assistance at an unbeatable price—less than the price of your daily coffee.

DocLegal.ai is a platform that consolidates legal document creation, editing, and review into a single interface. The platform offers the following features:

Custom Document Creation: Users can describe their scenario and receive a tailored legal document.Document Review and Editing: The AI assistant can edit, review, summarize documents, suggest clauses, and highlight potential risks.

The platform is designed to provide affordable legal services to small businesses and individuals. It also aims to streamline workflows and automate routine tasks for legal professionals, enabling them to focus on high-value activities.

DocPro Limited has leveraged its experience with DocPro.com, which serves over 50,000 users globally, to develop DocLegal.ai. The company is a graduate of the Cyberport Incubation Program and is currently part of the HKSTP Incubation Program and Google for Startups Cloud Program.

As part of its soft launch, DocLegal.ai is offering exclusive access to the first 500 users for only $2.50 per document. Interested parties can Visit the DocLegal.ai website to sign up.

About DocPro Limited

Founded in 2020, DocPro Limited is a leader in the legal tech space, committed to enhancing the delivery of legal services through innovative AI-powered solutions. With platforms like DocPro.com and DocLegal.ai, DocPro empowers users to create and manage legal documents with unparalleled efficiency and precision. For more information, visit DocLegal.ai.

DocLegal.ai is poised to become an indispensable tool for anyone seeking reliable, efficient, and affordable legal documentation, reinforcing DocPro’s position as a pioneer in legal technology.

Media Enquiries:

Kim Chan
kim.chan@docpro.com

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