Technology

Hang Seng Survey: Youth Prioritise Flexible Financial Freedom Goals

Published

3 months ago

October 17, 2024

Hang Seng Preferred Banking Offers a Wide Range of Services Accessible Investment Options, $0 Fees on Everyday Banking Services, and 24/7 Live Chat Support via Mobile App for Youth

HONG KONG, Oct. 17, 2024 /PRNewswire/ — A new survey conducted by Hang Seng Bank (‘Hang Seng’) reveals a shift in how young people view financial freedom. The survey interviewed over 300 individuals aged 18 to 35 to understand their financial goals and attitudes towards financial freedom. The findings show that a large portion of Hong Kong’s youth no longer equate financial freedom solely with early retirement. Instead, they see it as the ability to pursue personal goals and allocate time and resources to what truly matters to them – without being constrained by economic pressure. This reflects a more immediate, flexible approach to managing their finances, where financial freedom means having the autonomy to live life on their own terms.

While the majority (86%) of young respondents believe that increasing passive income through investment is essential to achieving both short-term and long-term financial freedom. However, many young people face challenges in the investment process. Among those with investment experience, 35% find the entry threshold for investment products too high, while nearly half feel unsure about how to start their investment journey or select the appropriate investment products.

Rannie Lee, Head of Wealth and Personal Banking at Hang Seng Bank, said: “With young people making up around 18% of the population, there’s clearly a growing demand for financial tools that cater to their needs. As Hong Kong’s largest domestic Bank, we are committed to meeting these evolving needs, Hang Seng Preferred Banking offers a wide range of accessible investment options, $0 fees on everyday banking services, and round-the-clock Live Chat support via our Mobile App, providing tailored solutions for youth to achieve their financial goals.”

Hang Seng’s Preferred Banking is designed to support young customers by offering low minimum investment options, $0 fees on everyday banking services, and 24/7 Live Chat support through the Hang Seng Mobile App. This makes investing and managing finances simple, accessible, and efficient.

1) Low Minimum Investment Products Starting From $ 1

Hang Seng provides a range of low minimum investment products tailored to young customers. With ‘SimplyFund’, they can start investing in funds with as little as HKD 1, encouraging the development of healthy financial habits. Additionally, Hang Seng offers foreign exchange investment options, such as the Capital Protected Investment Deposit and MaxiInterest Investment Deposit, with a minimum online investment of HKD 5,000. The FX order watch service threshold is as low as USD 1.

2) $0 Fees on Everyday Banking Services via the Hang Seng Mobile App

Recognising the increasing need for cross-border financial management, customers can enjoy $0 fees on foreign currency transfers to other accounts via Hang Seng Mobile App. For example, customers can make fee-free transfers in local currencies up to over 50 designated countries or regions via ‘Global Money+’. Funds can be credited as quickly as the same day, facilitating hassle-free international transactions.

3) 24/7 Live Chat Support for Managing Everyday Banking and Wealth Management Inquiries

Customers can connect with the Bank’s Customer Service Representatives to receive support for everyday banking and wealth management inquiries anytime via the Hang Seng Mobile App Live Chat service.

To raise awareness of these services, Hang Seng has launched a new promotional campaign featuring renowned artist Eric Kot alongside Tung Tung, LaiYing, and Chu Mic from the local online platform “Pomato”. In the campaign, they share their personal experiences managing their finances with the Hang Seng Mobile App. The TV commercial is now available on major media outlets and on Hang Seng’s official YouTube channel (https://www.youtube.com/watch?v=_rHE9FEJ8Mg).

Additionally, from 21 October until 31 December 2024, customers who complete designated missions via Digital Banking – such as using ‘Global Money+’ for transfers or subscribing to ‘SimplyFund’ – will be entered into a lucky draw with a chance to win an Apple Store e-Gift Card worth up to HKD10,000. Stay tuned for the launch of a new Hang Seng Mobile App icon soon.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/hang-seng-survey–youth-prioritise-flexible-financial-freedom-goals-302279146.html

SOURCE HANG SENG BANK LIMITED

Technology

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

Published

27 minutes ago

January 15, 2025

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

Technology

ADP Declares Regular Quarterly Dividend

Published

27 minutes ago

January 15, 2025

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.

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

Technology

CobbleStone Software Announces 2025 Roadshow for Client CLM Training

Published

27 minutes ago

January 15, 2025

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.

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/

Twitter

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