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Join Baker Hill & Rally Credit Union at America’s Credit Unions’ Lending Council Conference for Session: “To LOS or Not to LOS”

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Attendees to gain valuable insights on LOS best practices in session, “To LOS or Not to LOS, That is the Question”

CARMEL, Ind., Oct. 28, 2024 /PRNewswire/ — Baker Hill, a leading provider of loan origination, risk management, and analytics solutions, announced that Mike Horrocks, Senior Vice President will join Kate Montagna, Senior Business Relationship Manager at Rally Credit Union, for a highly anticipated session at America’s Credit Unions’ Lending Council Conference. Their presentation, titled “To LOS or Not to LOS, That is the Question,” will take place on Tuesday, November 5, 2024, at 9:45 AM.

Credit unions striving to expand their member business lending portfolios face a critical question: should they invest in a loan origination system (LOS)? To provide clarity on this important decision, Horrocks and Montagna will share valuable insights from Rally CU’s experience as they sought to scale their lending operations to meet the needs of their rapidly growing membership. This must-attend session will explore considerations when moving to an LOS and how LOS best practices can improve operational efficiency while driving growth.

Attendees will hear first-hand from Rally CU, the largest credit union in South Texas with over 220,000 members. With an ambitious goal of 15% growth, Rally CU recognized that their existing processes could not support such expansion alone. By partnering with Baker Hill, they were able to think outside the box and leverage innovative strategies to enhance both the employee and member experience.

“Investing in an LOS is no small decision, but it can be one of the smartest decisions a credit union can make,” said Mike Horrocks, Senior Vice President of Product Marketing & Strategy at Baker Hill. “We’re excited to present alongside Rally Credit Union and showcase the growth and efficiencies an LOS can unlock in member business lending.”

The Lending Council Conference, hosted by America’s Credit Unions, is an annual event bringing together industry leaders to explore the latest trends and strategies in credit union lending. This year’s event will take place November 3-6 in Nashville, TN at the Gaylord Opryland Resort & Convention Center.

For more information on the conference and to register for the session, visit: https://www.americascreditunions.org/events-training/council-event/lending-council-conference-2024.  

About Baker Hill

Baker Hill is in the business of evolving loan origination by combining expertise in technology with expertise in banking. Built on decades of walking alongside banks and credit unions as they provide vital resources to their communities, Baker Hill NextGen® is a configurable, single platform SaaS solution for commercial, small business, consumer loan origination, and risk management that grows along with you as your business needs change. Baker Hill is lending evolved. For more information, visit bakerhill.com.

About Rally Credit Union

Rally Credit Union gives you the tools to help meet your financial goals quicker—all from a team that really has your back. For over 200,000 members across South Texas and the Rio Grande Valley, we provide access to high-interest savings accounts, auto and home loans, and checking accounts with rates 50X greater* than the national average. To learn more, visit https://rallycu.com/.

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SOURCE Baker Hill

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HIGHSTAR will Participate in The Battery Experts Forum2024 in Germany and Launch Tabless Battery Series

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DARMSTADT, Germany, Oct. 29, 2024 /PRNewswire/ — The Battery Experts Forum is one of the top conferences in the global battery technology field, gathering experts from both the industry and academia. The event covers a comprehensive display from innovative materials to advanced manufacturing technologies, and extends to the electric vehicle and energy storage sectors. HIGHSTAR will participate in this event to showcase its latest tabless cell in the small power field, bringing an ultimate performance leap to global users through technological innovation, and supporting a smarter and greener living experience.

At this exhibition, HIGHSTAR will present the application research, progress, challenges, and future prospects of tabless cells in the small power field. The tabless technology, with a brand-new end welding structure design and cathode and anode material system design, has achieved a breakthrough. Addressing product pain points such as high internal resistance, heating, and short endurance time, HIGHSTAR has provided a better solution, significantly improving the battery cells in terms of rate performance, reliability, and cycle-life.

Compared with traditional cylindrical cells, HIGHSTAR Super Power tabless cells not only achieve extremely low internal resistance below 4mΩ for greater rate discharge but also support excellent charging performance of 2C and above, enabling super-fast charging from 30% SOC to 80% SOC within 10 minutes. Additionally, they perform superiorly in low-temperature and cycling performance, providing strong support for the green transformation of enterprises.

HIGHSTAR has been focusing on battery research and manufacturing for over 30 years, continuously exploring the latest developments in battery technology and actively embracing cutting-edge technologies. The company, driven by leading products and technologies, continues to engage in the research and application of green energy. At the Battery Experts Forum, HIGHSTAR looks forward to discussing and sharing the latest advancements in battery technology with global industry experts and partners, and jointly promoting the green development of the industry. It is believed that through this grand event, HIGHSTAR’s tabless technology will inject new vitality into the global battery technology development and contribute to achieving a zero-carbon future.

On November 5th, from 2:10 PM to 2:40 PM (local time), at the Battery Experts Forum 2024 in Darmstadt, Germany, at booth SB-31, HIGHSTAR cordially invites you to visit the exhibition and witness the new product launch. Stay tuned!

Photo – https://mma.prnewswire.com/media/2541650/HIGHSTAR_Participate_The_BXF2024_Launch_Tabless_Battery_Series.jpg

View original content:https://www.prnewswire.co.uk/news-releases/highstar-will-participate-in-the-battery-experts-forum2024-in-germany-and-launch-tabless-battery-series-302289314.html

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Papaya Launches Papaya Global Hong Kong Enabling HK Companies to Fund Locally and Pay Globally

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Papaya’s Hong Kong will leverage its international payments network using money transfer licenses to offer tailored cross-border payment solutions for global organizations headquartered in Hong Kong

NEW YORK, Oct. 29, 2024 /PRNewswire/ — Papaya Global, the workforce payroll and payments platform, today announced the upcoming launch of Papaya Global Hong Kong, that will enable local and cross-border payouts from Hong Kong.

Papaya’s innovative technology and wallet infrastructure, coupled with its partnership with established banking providers like J.P. Morgan, aims to enable Hong Kong based global organizations to manage international workforce payments, thus supporting their growth.

Papaya Global Hong Kong will provide a unified platform which will allow local customers to fund in HKD and pay out internationally. The solution will enable such organizations to pay the wages of employees and contractors internationally.

“Money makes the world go round, and Papaya can move money,” said Eynat Guez, CEO and Co-Founder of Papaya Global. “We recognize Hong Kong as a hub of technology and business and know that supporting our clients there will drive not only their growth, but also the market in general. We harness our innovation and payments network to provide cross border payments that deliver accuracy and timely landing date.”

Papaya Global Hong Kong will simplify cross-border payments for Hong Kong based organizations by enabling them to:

Fund in local currency and pay out internationally.95% same day global payouts transfers and timely land dates internationally, including key Asian markets.Pay internationally on local rails, knowing in advance the fees and costs, thus avoiding those accumulated by multiple correspondent banks, while benefiting from secure and efficient transactions.Gain transparency and control with real-time visibility and monitoring on every payment, and funds throughout the payment lifecycle.Mitigate global financial risks with Papaya’s advanced pre-payment and real-time monitoring. Papaya’s platform checks and balances are automated and eliminate delays due to manual screening and compliance checks.Comply with high data protection standards and ensure encrypted and efficient data transfers, avoiding paper-based methods.Eliminate manual inputs. Papaya’s APIs and data connectors integrate seamlessly with existing systems, reducing the risks of fraud and human error.Establish adaptable international payment schedules and process mass payments of up to 10,000 transactions at once, ensuring smooth cross-border disbursements with minimal admin effort.

Papaya Global was built for payroll and payments since its inception in 2016. Since the acquisition of Azimo in 2022, it has established a network of licensed entities that allows for the provision of a cross border solution that delivers payments in hours. The acquisition combined advanced technology, extensive expertise in cross-border payments, and a global digital payment network reaching more than 150 countries.

To find out more about how Papaya is licensed globally (including Hong Kong), click here.

About Papaya Global:

In an ever-expanding world economy, Papaya Global is the ultimate workforce payments platform. Papaya’s Workforce OS enables organizations to hire globally and pay locally, on time every time. Delivering full compliance and liability coverage, and supporting all employment models, Papaya’s platform uses AI to consolidate and automate payroll and payments operations to seamlessly connect HR and Finance tech stacks. Streamlining these business-critical processes optimizes their efficiency and transparency, transforming workforce payments from an organization’s biggest expense and liability, into its strongest strategic asset.

Papaya has recently been named NetSuite International Partner of the Year, as a Leader in NelsonHall’s NEAT Matrix, and recognized by top tier publications including Inc., Forbes, and CNBC. Papaya’s team is nearly 1000 strong, serving customers like E-Toro, SentinelOne, SodaStream and others, in 160+ countries worldwide.

View original content:https://www.prnewswire.com/apac/news-releases/papaya-launches-papaya-global-hong-kong-enabling-hk-companies-to-fund-locally-and-pay-globally-302287741.html

SOURCE Papaya Global

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KOHO Launches New eSIM Feature Provided by Boxo and Airalo

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Canadian fintech KOHO enhances global connectivity with seamless eSIM integration powered by Singapore-founded startups Boxo and Airalo.

SINGAPORE, Oct. 29, 2024 /PRNewswire/ — Singapore-founded startups Boxo and Airalo have announced a partnership with Canadian fintech KOHO, following their strategic eSIM Miniapp collaboration. KOHO, a Canadian fintech , is launching a new eSIM feature within its money management platform. This collaboration aims to provide over 1.7 million KOHO users with effortless global connectivity, enhancing their digital travel experience by allowing them to purchase and activate eSIMs directly within the app.

With traditional roaming fees ranging from $12 to $16 per day, KOHO’s new eSIM feature offers Canadians an affordable alternative, potentially saving them hundreds of dollars on travel.

“The integration of Boxo’s miniapp technology, provided by Airalo’s eSIM solution, within our app is a significant milestone in our journey to be the best account for Canadian travellers” said KOHO CPO, Jack Chung. “We are excited about the possibilities this partnership with Boxo and Airalo brings, and we look forward to continuing to innovate for our users.”

Through this partnership, Boxo will deliver an eSIM miniapp that is seamlessly integrated into KOHO’s app via the Boxo Miniapp Platform. With a single integration into the Boxo SDK, KOHO can significantly streamline development, reduce maintenance complexities, and deliver a cohesive user experience. Powered by Airalo’s eSIM API, this integration ensures that KOHO’s users can effortlessly access global mobile networks in over 200 countries and regions worldwide, while KOHO benefits from faster time-to-market and simplified technical management.

“We are thrilled to work with KOHO to bring this eSIM technology to their users, enhancing their connectivity and expanding the value of their financial management app,” said Kaniyet Rayev, CEO & Founder at Boxo. “The rising trend of synergy between telecommunications and fintech is creating new opportunities for innovation, and we are excited to be at the forefront of this movement. Partnering with KOHO allows us to combine our expertise in delivering seamless digital experiences with KOHO’s commitment to providing top-tier financial solutions for their customers.”

KOHO users can now access mobile networks in over 200 countries without needing a physical SIM card. This new feature allows users to purchase and activate eSIMs entirely within the KOHO app, providing a seamless, all-in-one connectivity experience. Additionally, KOHO’s ‘Extra’ customers receive 1GB of complimentary data each month, while ‘Everything’ customers get 3GB, both of which can be activated directly within the KOHO app.

“We’re excited to partner with KOHO and Boxo to deliver our eSIM solution to KOHO users,” said Ravish Doctor, CCO at Airalo. “By integrating our eSIM technology into KOHO’s digital wallet, we’re making global connectivity more accessible and seamless for millions of users. This collaboration reflects our shared vision of providing innovative solutions that meet the evolving needs of today’s digital-first consumers.”

For more information about the new eSIM feature, KOHO users are encouraged to explore the KOHO app.

About KOHO

KOHO is a fintech company equipped with a Mastercard for spending and tools for KOHO users to earn and borrow money, build credit, and budget. The company was founded in 2014 with a powerful mission, born from a genuine desire to help people and an ambition to make a positive impact on the lives of many. In the eight years since its launch, KOHO has built a product people love, and has touched the lives of more than 1.7 million users. See more at: www.koho.ca

About Boxo

Boxo is on a mission to accelerate the global adoption of Super Apps by enabling mobile apps to integrate a wide range of value-added services effortlessly. By connecting to Boxo’s SDK just once, any app can incorporate pre-built, white-label miniapps across various sectors, including e-commerce, travel, financial services, and lifestyle. Headquartered in Singapore, Boxo is supported by leading venture capitalists such as Gradient Ventures (Google’s AI-focused fund), Founders Fund, 500 Global, SciFi VC, RTP Global, Antler, and Plug and Play. For more information, visit www.boxo.io

About Airalo

Airalo, founded in 2019 by Ahmet Bahadir Özdemir and Abraham Burak, is the world’s first and largest eSIM platform. It offers eSIM packages for 200+ countries and regions, enabling travelers to connect to mobile networks instantly upon arrival at their destination. With over 10 million users and a global team spanning 55 countries, Airalo is revolutionizing global connectivity and empowering travelers worldwide. Learn more at www.airalo.com and www.partners.airalo.com

 

View original content:https://www.prnewswire.com/apac/news-releases/koho-launches-new-esim-feature-provided-by-boxo-and-airalo-302288549.html

SOURCE Boxo

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