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United Roosevelt Savings Bank Selects COCC as Its Core Banking Technology Partner

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Strategic Partnership Positions the Bank for Scalable Growth and Sustained Community Commitment

CARTERET, N.J., June 29, 2026 /PRNewswire/ — United Roosevelt Savings Bank (URSB) today announced that it has selected COCC as its core banking technology partner. Headquartered in Carteret, New Jersey, URSB is a $384 million-asset institution operating two branches, distinguished by an enduring commitment to relationship-driven banking and prudent financial stewardship.

The decision reflects a deliberate strategic initiative to reinforce the institution’s core technology foundation while preserving continuity across its daily operations. In evaluating prospective partners, URSB sought not merely a stable and secure core platform, but a modern, integration-ready environment capable of accommodating sustained growth, digital expansion, and the evolving expectations of the customers it serves.

COCC’s contemporary, API-driven core platform furnishes URSB with a flexible, integration-ready architecture engineered to support digital channels, fintech collaborations, and shifting operational requirements. The platform empowers the Bank to modernize at a measured, self-determined pace while enhancing data accessibility, operational efficiency, and long-term scalability.

Beyond the technology itself, URSB identified COCC’s collaborative service and delivery model as a decisive differentiator. COCC’s client-first philosophy emphasizes direct access to seasoned subject-matter experts, proactive engagement, and durable partnerships—ensuring that client institutions are supported not only through implementation, but throughout the entire lifecycle of their technology strategy.

“We sought a core partner that comprehends our operating model as it stands today while charting a clear course toward where we intend to go tomorrow,” said Kenneth R. Totten, Chairman and Chief Executive Officer of United Roosevelt Savings Bank. “COCC demonstrated both the technical sophistication and the caliber of partnership that a community-focused bank such as ours requires. That combination affirmed our confidence in this decision.”

“We are proud to welcome United Roosevelt Savings Bank to the Cooperative,” said Richard A. Leone, President and Chief Executive Officer of COCC. “URSB’s dedication to service, stability, and responsible growth aligns closely with our mission. We look forward to working alongside their team as a true technology and service partner—supporting their objectives today and their continued evolution in the years to come.”

By aligning its core technology with a partner committed to collaboration, service, and open integration, United Roosevelt Savings Bank positions itself to operate with heightened agility and assurance, ensuring that its technology strategy continues to advance the interests of its customers, its community, and its long-term growth objectives.

About United Roosevelt Savings Bank
Founded in 1914, United Roosevelt Savings Bank (URSB) has served the financial needs of Carteret and its surrounding communities for more than a century. With deep local roots, the Bank has played a meaningful role in supporting and helping to build the neighborhoods it serves. URSB is distinguished by its stability, security, and customer-first approach. The Bank remains committed to delivering dependable financial tools, strengthening its operations, and helping customers pursue their goals with confidence. URSB continues to invest in its people, processes, and technology to serve its community with distinction—today and well into the future. To learn more, visit URSB.bank.

About COCC
COCC, a recognized leader in delivering innovative, comprehensive technology and partnerships, offers feature-rich, modern, standards-based core and digital banking solutions that pair intuitive user experiences with robust APIs to streamline advanced fintech integrations. COCC’s clients draw upon a complete suite of contemporary financial technology solutions. Client-owned for more than 50 years, COCC serves as a partner to its clients with an unmatched focus on service, helping community banks and credit unions meet their distinct and continually evolving needs. To learn more, visit cocc.com.

Media Contact
Kenneth R. Totten – President/CEO
United Roosevelt Savings Bank
11-15 Cooke Avenue, Carteret, NJ 07008  • (732) 541-5445  • URSB.bank

View original content:https://www.prnewswire.com/news-releases/united-roosevelt-savings-bank-selects-cocc-as-its-core-banking-technology-partner-302813758.html

SOURCE United Roosevelt Savings Bank – URSB

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Malaysia Gifts Fair 2026 Opens Its Biggest Edition Yet — Redefining Sustainable Gifting for a Better Tomorrow

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KUALA LUMPUR, Malaysia, June 30, 2026 /PRNewswire/ — The 16th Malaysia Gifts Fair officially opens its doors today at the Kuala Lumpur Convention Centre, marking the largest and most ambitious edition in the fair’s history.

Organised by the Malaysian Gifts & Premium Association (MGPA) and proudly endorsed by the Ministry of Tourism, Arts and Culture (MOTAC), Malaysia Gifts Fair 2026 arrives under the theme “Redefining Sustainable Gifting for a Better Tomorrow” — a declaration of the industry’s commitment to purposeful, responsible, and forward-looking gifting practices.

For the first time, the fair expands to four full exhibition halls at Kuala Lumpur Convention Centre — Hall 1 through Hall 4 — running from 30 June to 2 July 2026, daily from 10 AM to 6 PM. This expansion reflects the remarkable growth of the platform and the industry’s growing confidence in what Malaysia Gifts Fair represents. The fair is expected to welcome over 16,000 trade professionals across three days, including corporate buyers, procurement teams, gift agents, and industry leaders from across the region.

This edition brings together 400+ booths showcasing 50,000+ products across 10 major product categories — from sustainable products and customised apparel, to innovative gadgets, stylish bags, trophies, printing machinery, and packaging solutions. 

This year also features participation of the handicraft industry alongside international exhibitors from Taiwan, Singapore, Thailand, Hong Kong, Bangladesh, France, and Uzbekistan, further completing the supply chain of the gifting industry and enhancing the diversity of the showcase.

Malaysia Gifts Fair 2026 also marks a historic achievement — the fair has been awarded the Asia Records certification as The Largest Gifts & Premium Fair in Asia, recognising its scale, influence, and standing as a defining event in Asia’s gifting and premium trade landscape.

“The global business landscape is shifting. ESG compliance is no longer a corporate aspiration — it is a global standard. Technology and AI are reshaping how business is done. And across industries, decision-makers are under growing pressure to source smarter, faster, and with greater accountability,” said MGPA President, Mr. Ivan Loo.

“Malaysia Gifts Fair 2026, themed ‘Redefining Sustainable Gifting for a Better Tomorrow,’ reflects exactly where the industry must go. It is our commitment — as an association and as an industry — to align gifting with purpose, to embrace innovation with responsibility, and to ensure that Malaysia remains at the forefront of the regional gifting trade,” he added.

Organising Chairman Mr. Alex Chai highlighted the significance of this year’s expansion. “This year, we are proud to present the largest edition of Malaysia Gifts Fair to date. The expansion to four full exhibition halls is a milestone that reflects the remarkable growth of this platform and the industry’s confidence in what Malaysia Gifts Fair represents — more space, more exhibitors, more connections.”

He added, “Malaysia Gifts Fair was officially recognised by the Asia Book of Records. This achievement is not only a recognition of the fair’s scale and industry impact, but also a shared success made possible by every exhibitor, buyer, partner, and supporter who has journeyed with us over the years. We sincerely thank everyone for their continuous support in elevating Malaysia’s gifting industry to greater heights.”

Aligning with the spirit of Visit Malaysia Year 2026, Malaysia Gifts Fair 2026 contributes meaningfully to Malaysia’s position as a premier business tourism destination — drawing international industry professionals to our shores and showcasing the best of what Malaysia’s gifts and premium trade has to offer.

Malaysia Gifts Fair 2026 is open to all trade professionals from 30 June to 2 July 2026 at Kuala Lumpur Convention Centre, Hall 1 – Hall 4, from 10 AM to 6 PM daily. Business visitors may register at malaysiagiftsfair.com.my/visitor.

For more information, please visit: www.malaysiagiftsfair.com.my

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/malaysia-gifts-fair-2026-opens-its-biggest-edition-yet–redefining-sustainable-gifting-for-a-better-tomorrow-302814715.html

SOURCE Malaysian Gifts & Premium Association (MGPA)

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Temu Signs MOU With Korean Intellectual Property Protection Agency to Strengthen IP Protection for Korean Brands

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The partnership advances intellectual property protection for Korean brands across Temu’s platform, which operates in more than 90 markets

SEOUL, South Korea, July 1, 2026 /PRNewswire/ — Temu, the global e-commerce platform, has signed a Memorandum of Understanding (MOU) with the Korea Intellectual property Protection Agency (KOIPA) to strengthen IP protection for Korean brands (K-brands) on the platform.

Under the partnership, Temu and KOIPA will operate a dedicated communication channel to facilitate rapid response and enforcement against IP infringement affecting K-brands. Temu will apply its proprietary detection technology and global team of expert reviewers to identify and remove infringing listings, while KOIPA will support these efforts by verifying the authenticity and ownership of IP rights tied to K-brand products.

The agreement comes as more K-brands expand their presence on global e-commerce platforms, increasing the importance of worldwide IP protection. KOIPA, which supports the work of the Ministry of Intellectual Property, will guide Korean companies in using Temu’s IP protection tools.

“This agreement marks the starting point for practical cooperation to block K-brand counterfeit goods,” said Shin Sang-gon, president of KOIPA. “Through our work with Temu, KOIPA will act against counterfeit Korean-brand goods on online platforms at home and abroad, and support the protection of intellectual property rights across markets.”

Temu’s enforcement system screens for IP risk at every stage, from seller vetting and pre-listing checks to around-the-clock monitoring after listings go live. The system’s proactive monitoring database covers more than 15,000 brands, drawing on over 47 million images and 9.5 million keywords. The average IP compliant resolution time is less than 24 hours.

“Protecting intellectual property is essential to building a marketplace that consumers and brands can trust,” said a Temu spokesperson. “Partnering with KOIPA reflects our ongoing commitment to IP protection and to working with rights holders and regulators to keep counterfeits off the platform.” These partnerships build on existing Temu initiatives. The Brand Guardian Initiative, launched in April 2024, gives brands protection tools, integration into the platform’s enforcement systems, and one-on-one support, even if they don’t sell on Temu. Temu also offers a comprehensive suite of IP compliance courses through the Seller Education Center.

Temu has implemented a proactive global consumer awareness feature across all operating markets. When users input counterfeit-related terms, such as “fake,” “counterfeit,” or “dupe,” these searches return no results, and educational messages are displayed to discourage the purchase of counterfeit goods. As of May 2026, this feature has blocked counterfeit-related keyword searches over 200 million times globally, providing real-time guidance to consumers at the point of search.

Temu launched its Local Seller Program in Korea in May 2025, giving local businesses a way to sell and ship to millions of domestic customers, while offering Korean shoppers a wider range of products. As K-brands grow their presence on the platform, the partnership with KOIPA is intended to help strengthen IP protection as they expand into new markets.

Temu is also a member of the International AntiCounterfeiting Coalition, International Trademark Association and MARQUES IP Association.

About Temu
Temu is a global e-commerce platform connecting consumers with millions of manufacturers, brands, and business partners. Operating in more than 90 markets worldwide, Temu is committed to providing affordable, high-quality products that enable customers to live better lives.

About KOIPA
The Korea Intellectual Property Protection Agency (KOIPA) is a public institution dedicated to protecting the intellectual property rights of Korean enterprises domestically and internationally. Through proactive anti-counterfeiting measures and comprehensive IP support, KOIPA aims to foster a fair and sound business ecosystem for Korean brands worldwide.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/temu-signs-mou-with-korean-intellectual-property-protection-agency-to-strengthen-ip-protection-for-korean-brands-302814769.html

SOURCE Temu

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MDT Launches AMR4020VD High-Precision Magnetic Scale Sensor IC

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— Advanced Sensor Design and Innovative Package Design Enable Parallel PCB Mounting for Compact, High-Precision Industrial Motion Control Systems

SHANGHAI, July 1, 2026 /PRNewswire/ — MultiDimension Technology Co., Ltd. (MDT), a leading supplier of magnetic sensors specializing in Tunneling Magnetoresistance (TMR) technology, today announced the launch of its AMR4020VD high-precision magnetic scale sensor IC for linear and rotary displacement measurement. MDT will showcase the new sensor, together with its latest TMR and AMR magnetic sensor portfolio, at Electronica Shanghai 2026 (Booth N3.501).

The AMR4020VD combines MDT’s advanced AMR sensor design with innovative package design to deliver high measurement accuracy, excellent temperature stability, outstanding immunity to external magnetic field interference, and easier system integration for compact encoder designs. The sensor significantly relaxes the alignment and mounting constraints of conventional magnetic scale sensors, giving engineers greater design flexibility for next-generation encoder and motion control systems.

A key innovation of the AMR4020VD is its support for both perpendicular and parallel PCB mounting relative to the magnetic scale or magnetic ring. Unlike conventional solutions that require the sensor to be mounted along the PCB edge, the AMR4020VD enables parallel PCB mounting, maximizing board space utilization while simplifying routing and system integration. The innovative configuration also enables more consistent air-gap control during assembly, improving assembly consistency and manufacturing yield while maintaining high positioning accuracy. By removing longstanding PCB layout and assembly constraints, the AMR4020VD gives encoder designers greater freedom to develop smaller, more reliable, and more cost-effective industrial motion control systems.

The AMR4020VD is ideal for industrial encoders, CNC machines, linear motors, robotics, semiconductor manufacturing equipment, precision positioning stages, and other high-performance motion control applications.

Key Features

Advanced sensor design and innovative package design enabling both parallel and perpendicular PCB mounting for greater layout flexibility.Optimized for 2mm pole-pitch magnetic scales and magnetic rings.Differential sine/cosine outputs for high-resolution position interpolation.Wide 5V to 9V operating voltage.Industrial operating temperature range of -40°C to +125°C.High immunity to external magnetic fields up to 1500 Gauss.Supports air gaps up to approximately 1mm, simplifying installation and mechanical design.Compact DFN21L package (6×2×1.5mm).

The AMR4020VD is available through DigiKey and MDT’s online store at www.tmr-sensors.com. For volume pricing, delivery information, or technical support, please contact MDT Global Sales at sales@dowayusa.com.

About MDT
MultiDimension Technology was founded in 2010 in Zhangjiagang, Jiangsu Province, China, with branch offices in Shenzhen, Chengdu, and Ningbo in China, Singapore, Tokyo, Japan, and San Jose, Calif., USA. MDT has developed a unique intellectual property portfolio, and its self-owned state-of-the-art TMR manufacturing facilities that can support volume production of high-performance, low-cost TMR magnetic sensors to satisfy the most demanding application needs. Led by its core management team of elite experts and veterans in magnetic sensor technology and engineering services, MDT is committed to creating added value for its customers and ensuring their success. For more information about MDT please visit http://www.multidimensiontech.com.

Media Contacts
MDT sales department, sales@dowayusa.com, sales@dowaytech.com
Tel: +1-650-275-2318 (US), +86-189-3612-1156 (China)

View original content:https://www.prnewswire.com/apac/news-releases/mdt-launches-amr4020vd-high-precision-magnetic-scale-sensor-ic-302814750.html

SOURCE MultiDimension Technology Co., Ltd.

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