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Hecto Financial Unveils Revolutionary Solution for Cross-Border Transactions

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SEOUL, South Korea, Feb. 28, 2024 /PRNewswire/ — Navigating the complexities of cross-border transactions is no longer a headache for businesses exploring opportunities in Korea, thanks to Hecto Financial’s groundbreaking Master Account Management Solution(MAMS). This innovative platform promises to revolutionize the way overseas businesses manage their finances in Korea, eliminating the need for separate bank accounts and streamlining the entire payment process.

Effortless 3-in-One Settlement Solution

Hecto Financial’s MAMS offers a comprehensive 3-in-One settlement solution, enabling businesses to manage receivables, payables, and foreign exchange seamlessly. Unlike the traditional method involving three different banks – one for Korea, one as an intermediary, and one in the home country – Hecto Financial’s MAMS simplifies the process by consolidating all functions into its own platform. Clients only need to obtain access to Hecto Financial’s MAMS to handle pay-ins and pay-outs with local Korean partners. MAMS prioritizes user experience, offering a clear one-page overview of payables and receivables. The dedicated team also promptly responds to timely requests throughout the funds’ processing, ensuring a smooth financial journey.

Lower FX Cost Burdens

The payments received are carefully matched with the expenses for specific local Korean partners who exclusively deal in KRW. This balancing act, called “netting” or “offsetting” happens exclusively within the Hecto Financial’s MAMS platform. After handling all the required settlements in KRW, any remaining funds are adeptly converted into the desired currency, mostly in USD, aligning with the preferred currency of the foreign business entity. By diminishing the amount to be converted into a foreign currency upon completing the payment process in Korea, fluctuations in foreign exchange will no longer pose a significant burden for foreign entities.

Beyond Borders: Legal and Tax Advantages

One of the standout features of Hecto Financial’s MAMS is its ability to overcome legal hurdles. Companies do not need to have their physical presence in Korea. Nor do they need to open a bank account tied to a Korean bank. As there is no business activity taking place by a company situated in Korea, there is no legal requirement to pay any corporate taxes or report on transactions to Korean financial authorities. This game-changing approach not only ensures easy compliance but also allows foreign businesses to flourish without the burden of added handling costs.

Innovative Thinking Backed by Experience

With over two decades of experience in the virtual account domain, Hecto Financial is a frontrunner in Korea in this regard. Trusted by numerous B2B clients, including Kakao Pay, Naver Pay, and Coupay, the top three simple pay service providers, as well as major government organizations, Hecto Financial has established a solid reputation. The substantial volume of funds processed annually through Hecto Financial’s virtual account scheme amounts to around KRW 50 trillion (approximately USD 37.5 billion), and even reaching up to KRW 200 trillion (USD 150 billion) when intermediary processing amounts are factored in.

Secure Collaborations with Regulatory Approval

Hecto Financial’s semi-banking activities are officially endorsed by the Korean government, as evidenced by its possession of the requisite license to offer electronic financial transaction services. Hecto Financial has solidified its position through individual contracts with 21 different local banks in Korea. This extensive network is the key that enables users to process their remittances to and from any bank seamlessly, all through a single unified platform. Besides, Hecto Financial’s MAMS platform ensures safety and security of international fund transfers through FX processing with a reputable global bank.

Rising Interest from Industry Giants

Hecto Financial has already garnered notable attention, drawing in distinguished participants from various industries. Among them are industry giants like a leading provider of short-form video content, a prominent platform facilitating overseas direct purchases, and a digital distribution platform specializing in video games. These insightful participants found Hecto Financial’s MAMS having a lucrative business potential as it offers the best way to maximize their sales profit while optimizing cost reduction. With no upfront costs for creating the MAMS, minimal fees for FX conversion, no need for a branch office establishment in Korea, no tax obligation, no compliance hassles, the benefits far surpass expectations. Consequently, the list of esteemed partners continues to grow, promising exciting collaborations on the horizon.

Hecto Financial’s MAMS stands as a testament to the company’s unwavering commitment to simplifying cross-border transactions for businesses operating in Korea. With its innovative approach and extensive experience, Hecto Financial has positioned itself as a reliable partner for foreign businesses looking to thrive in the vibrant Korean market.

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SOURCE Hecto Financial

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CoolFly to Showcase Personal Flight Portfolio and NA80 Flight-Control Technology at IFA Berlin 2026

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Dream ST will be on display as CoolFly highlights flagship Urban, high-performance Dream Pro and its expanding global dealer network

BERLIN, Sept. 6, 2026 /PRNewswire/ — CoolFly, a developer of personal electric aircraft and eVTOL technologies, is showcasing its Dream ST personal aircraft at IFA Berlin 2026, taking place September 4–8 at Messe Berlin.

Dream ST is on display at CityCube Hall B, Booth CCBB-143, in IFA’s Mobility area. While Dream ST is the aircraft physically presented at the show, CoolFly is also introducing its broader product portfolio, including high-performance Dream Pro and flagship Urban.

Dream ST is a lightweight, single-seat electric aircraft designed for personal and recreational flight, featuring a seated configuration and quick-fold design for easier transportation and storage.

Dream Pro extends the platform with greater payload, endurance and performance. It supports a maximum payload of 120 kg, reaches a maximum speed of 100 km/h, and can achieve up to 40 minutes of flight time with a 70 kg pilot onboard, depending on operating and environmental conditions.

Urban, CoolFly’s flagship personal aircraft, features a standing-position configuration and enclosed-propeller architecture, reflecting the company’s effort to create a more intuitive and distinctive personal flight experience.

All three aircraft share CoolFly’s self-developed NA80 flight control system. NA80 uses a dual-redundant architecture with two independent flight-control units, each integrating three aviation-grade inertial measurement units (IMUs). The system continuously monitors aircraft attitude and motion, supports millisecond-level fault detection and failover, and serves as a common technology foundation across CoolFly’s product portfolio.

Dream ST, Dream Pro and Urban have all obtained CE and FCC certifications for applicable product compliance requirements, supporting CoolFly’s continued international expansion.

CoolFly is also actively recruiting dealers, distributors and commercial partners worldwide, with a current focus on Europe, North America, Australia, the Middle East and other key markets.

Prospective partners and media are invited to visit CoolFly at IFA Berlin 2026, CityCube Hall B, Booth CCBB-143.

About CoolFly
CoolFly develops personal electric aircraft and eVTOL technologies, integrating aircraft design, propulsion and self-developed flight-control systems to make personal flight more accessible.

Media: press@coolflyaircraft.com
Business: support@coolflyaircraft.com

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Experience AI Companion in Everyday Life at Hisense IFA 2026

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BERLIN, Sept. 6, 2026 /PRNewswire/ — Hisense, a leading brand in global consumer electronics and home appliances, is inviting visitors at IFA 2026 to experience how AI can make everyday home routines simpler and more intuitive. Under the theme “Innovating a Brighter Life,” the Hisense AI Companion Suite, powered by ConnectLife, brings connected intelligence to the kitchen, laundry and living spaces.

Step into the kitchen and a simple question— “What should I make?”—can set the experience in motion. The AI Companion Refrigerator recognizes stored ingredients and suggests meal ideas based on personal preferences. Once a recipe is selected, it can sync with the AI Companion Oven to support automatic cooking, while the AI Companion Wine Cabinet recommends pairings and maintains suitable storage conditions. After the meal, the AI Companion Dishwasher recognizes dish conditions and adjusts cleaning, demonstrating how AI can support the journey from planning dinner to cleaning up.

In the laundry area, visitors can see how the AI Companion Laundry Suite turns a routine load into a simpler, more automated experience. By recognizing clothing characteristics, it selects suitable wash and dry cycles and adjusts the process automatically, creating a load-and-go experience.

The experience continues in the living space. The AI Companion Air Conditioner senses indoor conditions and user presence, adapting airflow as people move through the room. Meanwhile, the AI Companion Energy System considers weather and time-of-use electricity pricing to help optimize household energy use.

Building on ConnectLife’s support, Hisense is collaborating with Alexa+ to be among the first home appliance brands bringing smart home devices to Amazon’s Alexa+ AI assistant using Amazon’s new Smart Home AI Toolkit. Available in the coming months, Alexa+ customers will be able to control select Hisense air conditioners by simply saying what they need. Alexa+ will then map the request, navigate the settings, and complete the action for them.

Hisense’s approach to innovation has also earned recognition at IFA, with several of its products receiving awards. The Multi Function II Series, an all-in-one energy-saving HVAC solution, received a Winner Award, while the X-zone Master was named an Honoree. The U8 Air Master Air Conditioner, W60 3D Kitchen-fit Series and 60cm Integrated Wine Cabinet were also recognized that underscores Hisense’s focus on combining intelligent technology, thoughtful design and everyday usability.

Across these IFA scenarios, Hisense brings its Smart Home Companion capabilities to life through V AIOS, giving devices the ability to Sense what is happening, Think through what to do, Communicate naturally with users and across devices, and Execute tasks by orchestrating devices and services autonomously. Together, these capabilities help AI Companion Suites understand context, make decisions and take action, helping the home do more while asking less of its users.

About Hisense

Hisense, founded in 1969, is a globally recognized leader in home appliances and consumer electronics with operations in over 180 countries, specializing in delivering high-quality multimedia products, home appliances, and intelligent IT solutions. According to Omdia, Hisense ranks No. 1 globally in the 100-inch and over TV segment (2023-2026H1). As The Origin of RGB MiniLED, Hisense continues to lead the next-generation RGB MiniLED innovation. As the official sponsor of the FIFA World Cup 2026TM, Hisense is committed to global sports partnerships as a way to connect with audiences worldwide.

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Roborock Reports 27.6% Revenue Growth in H1 2026, Reinforcing Global Market Leadership

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BERLIN, Sept. 6, 2026 /PRNewswire/ — Roborock, a global leader in home robotics engineered to simplify daily life, reported revenue of RMB 10.084 billion in the first half of 2026, up 27.6% year on year, while net profit attributable to shareholders rose 45.6% to RMB 986 million. The company also reached a new global milestone, with Roborock recognized as the world’s No.1 robotic vacuum cleaner brand by both IDC and Euromonitor International.

Global Expansion Continues to Strengthen Growth

Roborock’s international business continued to deliver strong growth in H1 2026 across both mature and high-potential markets. During Amazon Prime Day 2026, Roborock ranked No.1 in the robotic vacuum category in Germany, the United Kingdom, Spain, the Netherlands, Belgium, the United States and Canada. In Europe, Roborock reached a 45% share of the robotic vacuum market, with unit sales up 24% year on year, while wet-dry vacuum unit sales grew 112%. In North America, Roborock reached a 33% share of the robotic vacuum market, with unit sales increasing 30% year on year.

Momentum was also strong across key Asia-Pacific markets. Roborock ranked No.1 in both unit shipments and sales value in Australia, Korea, Taiwan region and Türkiye from Q1 2023 to Q1 2026. In Korea, the brand maintained more than 70% share of the premium robotic vacuum segment, while the S10 MaxV Ultra generated approximately KRW 28 billion in sales within ten days of its February 2026 launch. In Japan, Roborock continued to deepen its premium retail presence through cooperation with Yamada Denki, including dedicated brand displays and nationwide availability of flagship products. Across Asia-Pacific, the company continued to combine its global technology platform with localized channel, marketing and service strategies.

Roborock’s global leadership has also been independently recognized by IDC and Euromonitor International. According to IDC, Roborock ranked No.1 globally by both unit shipments and sales value among robotic vacuum brands in H1 2026, while Euromonitor International ranked the brand No.1 globally by retail sales value in 2025. Together, the two rankings reinforce Roborock’s global market leadership and reflect sustained consumer demand worldwide.

Sustained R&D Investment Supports Long-Term Competitiveness

Roborock continued to invest heavily in technology in the first half of 2026, with R&D spending reaching RMB 720 million, up 5.11% year on year and accounting for 7.14% of revenue. The company continues to build capabilities in intelligent navigation, AI-powered environmental perception, cleaning systems and robotic mobility, while increasingly bringing these technologies together at the system level rather than improving individual specifications in isolation. This integrated approach allows technologies proven in flagship products to be brought into a wider range of models and price segments, helping Roborock strengthen its portfolio while making advanced features available to more consumers.

IFA 2026 Highlights the Next Phase of Innovation

At IFA 2026, Roborock is showcasing its latest advances across indoor and outdoor cleaning. Its new robot vacuums and wet-dry vacuums bring advances in steam-powered care, adaptive cleaning and whole-home versatility, while the Roborock Saros Rover introduces a two-wheel-leg architecture designed to expand robotic mobility beyond flat floors. Roborock is also broadening its intelligent cleaning ecosystem with the debut of the RockAqua P1, its first intelligent pool cleaner, alongside the RockNeo Q2 LiDAR robotic mower, extending its autonomous cleaning capabilities across floors, pools and gardens.

View original content:https://www.prnewswire.co.uk/news-releases/roborock-reports-27-6-revenue-growth-in-h1-2026–reinforcing-global-market-leadership-302868216.html

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