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NEW AI COPILOT PLUGIN IS A BREAKTHROUGH FOR FINANCIAL INSTITUTIONS, TRANSFORMING EXISTING, SILOED SYSTEMS IN SECONDS

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AMSTERDAM, June 6, 2024 /PRNewswire/ — A groundbreaking generative AI copilot plugin, launched by Lucinity at Money2020 Europe, delivers immediate ROI. The copilot plugin is system-agnostic, acting as one central copilot that can be used on top of all web-based enterprise applications, pulling data from any system including Customer Relationship Management (CRM) systems, case management systems, third-party vendors, and Excel documents.

 

The new plugin enhances Lucinity’s AI copilot, ‘Luci,’ launched last year as the world’s first AI copilot for financial crime prevention. This new plugin functionality now means that Luci is the easiest copilot to integrate into any financial institution (FI), boosting productivity by up to 90% and resulting in substantial cost savings.

It also means that businesses can keep the same licenses and contracts they already have with their current providers, while augmenting their insights and accelerating decision making. FIs can now start using GenAI without the constraints, enormous costs, and lengthy timelines of traditional implementations.

Lucinity has also released the Copilot Skills Studio, an innovative workflow automation studio leveraging Generative Intelligence Process Automation (GIPA). GIPA combines traditional AI, generative AI, and Robotic Process Automation (RPA) all in one, to automate end-to-end processes that typically involve repetitive work, information gathering and analysis, or human-like decision making abilities.

This includes automating end-to-end workflows to gain insights on customers, such as running a negative news search, producing a transaction summary from a screenshot of Excel, and obtaining a money flow visualization from a customer’s transactions. At the end, all the insights can be directly added to a case or a customer’s profile. This process typically requires one to four hours, but can now be performed in a matter of minutes. Through this technology, FIs are now able to automate entire workflows that they could initially only perform by executing various tasks across multiple systems.

Lucinity’s customers are already witnessing the power of Luci in action. Hannah Becher, Fraud and AML Surveillance Lead from Pleo, a fintech company that provides businesses with spending solutions, says: “Luci is streamlining Pleo’s proof of business (POB) checks, significantly enhancing the efficiency and accuracy of verifying the legitimacy of new customers. With Luci, these checks are completed in a matter of minutes.

“The process runs automatically or is manually initiated as part of the review process. Luci not only evaluates the legitimacy of businesses but also provides well-documented recommendations with complete references to the data sources used, ensuring full auditability and explainability of its assessments. The automated POB check can be reviewed and edited by Pleo’s analysts to ensure correctness.”

“This new innovation will blow your mind,” says GK, Founder and CEO of Lucinity. “One of the most common things we hear from FIs is that they love our products, but they have an old system they can’t get rid of that they’ve just invested in. With our new copilot plug-in, that’s not a problem. I was blown away when using Luci myself in our own CRM system and directly in Microsoft Outlook to prepare for meetings. I never thought I would start to use our own software without working directly in FinCrime prevention, but Luci is just so powerful now that it is even assisting me in my daily work.”

When accessing publicly available data, Luci can be implemented instantly – after which privately-held data sources can be added. Luci can also still be deployed within the complete Lucinity platform, working with powerful modules such as Case Manager and Customer 360°. Lucinity’s platform is also system-agnostic, connecting with any Transaction Monitoring, Fraud, or KYC systems that FIs currently use or would like to integrate with.

In terms of security, Lucinity uses state-of-the-art models like Microsoft Azure Open AI for secure infrastructure. Luci was developed within the world of compliance, ensuring maximum auditability with detailed Audit Log functionality.

Summary of groundbreaking innovations built into the Luci copilot:

Copilot plug-in allows generative AI copilot to work with old and new systems and deliver results immediatelyGIPA platform incorporates advanced artificial intelligence technologies to automate complex cognitive tasksSeamless Copilot Skills Studio to customize automated tasks

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View original content:https://www.prnewswire.co.uk/news-releases/new-ai-copilot-plugin-is-a-breakthrough-for-financial-institutions-transforming-existing-siloed-systems-in-seconds-302166578.html

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Life After Hate Launches HateEraser–A Revolutionary Spray Paint Remover to Eliminate Hate-Based Graffiti

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November 16, 2024

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HateEraser removes hate-based graffiti in communities and gives first-time offenders a second chance through judge-mandated service

NEW YORK, Nov. 16, 2024 /PRNewswire/ — Today, on the International Day for Tolerance and in response to the alarming 600% rise in hate-based graffiti, the Chicago-based nonprofit Life After Hate has launched HateEraser—the first aerosol-gel based formula designed to quickly eradicate hate speech from most surfaces.

Life After Hate is partnering with police stations across the country to distribute HateEraser as part of a new program in which first-time offenders are required to use it during court-mandated community service. This initiative is based on the belief that educating offenders on the damage their actions cause can help prevent them from continuing a life of hate.

“We know that hate-based speech and hate-based graffiti are the first steps to hate-based violence,” remarked Life After Hate Director Pat Riccards. “HateEraser works to change the futures of people motivated by hate and extremist ideologies through education, community service, and helping people alter their path away from a life of continued radical hate.”

The HateEraser formula contains acetone, xylene, and multiple varieties of alcohol and hydrocarbons. “This unique combination of active ingredients,” according to Savannah Technical College Chemistry Professor Ujjvala Bagal, “removes hateful markings as quickly as they were made.”

Street artists do not want to be associated with hate-based graffiti. That’s why they joined in on the HateEraser effort. The cans were designed by street artists from across the country to help inspire change in their communities, with every design telling a different story of acceptance, anti-hate, and empathy. “The hope is that through the HateEraser program, education, action, and strengthening hate crime laws, we can help foster a safe and more accepting community,” said Dina Peck, Chief Creative Officer of The Purpose Group.

“Hate has no place in our art,” Jax, one of the artists on the project, said. “And I’m proud to be a part of something that makes real change in my community.”

Today’s news is the latest glimpse into how Life After Hate has been embracing several innovative solutions for helping individuals disengage from hateful violence and make our communities safer. Last May, the organization unveiled Daily Former Discord, a multi-level public engagement tool. It’s designed to help those currently engaged in violent extremism, those looking to exit such hate groups, and those who have successfully left lives of hate behind reengage in society. 

Learn more at https://hateeraser.org/ 

ABOUT LIFE AFTER HATE

Life After Hate is a leader in the violence intervention community. They are the first nonprofit in the United States dedicated to helping individuals disengage from violent far-right hate groups and hateful online spaces. Since its founding in 2011, Life After Hate has expanded its services to include family members of individuals who are involved with the violent far right or are disengaging.

 ABOUT THE PURPOSE GROUP

The Purpose Group believes all great brands are built on purpose. The Purpose Group is composed of Patients & Purpose and Science & Purpose and is an expanding group of agencies that are part of Omnicom Health Group (OHG)–a global collective of communications companies with more than 5,000 dedicated healthcare communications specialists. OHG provides marketing services to the health and life-science industries.

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SOURCE Life After Hate

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WIN SOURCE Showcased Supply Chain Management Solutions at Electronica 2024, Driving Innovation and Collaboration in the Industry

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November 16, 2024

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MUNICH, Nov. 16, 2024 /PRNewswire/ — WIN SOURCE recently showcased its comprehensive supply chain management solutions at Electronica 2024 (Booth B4-121). Key solutions presented included global sourcing, obsolete management, cost control, and excess inventory management, providing valuable insights to industry professionals.

During the trade show, WIN SOURCE’s WinLink Solution Hub and WinConnect API Solution drew significant attention, enabling customers to streamline BOM management and achieve seamless system integration. At the same time, the company showcased its excess inventory management solutions and anti-counterfeit technologies, demonstrating its commitment to reducing supply chain waste, optimizing inventory utilization, and ensuring product quality. These innovative solutions received high praise from customers and partners, further reinforcing WIN SOURCE’s leadership in supply chain management.

In addition, WIN SOURCE engaged in in-depth discussions with numerous customers, gathering valuable market feedback and exploring future collaboration opportunities. Customers expressed strong appreciation for WIN SOURCE’s support in optimizing supply chain efficiency and strengthening operational resilience, laying a solid foundation for the company’s future business expansion.

“WIN SOURCE has always been dedicated to supporting our customers navigate the evolving market demands through innovative supply chain management services,” said Ethan Tsai, CEO of WIN SOURCE. “We look forward to collaborating with more industry partners to drive supply chain optimization and promote sustainability.”

At this premier global event for the electronics industry, WIN SOURCE showcased its innovative solutions in global supply chain management while gaining valuable insights into market needs and industry trends. WIN SOURCE remains committed to advancing industry standards, optimizing supply chain efficiency, and collaborating with global partners to address future challenges.

About WIN SOURCE

WIN SOURCE specializes in providing comprehensive electronic components and supply chain management services to its customers. The product range includes an extensive variety of electronic components, including integrated circuits (ICs), CPUs, memory modules, and other semiconductor devices, among others. With an extensive global supply chain network, WIN SOURCE collaborates with over 3,000 suppliers, ensuring procurement security through rigorous quality management and a 3-year warranty. Additionally, WIN SOURCE offers fast logistics services with 24-hour shipping to ensure timely delivery. For more information, please visit the WIN SOURCE official website and follow us on Facebook, Twitter, and LinkedIn.

Reprinted from WIN SOURCE ELECTRONIC-NEWS

© 2024 Win Source Electronics. All rights reserved. This content is protected by copyright and may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Win Source Electronics.

Media Contact
E-mail: service@win-source.net
Address: 23046 Avenida de la Carlota, Laguna Hills, CA 92653, United States
Website: win-source.net
win-source.group

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SOURCE WIN SOURCE

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DermRays Black Friday Event Offers Year’s Biggest Savings and Industry Recognition

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2 hours ago

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November 16, 2024

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PLEASANTON, Calif., Nov. 16, 2024 /PRNewswire/ — This Black Friday, DermRays is excited to announce its most significant sale of the year, offering $130 off sitewide from November 16-30th, 2024. With this limited-time discount, customers can experience the brand’s advanced home laser hair removal technology at unbeatable prices. Don’t miss out on this exclusive opportunity to invest in smoother, hair-free skin for less.

In recognition of our commitment to quality and innovation, DermRays V6S model was recently ranked second among the top ten at-home laser hair removal devices globally by Harper’s Bazaar. In their article, “The 10 Best At-Home Laser Hair Removal Devices, According to the Pros“, DermRays stood out as a trusted leader, celebrated for delivering professional-grade results in a convenient, at-home device. For more details, you can explore the full article from Harper’s Bazaar.

It’s essential to clarify the long-term goals of laser hair removal. Technically, it is a process of “laser hair reduction” rather than complete “removal,” as some hair regrowth is normal over time. Even with consistent treatments, new hair from dormant follicles may appear after one to three years. At-home laser devices offer a manageable, convenient skincare routine, giving lasting, visible results in a way that’s easier, faster, and more affordable than traditional methods like waxing or shaving. DermRays aims to set realistic expectations and empower customers with effective, salon-quality solutions at home.

Join us this Black Friday to experience DermRays’ transformative technology at our lowest prices ever, and enjoy smoother, more radiant skin.

Media Contact:
Facebook: @dermraysofficial
Instagram: @dermrays_global
YouTube: @DermRays
TikTok: @dermrays.official
Email: support@dermrays.com 

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View original content:https://www.prnewswire.co.uk/news-releases/dermrays-black-friday-event-offers-years-biggest-savings-and-industry-recognition-302305796.html

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