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XTransfer Launches Self-Developed Large Language Model TradePilot

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First Large Language Model in the Foreign Trade Financial Industry

SHANGHAI, Sept. 11, 2024 /PRNewswire/ — XTransfer, the World’s Leading & China’s No.1 B2B Cross-Border Trade Payment Platform, is delighted to announce the successful launch of TradePilot, its self-developed large language model (LLM) for the foreign trade financial industry. This marks a significant advancement in foreign trade financial services for B2B small and medium-sized enterprises (SMEs).

With the rapid development of artificial intelligence technology, particularly using LLMs in various fields, the foreign trade financial sector has also seen new opportunities for transformation. After years of technological research and innovative practices, XTransfer has successfully introduced its self-developed LLM TradePilot for the foreign trade financial industry, marking a new stage for foreign trade financial services for B2B SMEs. This also signals the beginning of the “intelligent emergence” era for the foreign trade financial industry.

Currently, multimodal, long-context and AI Agents are three important directions in the field of AI LLMs, each with unique applications and research value. Multimodal relates to artificial intelligence systems that can process and understand different data types, including text, images, sound, and video. These systems can extract information from multiple data sources and conduct comprehensive analysis and understanding.

As an artificial intelligence system capable of understanding and processing long texts, long-context LLMs can understand complex semantics and logical structures, and provide long text content through natural language understanding, machine translation, and more. Natural language processing (NLP) handles topics, emotions, and logical relationships in long articles.

AI Agent is an artificial intelligence system that can autonomously perform tasks, make decisions, and interact with other systems or users. These agents can be virtual (chatbots and virtual assistants) or physical (autonomous vehicles and robots).

These three directions in artificial intelligence are interconnected and collectively drive the development and application of technology. Today, as global trade continues to evolve, foreign trade enterprises face unprecedented challenges and opportunities. XTransfer is dedicated to reducing the barriers and costs of global expansion for SMEs through technological means, and to promoting the digital development of the foreign trade industry.

Last year, XTransfer began research and development on TradePilot, an LLM for the foreign trade financial industry. The goal is to improve the efficiency and security of payment and financial services using advanced data analysis and artificial intelligence technology. After multiple rounds of improvements, the model incorporates a significant amount of business data and market demand. It uses the latest LLM training and fine-tuning techniques to ensure exceptional performance in risk management, customer service, and more.

In June of this year, XTransfer completed the training of two versions of the self-developed LLM TradePilot. TradePilot competed with many well-known domestic and international LLMs, including GPT-4, in the foreign trade financial professional knowledge assessment and won first place in the overall score*. Initial feedback suggests that the model has significantly improved transaction security and efficiency while reducing costs for foreign trade SMEs. It is gradually being effectively applied in multiple domains.

In terms of risk identification and management, TradePilot, through powerful context reasoning and natural language processing capabilities, can accurately predict and prevent potential transaction risks, greatly enhancing the market competitiveness of foreign trade SMEs.

The shift of B2B foreign trade business from offline to online has accelerated in recent years. However, the B2B model still involves many offline activities, leading to scattered and unstructured transaction data. This presents a challenge for anti-money laundering (AML) risk control in the B2B cross-border financial industry.

XTransfer has developed a data-driven, automated, internet-based, and intelligent infrastructure for AML risk control infrastructure centred around SMEs, establishing a new standard in AML risk control for the B2B foreign trade financial industry. By utilising multimodal information extraction of LLMs, including proforma invoices, logistics documents, and bills, XTransfer has achieved automatic matching of buyers and sellers, audit, and account verification, further improving the efficiency of AML risk control.

On the customer service front, TradePilot has integrated XTransfer AI-based customer service, achieving significant advancements in semantic recognition and understanding, effective response capabilities, and engaging exploration capabilities. The AI-based customer service response rate has increased from 13% to 84.2%.

Moreover, to fulfil foreign trade companies’ marketing and customer acquisition requirements, TradePilot’s AI-powered website has created tens of thousands of websites, thereby reducing the barrier to creating foreign trade websites. “AI Staff” have also assisted numerous foreign trade businesses in achieving precise customer acquisition.

Regarding technical implementation, TradePilot adopts a distributed computing architecture, ensuring the efficiency and stability of data processing. At the same time, TradePilot placed high importance on data security and privacy protection from the outset, in compliance with international and regional laws and regulations. Through encryption technology, access control, and audit mechanisms, the model ensures the integrity and security of user data.

The successful implementation of XTransfer’s LLM TradePilot for the foreign trade financial industry not only brings tangible benefits to foreign trade enterprises but also has a profound impact on the entire B2B foreign trade financial industry. With the model’s promotion and application, it is expected to drive the industry towards a more efficient, secure, and intelligent direction. In the future, XTransfer will continue to focus on technological innovation to promote the digital development of global trade.

Li Weitong, Senior Technical Director of XTransfer, stated: “The successful implementation of our self-developed LLM for the foreign trade financial industry is an important milestone. It not only demonstrates our technological innovation capabilities but also showcases our deep understanding of B2B foreign trade and precise grasp of the needs of SMEs. We believe that as the model continues to improve, it will bring even greater value to foreign trade enterprises. We look forward to seeing more enterprises achieve greater success in the global market through our technology and services.”

*Note: The evaluation is based on 5,000 foreign trade/cross-border financial-related test questions arbitrarily extracted from professional books, and the evaluation of the answers given by TradePilot and many well-known domestic and foreign large language models, with the main dimensions of factuality, relevance, and completeness, and the results of the evaluation by XTransfer’s expert panel (without labelling the names of the large language models).

– END –

About XTransfer

XTransfer, World’s Leading & China’s No.1 B2B Cross-Border Trade Payment Platform, is dedicated to providing SMEs with secure, compliant, fast, convenient and low-cost foreign trade payment & fund collection solutions, significantly reducing the cost of global expansion and enhancing global competitiveness. Founded in 2017, the company is headquartered in Shanghai and has branches in Hong Kong SAR, the United Kingdom, the Netherlands, the United States, Canada, Japan, Australia, and Singapore. XTransfer has obtained local payment licenses in Hong Kong, the United Kingdom, the United States, Canada, and Australia. With more than 550,000 enterprise clients, XTransfer has become the industry No.1 in China.

By cooperating with well-known multinational banks and financial institutions, XTransfer has built a unified global multi-currency clearing network and built a data-based, automated, Internet-based and intelligent anti-money laundering risk control infrastructure centred on small and medium enterprises. XTransfer uses technology as a bridge to link large financial institutions and small and medium enterprises around the world, allowing SMEs to enjoy the same level of cross-border financial services as large multinational corporations.

XTransfer completed its Series D financing in September 2021 and achieved unicorn status. The Company possesses a diverse composition of international investors, including D1 Capital Partners LP, Telstra Ventures, China Merchants Venture, eWTP Capital, Yunqi Capital, Gaorong Capital, 01VC, MindWorks and Lavender Hill Capital Partners.

For more information: https://www.xtransfer.com/

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ICEYE expands its Earth Observation capabilities with launch of two SAR satellites for mid-inclination orbit on the Bandwagon-2 mission with SpaceX

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Mid-inclination orbit provides more SAR-imaging opportunities at middle latitudes of the globe for ICEYE customers.

HELSINKI, Finland, Dec. 21, 2024 /PRNewswire/ — ICEYE, the global leader in SAR satellite operations for Earth Observation and persistent monitoring, announced today that it has launched two new satellites to its constellation of SAR satellites. Both satellites expand the availability of ICEYE’s latest imaging technology to deliver additional 25 cm imaging capacity. The satellites were integrated via Exolaunch and launched as part of the Bandwagon-2 rideshare mission with SpaceX from Vandenberg Space Force Base in California, USA. Both satellites have established communication, and early routine operations are underway. With today’s launch, ICEYE has successfully launched 40 satellites into orbit since 2018, with nine satellites launched in 2024 alone.

The new SAR satellites were launched into mid-inclination orbits; compared to a polar orbit, these mid-inclination orbits provide more than twice the collection opportunities at middle latitudes of the globe. ICEYE customers have many areas of interest in these middle latitudes (+/- 45 degrees), and these customers will benefit from increased persistence over these regions. Customers with imaging interests outside these middle latitudes will continue to benefit from the frequent revisit enabled by ICEYE’s dozens of satellites in polar orbits. ICEYE’s unique mix of mid-inclination and polar orbits provides its customers with deep revisit capabilities for targets all around the globe. The new satellites will serve ICEYE’s commercial missions as part of the world’s largest SAR satellite constellation owned and operated by ICEYE.

Rafal Modrzewski, CEO and Co-founder of ICEYE said: “This launch marks another significant milestone in ICEYE’s ability to provide our customers with a rich diversity of collection opportunities. We bolster our industry-leading SAR constellation and expand our customers’ collection opportunities in the areas most important to them.”

Today’s launch is another step forward in ICEYE’s steady drumbeat of innovative breakthroughs in Earth Observation. This year alone, ICEYE has, for example, introduced Dwell Precise, a new 25 cm imaging mode that offers its customers the highest-fidelity 25cm imaging capability, and adds advanced capability to ICEYE’s line of Dwell products; launched an API that allows customers to directly task its SAR satellite constellation; and launched ICEYE Ocean Vision to provide actionable intelligence for maritime domain awareness.

About ICEYE

ICEYE delivers unparalleled persistent monitoring capabilities to detect and respond to changes in any location on Earth, faster and more accurately than ever before.

Owning the world’s largest synthetic aperture radar (SAR) satellite constellation, ICEYE provides objective, near real-time insights, ensuring that customers have unmatched access to actionable high-quality data, day or night, even in challenging environmental conditions. As a trusted partner to governments and commercial industries, ICEYE delivers intelligence in sectors such as insurance, natural catastrophe response and recovery, security, maritime monitoring, and finance, enabling decision-making that contributes to community resilience and sustainable development.

ICEYE operates internationally with offices in Finland, Poland, Spain, the UK, Australia, Japan, UAE, Greece, and the US.  We have more than 700 employees, inspired by the shared vision of improving life on Earth by becoming the global source of truth in Earth Observation.

Media contact: press@iceye.com

Visit www.iceye.com and follow ICEYE on LinkedIn and X for the latest updates and insights.

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Wrap Up the Holidays with Bedsure Exceptional Discounts

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NEW YORK, Dec. 21, 2024 /PRNewswire/ — The holiday season has arrived, and Bedsure is bringing warmth and coziness to gift-giving with exceptional discounts on a selection of premium products. From luxurious throw blankets to versatile wearable blankets and complete bed-in-a-bag sets, Bedsure offers ideal holiday gifts for everyone. With special discounts, this is the perfect opportunity to bring comfort and joy to loved ones.

Top Picks for This Holiday Season

1. Arch Shaggy Sherpa Fleece Blanket – 28% Off
This ultra-soft throw, now just $12.99 (original price $17.99), combines warmth with elegance. Featuring a stylish jacquard pattern, it adds charm to any space and serves as a versatile gift or companion for chilly evenings. Lightweight yet cozy, this blanket is designed to provide comfort and durability.

2. Sherpa Fleece Wearable Blanket – 20% Off
The ultimate gift of comfort, this wearable blanket features a plush flannel exterior and Sherpa lining for luxurious warmth. Thoughtful details such as ribbed cuffs and spacious pockets make it a practical choice for lounging or staying cozy during the holidays. Now available for $23.99 (original price $29.99), this winter essential offers unmatched value.

3. Vegan Fur Blanket – 43% Off
A touch of luxury is easy to achieve with the Bedsure Vegan Fur Blanket, priced at $33.99 (original price $59.99). This ultra-fine faux fur throw provides elegance and comfort, mimicking the softness and texture of real fur in a cruelty-free design. It’s perfect for cozying up or making a stylish statement.

4. Marilyn Monroe™ Sherpa Blanket – 67% Off
Hollywood glamour meets comfort with the Marilyn Monroe™ Sherpa Blanket. Inspired by pop art, this lightweight and cozy throw features a vibrant design that pays tribute to an icon. At just $9.99 (original price $29.99), it’s a stylish yet affordable holiday gift.

5. Pintuck Bed-in-a-Bag – 7-Piece – 64% Off
The all-in-one 7-piece bedding set, available for $26.79 (original price $74.99), transforms any bedroom with its elegant pinch pleat design and cloud-like microfiber comforter. Combining sophistication with practicality, it’s a thoughtful gift or the perfect holiday home upgrade.

Why Choose Bedsure This Holiday Season?

Unbeatable Discounts: Save up to 67% on top products that blend comfort and style.Perfect for Every Occasion: Whether it’s a Christmas gift, a New Year surprise, or an upgrade for the home, Bedsure’s collection offers a variety of options.High-Quality Comfort: Each product is crafted with premium materials to ensure warmth, softness, and long-lasting durability.

This holiday season, Bedsure provides the perfect opportunity to share comfort and joy. Exclusive deals are available for a limited time, making it the ideal moment to explore the collection and make the season unforgettable.

About Bedsure:

Founded in 2016, Bedsure is a leading home textile brand with products sold to over 15 million customers worldwide. Currently, Bedsure has over 50 bestselling home products in 8 countries and has maintained a compound growth rate of 100% for five consecutive years. While Bedsure has grown into a global company with diverse products to meet different customer needs, its focus on comfortable home products and everyday value stays the same. For more information, visit Bedsure’s official website https://bedsurehome.com/, or Amazon shop https://www.amazon.com/bedsure. Stay in touch with Bedsure on social media @bedsurehome.

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Juliettdate Launches Drafts Feature to Ensure More Seamless Communication for Users

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Juliettdate, an online dating platform, has introduced a new feature called Drafts to improve communication on its dating platform.

TALLINN, Estonia, Dec. 21, 2024 /PRNewswire-PRWeb/ — Picture this: you’ve found an interesting match on a dating website, your conversation flows, and messages fly back and forth as you dive into an engaging discussion. Then, a technical glitch happens — your browser crashes, or you accidentally close the chat. Suddenly, the message you were crafting is gone, and you can’t quite remember what you wanted to say.

To make sure moments like this don’t disrupt your conversations, Juliettdate has introduced the Drafts feature. This handy addition allows users to save unsent or incomplete messages for up to 30 days. You can revisit, edit, and send your drafts at any time during this period.

How Draft Feature on Juliettdate Works

Messages are automatically saved as drafts every few seconds, requiring no action from the user. No matter if you’re composing a thoughtful reply or managing multiple conversations on the go, your progress remains securely saved.Drafts are synced across the platform’s web and mobile versions, allowing users to pick up right where they left off, whether on their phone or desktop.After 30 days, messages that haven’t been acted upon will be automatically removed.

The idea for the Drafts feature came straight from user feedback. Many shared how frustrating it was to lose messages mid-conversation, especially when the dialogue was meaningful. With this feature, Juliettdate users can stay connected and maintain the rhythm of their chats without worrying about interruptions or lost words.

The Drafts feature is just one of many ways Juliettdate works to improve the platform. In 2024, the company conducted over 120 product tests to improve the functionality and usability of its dating platform.

Along with working on user functionality, Juliettdate is constantly enhancing the security of its site by leveraging different measures. For instance, the platform has incorporated a patented AI anti-fraud solution that swiftly detects fraudulent activities, ensuring a safer environment for users. Additionally, Juliettdate employs robust moderation systems to identify and remove fraudulent accounts and unwanted content, further protecting its community.

About Juliettdate

Juliettdate is an online dating platform that connects those interested in meaningful relationships. It provides a space for users to chat and build connections with people from different countries.

Media Contact

Olive Parra, Juliettdate, 1 888 234-6786, smm@juliettdate.com, https://juliettdate.com/

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