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CloudWalk’s AI Stops $2 Billion in Fraud, Leads Fintech Innovation in LatAm Tech Report

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Owner of InfinitePay and Jim.com recognized as a top Latin American fintech, setting benchmarks in banking, artificial intelligence adoption, digital security, and instant payments

SÃO PAULO, Dec. 20, 2024 /PRNewswire/ — CloudWalk, the financial technology company behind InfinitePay and Jim.com, has been highlighted in the Latam Tech Report 2024, one of the most respected reports on innovation and investments published by Latitud. The fintech was recognized as a leader in banking, artificial intelligence adoption, digital security, and instant payments.

The report emphasizes CloudWalk’s AI-powered fraud detection system, which combines predictive analysis models with real-time monitoring. This system enabled the company to prevent $2 billion in fraud between June 2023 and June 2024. Furthermore, AI-based products developed by CloudWalk over the past two years are projected to generate hundreds of millions in additional revenue in 2024.

Luis Silva, CEO and founder of CloudWalk, provides insights on two key trends for the financial sector in 2025: the impact of instant payments and the adoption of AI in business operations. On both fronts, CloudWalk is recognized as a global leader.

“The future belongs to fintechs that embrace the transformative power of artificial intelligence. Those that don’t will inevitably lose the ability to innovate and impact their customers’ lives meaningfully. Automating repetitive tasks, enhancing transfer security, and delivering personalized product recommendations and credit proposals—AI allows us to operate with precision at a scale that would otherwise be unattainable.”

“By the end of 2024, 90% of customer support interactions at InfinitePay were handled by AI-driven tools, up from 75% the previous year. These interactions are resolved within seconds, with satisfaction levels comparable to those of our best human analysts. This efficiency gain in customer service is expected to result in annual savings of $20 million,” says Silva.

On instant payments, he highlighted the importance of quick fund transfers for SMBs: “For small merchants, the value of instant payments goes beyond convenience. It directly ties to the quick availability of funds, minimizing the impact of inflation, accelerating cash flow, purchases, and sales, and ultimately driving prosperity.”

The report provides a comprehensive analysis of fintech trends across Latam. This ecosystem analysis was complemented by Latitud’s in-depth exploration of recent regional data and conversations with over 50 founders and investors, offering valuable insights into the sector’s evolution and opportunities. Download here.

View original content:https://www.prnewswire.com/news-releases/cloudwalks-ai-stops-2-billion-in-fraud-leads-fintech-innovation-in-latam-tech-report-302337301.html

SOURCE CloudWalk

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OPTICAL CABLE CORPORATION SCHEDULES CONFERENCE CALL TO DISCUSS FOURTH QUARTER AND FISCAL YEAR 2024 RESULTS

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ROANOKE, Va., Dec. 20, 2024 /PRNewswire/ — Optical Cable Corporation (Nasdaq GM: OCC) (“OCC®”) today announced that it will release its fourth quarter and fiscal year 2024 results on Monday, December 23, 2024. The fourth quarter and full year results are for the three-month and twelve-month periods ended October 31, 2024. The Company will also host a conference call on Monday, December 23, 2024, at 10:30 a.m. Eastern Time.

Individuals wishing to participate in the conference call should call (800) 445-7795 in the U.S. or (785) 424-1699 internationally, Conference ID: OCCQ424. For interested individuals unable to join the call, a replay will be available through Monday, December 30, 2024, by dialing (800) 839-7414 or (402) 220-6068. The call will also be broadcast live over the internet and can be accessed by visiting the investor relations section of the Company’s website at www.occfiber.com.

As in the past, OCC will answer questions from analysts and fund investors during the conference call. OCC also invites individual investors to submit questions in advance of the conference call. Questions should be submitted in writing to occ-jfwbk@joelefrank.com by 9:00 a.m. Eastern Time on Monday, December 23, 2024.

Company Information

Optical Cable Corporation (“OCC®”) is a leading manufacturer of a broad range of fiber optic and copper data communication cabling and connectivity solutions primarily for the enterprise market and various harsh environment and specialty markets (collectively, the non-carrier markets) and also the wireless carrier market, offering integrated suites of high-quality products which operate as a system solution or seamlessly integrate with other components.

OCC® is internationally recognized for pioneering innovative fiber optic and copper communications technologies, including fiber optic cable designs for the most demanding environments and applications, copper connectivity designs to meet the highest data communication industry standards, as well as a broad product offering built on the evolution of these fundamental technologies.

OCC uses its expertise to deliver cabling and connectivity products and integrated solutions that are best suited to the performance requirements of each end-user’s application. And OCC’s solutions offerings cover a broad range of applications—from commercial, enterprise network, datacenter, residential and campus installations to customized products for specialty applications and harsh environments, including military, industrial, mining, petrochemical and broadcast applications, as well as for the wireless carrier market.

Founded in 1983, OCC is headquartered in Roanoke, Virginia with offices, manufacturing and warehouse facilities located in Roanoke, Virginia, near Asheville, North Carolina and near Dallas, Texas. OCC’s facilities are ISO 9001:2015 registered and its Roanoke and Dallas facilities are MIL-STD-790G certified.

Optical Cable Corporation™, OCC®, Procyon®, Superior Modular Products™, SMP Data Communications™, Applied Optical Systems™, and associated logos are trademarks of Optical Cable Corporation.

Further information about OCC® is available at www.occfiber.com.

AT THE COMPANY: 

Neil Wilkin                                                     

Tracy Smith

Chairman, President & CEO                         

Senior Vice President & CFO

(540) 265-0690                                               

(540) 265-0690

investorrelations@occfiber.com                     

investorrelations@occfiber.com  

AT JOELE FRANK, WILKINSON BRIMMER KATCHER:

Aaron Palash   

Spencer Hoffman

(212) 355-4449 ext. 8603   

(212) 355-4449 ext. 8928

occ-jfwbk@joelefrank.com 

occ-jfwbk@joelefrank.com

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/optical-cable-corporation-schedules-conference-call-to-discuss-fourth-quarter-and-fiscal-year-2024-results-302337797.html

SOURCE Optical Cable Corporation

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JOSH BERMAN JOINS ASSEMBLY AS EVP, ASSEMBLY LEAD IN NORTH AMERICA

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Strategic hire underscores Assembly’s commitment to bolstering its leadership team to deliver best-in-class services and results for its clients. 

NEW YORK, Dec. 20, 2024 /PRNewswire/ — Assembly, a leading global marketing agency within the Stagwell (STGW) network, today announced the appointment of Josh Berman as Executive Vice President, Assembly Lead. Earlier this year, Assembly unveiled a new operating structure with teams organized into ‘Assemblies’ based on geography and industry sector. Based in New York, Berman will co-lead Assembly East, focusing on deepening brand relationships, driving innovation, and providing more rigor, expertise, and growth for clients.

Berman brings 15 years of media industry experience to Assembly. Most recently, as Managing Partner and Client Lead at Wavemaker, he led media planning and buying for a major Church & Dwight brand and contributed to global product development initiatives, leveraging data and technology to craft effective marketing solutions. Over his career, Josh has partnered with marquee brands across various industries, including Citi, Campbell’s, IKEA, Tiffany & Co., Amgen, Marriott, and AT&T. 

Berman’s appointment is part of Assembly’s ongoing growth efforts, ensuring that the agency remains at the forefront of the industry and continues to meet clients’ evolving needs.

“Our clients get the best of both worlds—an agency big enough to lead yet small enough to care—which means each client receives the attention, dedicated leadership, and prioritization the industry and clients are demanding,” said Rick Acampora, Global CEO of Assembly. “Josh’s extensive experience in media strategy, analytics, client leadership, and innovation, coupled with his ability to fuse media and creative to unlock and accelerate brand performance, will be instrumental as we continue to elevate and find the change that fuels growth for our clients. We are thrilled to have him join our team.”

Berman’s role is effective immediately.

ABOUT ASSEMBLY
Assembly is a leading global omnichannel media agency that merges data, talent, and technology to catalyze growth for the world’s most esteemed brands. Our holistic approach weaves together compelling brand narratives with a comprehensive suite of global media capabilities, driving performance and fostering significant business expansion. Our initiatives are powered by STAGE, our proprietary operating system, and executed by a dedicated global team of over 2,300 professionals across 35 offices worldwide. Committed to purposeful action, Assembly leads the way in social and environmental impact within the agency realm. As a proud member of Stagwell, the challenger network designed to revolutionize marketing, Assembly continues to set new standards of excellence. For more information, please visit assemblyglobal.com.

Contact
Mariana Delacqua
mariana.delacqua@assemblyglobal.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/josh-berman-joins-assembly-as-evp-assembly-lead-in-north-america-302337752.html

SOURCE Assembly

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Newline Interactive Unveils Newline Signage Pro: Revolutionizing Digital Signage Management

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Newline Interactive announces the launch of Newline Signage Pro, an innovative digital signage software designed to simplify and elevate content management for organizations of all sizes.

ALLEN, Texas, Dec. 20, 2024 /PRNewswire-PRWeb/ — Newline Interactive, a global leader in interactive display solutions and AV technology, is proud to announce the launch of Newline Signage Pro, an innovative digital signage software designed to simplify and elevate content management for organizations of all sizes.

With Newline Signage Pro, businesses can streamline their digital signage operations through an all-in-one platform that combines powerful features with ease of use.

With Newline Signage Pro, businesses can streamline their digital signage operations through an all-in-one platform that combines powerful features with ease of use. The software introduces a comprehensive online admin portal, allowing users to effortlessly control their digital content, customize layouts, and manage devices from anywhere.

“We designed Newline Signage Pro with the needs of our customers in mind,” said Chris Bradford, President of Newline. “This software offers robust features while remaining intuitive and accessible, ensuring that anyone can create impactful digital signage without a steep learning curve.”

Key Features of Newline Signage Pro Include:

Streamlined Registration Process: Register devices individually or in bulk using serial numbers, QR codes, or Excel files for a quick and hassle-free setup.Efficient Device Grouping: Organize and manage devices seamlessly for efficient content deployment.Versatile Pre-defined Layouts: Choose from six professionally designed layouts tailored to various display configurations.User-Friendly Content Creation: Craft stunning content with an intuitive drag-and-drop interface.Rich Content Support: Incorporate images, videos, live feeds, weather updates, QR codes, and more into your displays.Live Feed Integration: Engage your audience with real-time feeds from platforms like YouTube Live and Twitch.Simple Scheduling: Schedule content effortlessly to ensure timely and targeted messaging.Seamless Integrations: Sync events and presentations with Google Slides and Calendar and enhance creativity with Canva (coming soon).Fully Integrated System: Preloaded features designed for compatibility with Newline’s Q Pro & STV+ displays, with support for more devices coming soon.

Newline Signage Pro empowers users to deliver engaging and visually compelling content while saving time and resources. Whether it’s for education, retail, corporate, or healthcare environments, the software offers flexibility and tools needed to meet diverse digital signage needs.

Newline Signage Pro is now available and comes preloaded on select Newline displays. For more information, visit https://newline-interactive.com/usa/products/newline-signage-pro/

About Newline Interactive

Headquartered in Allen, Texas, Newline Interactive is a leading supplier of audio-visual technology and innovative software that increases productivity and enables collaboration. Newline Interactive develops products that help organizations in a wide range of vertical markets including financial services, education, healthcare, law enforcement, manufacturing, municipalities, and legal services. For more information, visit www.newline-interactive.com.

Media Contact

Ashlea Dunagan, Newline Interactive, 1 8882330868, adunagan@newline-interactive.com, https://newline-interactive.com/usa 

Twitter, LinkedIn

View original content to download multimedia:https://www.prweb.com/releases/newline-interactive-unveils-newline-signage-pro-revolutionizing-digital-signage-management-302337007.html

SOURCE Newline Interactive

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