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Paze Hits Major Milestone: 125 million Credit and Debit Cardholders Can Check Out Online

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New online checkout solution available to credit and debit cardholders at Bank of America, Capital One, Chase, PNC Bank, Truist, U.S. Bank, and Wells Fargo 

New general manager to lead next phase of Paze SM growth  

NEW YORK, Oct. 1, 2024 /PRNewswire/ — Paze SM, a new online checkout solution from Early Warning Services, LLC., (EWS) is now available for more than 125 million credit and debit cards across the United States. To enroll, eligible customers must activate their Paze digital wallet from their participating banks’ mobile app or when checking out at a participating online retailer. In addition to this milestone, Serge Elkiner joins as Paze general manager to lead the product into its next phase of growth. 

Paze, a reimagined digital wallet offered by banks and credit unions, will combine all eligible credit and debit cards into a single wallet, eliminating the need for manual entry at online checkout. The online checkout solution also provides added security by tokenizing credit and debit card numbers, meaning the 16-digit card number is not shared with the merchant when consumers use Paze to check out. 

Paze was designed with both merchants and shoppers in mind, helping to solve key pain points in the online shopping experience. Checking out with Paze is an easy and convenient experience with no manual card entry, no new passwords to remember1, and no need to download third-party payment applications. With its intuitive interface, Paze empowers consumers to navigate the online checkout process with ease and convenience, while helping to reduce cart abandonment for merchants. 

To date, Paze has provisioned more than 125 million credit and debit cards across Bank of America, Capital One, Chase, PNC Bank, Truist, U.S. Bank, and Wells Fargo. 

“It’s becoming crucial to ensure a convenient online checkout, as more shoppers continue to transition to a digital shopping experience,” said Cameron Fowler, CEO of Early Warning. “Paze now provides more than 125 million credit and debit cardholders the ability to check out easily with the added security of tokenization. We’re also helping merchants to optimize e-commerce transactions and reduce shopping cart abandonment.”

Growing Number of Merchants Adding Paze 

Merchants continue to integrate Paze into their online checkout experience. For example, Teleflora, a near century-old floral service, implemented Paze to provide customers with a better checkout experience. 

“Adding Paze to our online checkout experience gives our customers convenient access to their preferred cards, making them more likely to complete their purchase,” said Matt Faulk, vice president, finance operations, Teleflora. “We’re always looking for ways to enhance our best-in-class shopping experience, and we are pleased to offer a simplified checkout process for the millions of cardholders who can now shop with Paze.”  

In addition to Teleflora, Paze is available at Sephora, ShopRite, Harry & David, Cheryl’s Cookies, The Fresh Grocer, Party City, and Broadway.com, plus GoDaddy’s online payment options available for thousands of small businesses. For a complete list of merchants offering Paze as an online checkout solution, visit the Paze merchant directory.

New General Manager to Lead Next Phase of Paze Growth 

Serge Elkiner, a payments industry leader and tech founder, has joined Early Warning to serve as general manager of Paze.  

Elkiner joins EWS from Visa, where he served as the global head of product for money movement solutions, including Visa Direct. Previously, Elkiner co-founded YellowPepper, a fintech pioneer that played a pivotal role in reshaping mobile payments in Latin America and the Caribbean. 

Elkiner will drive further momentum for Paze and oversee strategy, product development, and financial performance. Leveraging his years of experience in digital finance, he will work closely with financial institutions and partners to double down on merchant adoption and drive growth across broader consumer usage of Paze.

“We’re proud of our achievements so far, and this is just the beginning for Paze. I look forward to having Serge drive consumer, issuer, and merchant adoption across the U.S.,” said Fowler.  

About Paze  

Paze is a reimagined online checkout solution that banks and credit unions offer to consumers and merchants, combining all eligible credit and debit cards into a single wallet and eliminating manual card entry. Solving long-standing challenges in e-commerce, Paze provides an easy experience for consumers and merchants alike. At general availability, more than 150 million credit and debit cards will be available to consumers for making online purchases. To learn more about Paze, visit www.paze.com. Paze is operated by Early Warning Services, LLC, an innovator in financial and risk management solutions.

1 Some merchants may require account setup to make purchases.   

Paze and the Paze related marks are wholly owned by Early Warning Services, LLC. Other product and company names mentioned herein are the property of their respective owners.  

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SOURCE Early Warning Services, LLC

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MOSTLY AI Launches Synthetic Text to Overcome AI Training Plateau and Unlock High-Value Proprietary Data

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As the world runs out of public data to train AI, the new functionality safely unlocks proprietary text data to accelerate LLM development for the deployment of high-quality generative AI solutions

VIENNA and NEW YORK, Oct. 1, 2024 /PRNewswire/ — MOSTLY AI, a pioneer in structured synthetic data, has launched a synthetic text functionality, expanding the power and potential of synthetic data to train AI models as global entities struggle to leverage proprietary data assets because of privacy concerns. With this new functionality, enterprises can unlock the vast amount of proprietary text collected, such as emails, customer support transcripts, and chatbot conversations, without compromising privacy, to train and fine-tune large language models (LLMs) for faster innovation and better decision-making.

“Today, AI training is hitting a plateau as models exhaust public data sources and yield diminishing returns,” said Tobias Hann, CEO of MOSTLY AI. “To harness high-quality, proprietary data, which offers far greater value and potential than the residual public data currently being used, global enterprises must take the leap and leverage both structured and unstructured synthetic data to safely train and deploy forthcoming generative AI solutions.” 

By 2026, Gartner predicts that 75% of companies will use generative AI to create synthetic customer data, up from less than 5% in 2023. MOSTLY AI is enabling this mass adoption by expanding its platform to include synthetic text, which solves three major enterprise challenges today:

Real text data often contains sensitive information, such as personally identifiable information (PII), posing a risk of unintended exposure when used in LLMs.The available text data may not be optimal for LLM training as it often lacks diversity, and manually creating this specialized data is labor-intensive and can yield low-quality results.Companies are shifting focus from public to proprietary data. However, text data is never standalone; it comes intertwined with other structured data about their customer base.

Synthetic data is set to become the driving force behind LLMs. Leveraging advanced tools to unveil deep insights hidden in proprietary data is paramount for strategic, informed decision-making across operations. MOSTLY AI provides companies with a synthetic representation that reflects both the text and the structured insights they hold. By uniquely integrating structured and unstructured data, MOSTLY AI enables enterprises to safely create a complete and statistically accurate picture of their proprietary data assets to fine-tune and deliver high-quality, bespoke generative AI solutions in a safe and compliant way.

In addition to safety and compliance, a critical factor to consider with synthetic text is its quality. When training a downstream text classifier, synthetic text generated by the MOSTLY AI Platform delivers performance improvement as much as 35% compared to text generated by prompting GPT-4o-mini providing either no or just a few real-world examples. This significant boost demonstrates MOSTLY AI’s ability to produce high-quality, impactful synthetic data.

With this launch, enterprises can take any model from Hugging Face and fine-tune it with proprietary text data to generate synthetic data, streamlining a process that is typically complex and time-consuming. This innovation by MOSTLY AI makes it extremely convenient for large organizations to harness the power of creative, private, high quality synthetic text.

“Being able to seamlessly leverage open source models like our own Viking-7B on MOSTLY AI’s platform underlines the transformative potential of synthetic data,” said Peter Sarlin, CEO of Silo AI. “With the ability to privacy-preserving fine-tune models using proprietary text data, we’re moving beyond the sheer quantity of data to a focus on quality, which is critical for the future of AI training.”

“Bringing almost a decade of deep technical expertise, MOSTLY AI delivers superior quality and reliability, and is backed by a highly experienced team and industry-leading technological excellence,” said Christoph Hornung, Partner at Molten Ventures, investor in MOSTLY AI. “With the platform’s expansion into synthetic text, MOSTLY AI is well-positioned to support any enterprise with its sensitive data and LLM needs.”

Founded in 2017, MOSTLY AI works with global enterprises and partners including AWS, Databricks, O2 Telefónica, and more. To learn more about the company’s synthetic text functionality or get in touch with the team, please visit mostly.ai.

About MOSTLY AI
MOSTLY AI pioneered the creation of synthetic data for AI model development. Datasets generated by the MOSTLY AI platform look just as real as a company’s original customer data with just as many details, but without the original personal data points – helping companies comply with privacy protection regulations such as GDPR and CCPA. The fast-growing company currently works with multiple Fortune 100 insurers and banks in Europe and North America. Its team has the deepest expertise in helping companies get business value out of synthetic data.

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SOURCE MOSTLY AI

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Contracts to Payments Simplified, with Integrated Contract, eSignature, Invoice & Document Management Solution

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SUNNYVALE, Calif., Oct. 1, 2024 /CNW/ — SutiSoft, a global leader in cloud-based business solutions, proudly announces the launch of its groundbreaking platform that will redefine the way businesses manage contracts. This innovative solution allows users to create contracts, sign electronically, automatically generate invoices, and securely store documents—all within one seamless, user-friendly interface.

Modernizing Contract Management

In today’s fast-paced business environment, organizations need solutions that streamline operations, eliminate manual processes, and drive productivity. SutiSoft’s new platform delivers just that—offering a comprehensive, end-to-end solution that automate and simplify critical contract management workflows, from creation to completion – all from a single interface, with unprecedented ease and efficiency.

Key Features

Create Contracts Easily: Draft legally binding contracts using a user-friendly interface that supports customizable templates and workflows, ensuring consistency across agreements.eSign Documents: Close deals faster with secure, legally compliant electronic signatures. The platform ensures seamless signing from multiple parties, with real-time notifications and progress tracking.Generate Invoices Automatically: Once a contract is signed, the system automatically generates corresponding invoices, streamlining payment processes and ensuring precise billing.Store and Manage Documents Efficiently: All documents—from contracts to signed agreements and invoices—are securely stored in a robust Document Management System (DMS), ensuring that only authorized people can access the documents with detailed audit trails. 

“Switching between multiple systems to run your core operations adds layers of complexity, slowing down the process and increasing the chances of errors. We believe these critical workflows shouldn’t be so cumbersome. That’s why we envision a streamlined approach where every step—from contract creation to payment—can be managed effortlessly from a single interface. Our all-in-one platform transforms contract management from a fragmented, time-consuming process into a streamlined, efficient workflow. We’re giving companies the tools they need to operate smarter, save time, and stay competitive in a digital-first world.”

-N.D. Reddy, CEO of SutiSoft.

About SutiSoft

SutiSoft provides a wide range of cloud-based software solutions designed to meet the needs of businesses of all sizes. From eSignature solutions to expense management, CRM, and HR, SutiSoft’s offerings help organizations increase productivity, improve efficiency, and drive growth.

To learn more about SutiSoft’s new contract management platform or request a demo, please visit https://www.sutisoft.com/.

Contact: 
CAROL SLONE
Media Communication
carol.slone@sutisoft.com
(650)969-7884×415

Photo: https://mma.prnewswire.com/media/2520528/Contract_Creation_to_Payments.jpg
Logo: https://mma.prnewswire.com/media/2443868/4773576/SutiCLM_Logo.jpg 

 

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SOURCE SutiSoft Inc.

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Teledyne LeCroy Unveils Next-Generation CXL™ 2.0 Device Validation Solution

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OakGate CD280-G5 tests High-Performance, Data-Intensive CXL Memory Devices at Scale

LOOMIS, Calif., Oct. 1, 2024 /PRNewswire/ — Teledyne LeCroy, a global leader in protocol test and measurement solutions, proudly announces the OakGate CD280-G5 CXL validation test solution for PCIe 5.0-based Compute Express Link (CXL) memory expansion devices. This next-generation test solution verifies performance and functionality of CXL 2.0 memory devices, accelerating their time-to-market while ensuring high reliability.

Meeting the Demands of AI and Big Data

The rise of artificial intelligence (AI) and big data is driving the shift towards heterogeneous computing, where multiple processors work in parallel to process vast amounts of data. CXL, an open standard interconnect supported by PCIe 5.0, enables high-speed, low-latency communication between the host processor and devices such as accelerators, memory buffers, and smart I/O devices, expanding memory capacity and bandwidth to new levels of performance.

Ensuring Reliable Performance

Functional and performance validation testing is crucial to ensure CXL memory expansion devices meet the CXL standard prior to their release. The OakGate CD280-G5, designed in collaboration with data center architects as well as memory and chipset manufacturers can reliably ensure the intended performance is met.

“Micron’s collaboration with Teledyne LeCroy has helped mature the CXL compliance test ecosystem, in addition to strengthening our own CXL innovation and efforts to deliver the Micron CZ120 memory expansion module, the industry’s first CXL-compliant device in production,” said Siva Makineni, vice president of Advanced Memory Solutions at Micron. “Teledyne LeCroy’s CXL validation capabilities are playing an important role in ensuring the quality and compliance of our developing CXL 2.0 solutions. The new CD280-G5 CXL Validation Platform is enabling test and validation of advanced features to ensure broader industry adoption of CXL memory solutions.”

Advanced Features for Comprehensive Testing

The OakGate CD280-G5, equipped with the robust Endeavor validation software, offers a rich collection of validation and visualization capabilities, including:

Discovery and enumeration of CXL memory devicesAccess to PCIe and CXL register spacesExecution of common memory traffic patterns and workloadsCustomizable CXL commands via the Passthrough Command ToolBuilt-in security flows utilizing Security Protocol and Data Model (SPDM) over Data Object Exchange (DOE), System Management Bus (SMBus), and PCIe Vendor Defined Messages (VDMs)Power control and sideband testing (#PERST, #REFCLK, #PWRDIS)Launch and execution of CXL.org CXL Validation (CV) Tests

New Enhancements

The latest features packed into the Endeavor software and the CD280-G5 include:

Testing up to 8 EDSFF E.3 or CEM CXL devicesVoltage margining and power/sideband glitchingMemory interleavingAdditional SPDM security flowsProtocol analyzer functionalityBuilt-in test automation

A comprehensive Software Development Kit (SDK) based on Representational State Transfer Application Programming Interfaces (REST APIs) allows users to programmatically control and automate all features, ensuring consistent and repeatable test performance.

Availability

OakGate CXL validation test appliances are available for order now. For more information, contact Teledyne LeCroy at 1-800-5LeCroy (1-800-553-2769) or visit our website at Teledyne LeCroy OakGate CXL Validation Solutions.

About Teledyne LeCroy

Teledyne LeCroy, Inc. is a leading manufacturer of advanced oscilloscopes, protocol analyzers, and other test instruments that verify performance, validate compliance, and debug complex electronic systems quickly and thoroughly. Since its founding in 1964, the company has focused on incorporating powerful tools into innovative products that enhance “Time-to-Insight.” Faster time to insight enables users to rapidly find and fix defects in complex electronic systems, dramatically improving time-to-market for a wide variety of applications and end markets. Teledyne LeCroy is based in Chestnut Ridge, N.Y. For more information, visit Teledyne LeCroy’s website.

Technical contact:

Rob Dobson – Director of Product Mgmt. and Marketing

916-618-2372

Customer contact:

Teledyne LeCroy OakGate Customer Care Center

916-652-5132

Website:

https://teledynelecroy.com/OakGate

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SOURCE Teledyne LeCroy

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