T&E

Scale AI Partners with DoD’s Chief Digital and Artificial Intelligence Office to Test and Evaluate Large Language Models

Retrieved on: 
Tuesday, February 20, 2024

Scale AI, the leading test and evaluation (T&E) partner for frontier artificial intelligence companies, is partnering with the U.S. Department of Defense’s (DoD) Chief Digital and Artificial Intelligence Office (CDAO) to create a comprehensive T&E framework for the responsible use of large language models (LLMs) within the DoD.

Key Points: 
  • Scale AI, the leading test and evaluation (T&E) partner for frontier artificial intelligence companies, is partnering with the U.S. Department of Defense’s (DoD) Chief Digital and Artificial Intelligence Office (CDAO) to create a comprehensive T&E framework for the responsible use of large language models (LLMs) within the DoD.
  • Through this partnership, Scale will develop benchmark tests tailored to DoD use cases, integrate them into Scale’s T&E platform, and support CDAO’s T&E strategy for using LLMs.
  • The evaluation metrics will help identify generative AI models that are ready to support military applications with accurate and relevant results using DoD terminology and knowledge bases.
  • “Testing and evaluating generative AI will help the DoD understand the strengths and limitations of the technology, so it can be deployed responsibly.

CPKC and TCRC labour negotiations update

Retrieved on: 
Friday, February 16, 2024

The TCRC - T&E represents CPKC's roughly 3,200 locomotive engineers, conductors and train and yard workers, and the TCRC - RCTC represents approximately 80 rail traffic controllers, all in Canada.

Key Points: 
  • The TCRC - T&E represents CPKC's roughly 3,200 locomotive engineers, conductors and train and yard workers, and the TCRC - RCTC represents approximately 80 rail traffic controllers, all in Canada.
  • Since September 2023, CPKC has been negotiating in good faith with the TCRC - T&E and TCRC - RCTC.
  • However, Federal Conciliation has been required in nine of the 10 collective bargaining rounds of negotiations between the TCRC - T&E and CPKC since 1993.
  • While the two TCRC collective agreements expired on December 31, 2023, they remain in effect under Canadian labour law until the parties reach new agreements.

Marqeta Announces New Credit Customer Internet Travel Solutions (ITS), Building Momentum for Key New Product

Retrieved on: 
Tuesday, February 13, 2024

Marqeta (NASDAQ: MQ), the global modern card issuing platform enabling some of the world’s most innovative embedded finance solutions, today announced its new customer, Internet Travel Solutions (ITS), a leading provider of travel management software that will utilize Marqeta’s comprehensive credit card platform to launch a multi-use travel and expense (T&E) commercial credit card for the mid-sized business market.

Key Points: 
  • Marqeta (NASDAQ: MQ), the global modern card issuing platform enabling some of the world’s most innovative embedded finance solutions, today announced its new customer, Internet Travel Solutions (ITS), a leading provider of travel management software that will utilize Marqeta’s comprehensive credit card platform to launch a multi-use travel and expense (T&E) commercial credit card for the mid-sized business market.
  • ITS has strategically partnered with Marqeta to build customizable credit card solutions that help businesses streamline expenses, access capital and boost operational efficiency.
  • Marqeta’s credit card platform gives ITS control over the customer experience, supported by a unified, modern tech stack and program management capabilities, enabling them to develop credit solutions tailored to individual business needs.
  • “Marqeta is proud to partner with ITS, a pioneer in travel technology, delivering on our promise to provide dynamic and embedded credit experiences that transform customer loyalty and establish lasting relationships.”

Emburse Survey Highlights Long-Distance Hybrid Work Expense Policies

Retrieved on: 
Thursday, December 14, 2023

Hybrid work, which requires some amount of working time to be spent in the corporate office, has accounted for significant commutes for workers who relocated during the pandemic.

Key Points: 
  • Hybrid work, which requires some amount of working time to be spent in the corporate office, has accounted for significant commutes for workers who relocated during the pandemic.
  • The vast majority, 95% of respondents, reported that they offer some type of hybrid work program for their employees.
  • However, there is significant variation in the policies defining hybrid work and how far organizations will go to support employees.
  • “Despite return-to-office mandates capturing headlines, this survey shows that the majority of employers are embracing their employees' desire to continue some amount of remote work,” said Eric Friedrichsen, CEO of Emburse.

Emburse and Mastercard Partner to Deliver Enhanced Security, Proactive Spend Control, and Transaction Data

Retrieved on: 
Thursday, December 7, 2023

Emburse, a leader in travel and expense (T&E) management, today announced Mastercard as the new payments network for Emburse Cards.

Key Points: 
  • Emburse, a leader in travel and expense (T&E) management, today announced Mastercard as the new payments network for Emburse Cards.
  • With Emburse Cards, finance professionals can easily issue and manage virtual and physical corporate cards from one centralized platform, with pre-approvals for employee budgets, and automated reconciliation.
  • The Mastercard network will give Emburse customers added security and reach for both physical and virtual cards.
  • “With Emburse Cards, we aim to deliver greater security with less effort, while shortening the time between expenses being incurred, reconciled and reimbursed.

Scale AI to Enable Enterprises to Customize Large Language Models and Build Robust Generative AI Applications on Microsoft Azure

Retrieved on: 
Wednesday, November 15, 2023

Scale AI, the data engine that powers the most advanced AI applications, today announced a collaboration with Microsoft at Microsoft Ignite to deliver Scale’s Enterprise Generative AI Platform (EGP) on Microsoft Azure, giving customers direct access to tools and services to customize large language models (LLMs) and build and deploy robust Generative AI applications.

Key Points: 
  • Scale AI, the data engine that powers the most advanced AI applications, today announced a collaboration with Microsoft at Microsoft Ignite to deliver Scale’s Enterprise Generative AI Platform (EGP) on Microsoft Azure, giving customers direct access to tools and services to customize large language models (LLMs) and build and deploy robust Generative AI applications.
  • Scale’s EGP – which helps customers implement retrieval augmented generation (RAG), fine-tune LLMs, perform expert Test and Evaluation (T&E), and build and deploy Generative AI applications – will be available directly within Microsoft Azure.
  • While sophisticated Generative AI models like OpenAI’s GPT-4 are widely available today, only 10% of enterprises actually have AI models in production.
  • This is why Scale has collaborated with Microsoft to help enterprises more easily build and deploy customized LLM applications.

Expense report ping pong and outdated processes are a drag on travel and expense management, new research from Mesh Payments shows

Retrieved on: 
Wednesday, November 15, 2023

The research1 comes amidst the rebound in travel and the rise in distributed and global workforces.

Key Points: 
  • The research1 comes amidst the rebound in travel and the rise in distributed and global workforces.
  • Employees are fed up with expense report ping pong, with 30% of those surveyed citing receipt collection and submission as a top frustration and some estimating that they spend 2.5 hours a month reconciling and submitting expenses.
  • In addition, 45% of employees said they have trouble understanding their company's travel policies and approval processes, making it hard for them to stay within budget.
  • Our research shows that 78% of employees find their expense processes time-consuming and too manual," said Oded Zehavi, co-founder and CEO of Mesh Payments.

American Express Reports Sixth Consecutive Quarter of Record Revenue, Up 13% From Year Earlier to $15.4 Billion

Retrieved on: 
Friday, October 20, 2023

American Express Company (NYSE: AXP) today reported third-quarter net income of $2.5 billion, or $3.30 per share, compared with net income of $1.9 billion, or $2.47 per share, a year ago.

Key Points: 
  • American Express Company (NYSE: AXP) today reported third-quarter net income of $2.5 billion, or $3.30 per share, compared with net income of $1.9 billion, or $2.47 per share, a year ago.
  • U.S. Consumer Services reported third-quarter pretax income of $1.6 billion, compared with $1.3 billion a year ago.
  • Total revenues net of interest expense were $7.2 billion, up 16 percent from $6.2 billion a year ago.
  • Total revenues net of interest expense were $2.6 billion, up 17 percent (12 percent FX-adjusted) from $2.3 billion a year ago.

Citi and Navan Launch First Complete Travel and Expense System for Citi Commercial Bank Clients

Retrieved on: 
Thursday, October 19, 2023

Citi and Navan, a leading modern travel and expense management solution, today announced the launch of a new, jointly branded travel and expense system designed for Citi Commercial Bank (CCB) cardholders.

Key Points: 
  • Citi and Navan, a leading modern travel and expense management solution, today announced the launch of a new, jointly branded travel and expense system designed for Citi Commercial Bank (CCB) cardholders.
  • As the industry’s first complete end-to-end corporate Travel and Expense (T&E) management collaboration of this scale, the system will initially be available only to U.S.-based Citi Commercial Bank clients.
  • Citi’s Treasury and Trade Solutions (TTS) business is collaborating with Citi Commercial Bank to deliver a differentiated offering for Citi’s mid-market clients.
  • Today, Navan and Citi are helping to make travel and expense management easy for Citi Commercial Bank clients.”

Sentar Wins National Cyber Range Complex Information Technology Service Management Support Contract

Retrieved on: 
Thursday, October 5, 2023

Sentar Inc. (Sentar), a women-owned small business specializing in advanced cyber intelligence solutions and technology, announced today it has been awarded the National Cyber Range Complex (NCRC) Event Planning, Operations, and Support (EPOS) Information Technology Service Management (ITSM) Support contract.

Key Points: 
  • Sentar Inc. (Sentar), a women-owned small business specializing in advanced cyber intelligence solutions and technology, announced today it has been awarded the National Cyber Range Complex (NCRC) Event Planning, Operations, and Support (EPOS) Information Technology Service Management (ITSM) Support contract.
  • As the ITSM Support Contractor, Sentar will have direct involvement in the key ITSM areas of Configuration Management (CfM) and Release and Deployment Management (RDM).
  • Within those areas, Sentar will be working closely with the Lot 1 Site Services, Range Modernization, and NCRC Security Contractors.
  • "We are excited to support the National Cyber Range Complex mission providing ITSM support," said Megan Park Director of Air, Ground, and Space programs at Sentar.