As part of the latest firmware in the Presonus Universal Control version 3 release, we added TWO new features into the FaderPort 8 and 16. We’ve added a dedicated operation mode for Ableton Live and a dedicated MIDI CC operation mode so that the all buttons, knobs, and faders can transmit CC MIDI messages. These can be mapped to any MIDI software or plugin but are already pre mapped to useful MIDI CC assignments like Modulation, Expression, Pan, Portamento, etc.
Please see the latest version of the FaderPort 8 and FaderPort 16 manual for the default assignments.
https://pae-web.presonusmusic.com/downloads/products/pdf/FaderPort-16-8_OwnersManual_EN_V3_25032019.pdf
To update to the latest firmware, please download the latest version of Universal Control from the application via the "File" >> "Check for Updates" menu. Once installed and your device is connected, you will be prompted to update your FaderPort 8 or FaderPort 16.