TEMPLATES
insights from CHAPS volume predictions –...
Tom Davies CHAPS is a critical element of the UK’s payments landscape, handling 92% of UK payment values despite comprising 0.5% of volumes. CHAPS is used for high-value and time-critical payments, including money market and foreign exchange transactions, supplier payments, and house purchases. We forecast CHAPS volumes to help CHAPS participants in making staffing decisions
Bloomberg reports more on OpenAI and...
For several years, top AI developers have been working inside research labs to build more powerful artificial intelligence systems that might one day rival humans at many tasks. But as AI has rapidly improved in recent months, leading model makers have moved aggressively to try to translate those advances into apps and devices that people
Decoding Your Mortgage Payment and Statement
Summary Understanding the components of your mortgage—Principal, Interest, Taxes, and Insurance (PITI)—can help demystify your monthly payment and empower you to save money over the life of your loan. Ever felt like your mortgage statement is written in a secret code? You’re not alone. Unless you have enough money in the bank to purchase a
You knew it! But it happened...
Being a victim of online fraud is something no one would like to be. If you are, you must be having a very bad experience. It could have been avoided, right? And you must be thinking by now how foolish you were. How come you followed the fraudster’s instructions anyway? These are some of the
Karnataka Bank names Raghavendra Srinivas Bhat...
Raghavendra Srinivas Bhat, Managing Director and CEO of Karnataka Bank The Board of Directors of Karnataka Bank, which met on Monday, has appointed Raghavendra Srinivas Bhat as an Additional Director in the capacity of Managing Director and CEO of the bank for a period of three months with effect from July 16, 2025, or till
How Vikings linebacker gave $240K to...
Minnesota Vikings linebacker Dallas Turner lost approximately $240,000 after scammers impersonating a JPMorganChase banker convinced him to wire money to two business accounts, highlighting the risks of scammers targeting high-income consumers. The scammers defrauded Turner in February, and the details of the case were laid out in a search warrant affidavit filed in Dakota County
The Mortgage Maze: Your Guide for...
Union Bank November 29, 2024 Fall is a time for foliage, pumpkins, and corn mazes. In fact, Vermont is home to New England’s largest corn maze, known as the “Great Vermont Corn Maze,” which stretches for 24 acres. But, just as a maze can be a confusing and winding path, so can the mortgage process.
Boosted inflation – using machine learning...
Marcus Buckmann, Galina Potjagailo and Philip Schnattinger Disentangling the sources of high inflation, exceeding inflation targets in the post- pandemic period, has been a priority for monetary policy makers. We use machine learning for this task – a boosted decision tree model that fits non-linear associations between many indicators and inflation. We add economic interpretability
Perplexity Labs launches with Pro AI...
Perplexity Labs launches with Pro AI suite Perplexity has launched Perplexity Labs, a new tool available to Pro subscribers that enables users to create reports, spreadsheets, dashboards, and interactive applications through features like AI-powered spreadsheet generation, interactive dashboard creation, and a 10-minute research workflow that autonomously conducts comprehensive research and data analysis. avidreader pplx-res.cloudinary.com Perplexity
20 New Years Financial Resolutions for...
Taking control of your finances in 2025 is not about being perfect. It is about being intentional, flexible, and informed. Whether you are starting from scratch or building on good habits, these expert-backed resolutions will help you create real, lasting progress this year. 1. Build a Budget That Reflects Your Life A strong budget
