Compared to Thanksgiving week last year, purchase applications are 52% higher, and refinances are up 119%. A sign of strong market dynamics!
#HousingMarket#mortgage#Thanksgiving2024
Lower rates, rising incomes and slower home-price growth gave buyers a much-needed boost in August, according to Edward Seiler, @MBAMortgage.
By @Spencer_NYC https://t.co/EX833kFDQP
Estimates of damage in the coastal areas initially hit by Helene came in between $3 to $5 billion, according to @CoreLogicInc.
By @Spencer_NYC https://t.co/h1MivUvn2A
The apartment construction boom has led to lower rent prices.
Asking rents for newly built apartments fell to $1,746 in Q2, down 6% from a year earlier to the lowest level in more than two years 👉 https://t.co/9P6DnPUlrw #housing
Sharing an important development from the Reserve Bank of India (RBI) – the introduction of the Unified Lending Interface (ULI). This initiative is set to revolutionize the lending ecosystem by bringing greater efficiency, transparency, and inclusivity to financial services. A game-changer for financial institutions and borrowers alike! Learn more about this transformative step in the lending process. #RBI #ULI #FinTech #FinancialInclusion #LendingTechnology #DigitalTransformation
According to Experian, 85% of organizations say poor data quality hurts their operational efficiency. In financial services, bad data can lead to costly errors like inaccurate risk assessments. Gartner estimates these issues cost businesses an average of $9.7M per year.
#DataQuality #DataGovernance #FinancialServices #DigitalTransformation
Effective data governance empowers businesses with clean, trusted data that leads to smarter insights and better outcomes. #DataGovernance#aptuz#Fintech
So far, I see 8 major LLM use cases. All other are either niche or snake oil:
1. Writing drafts of documents and plans.
2. Quick idea validation.
3. Quick question answering where errors aren't critical or where answer validation is much simpler than finding an answer.
4. Coding.
5. Synthetic data generation and data labeling.
6. Machine learning (finetuning and few shot prompting).
7. RAG.
8. Virtual friend or lover.
LLM-based agents and customer support chatbots are snake oil IMO. What did I miss?
Compliance should be embedded in every phase of a Financial Company/Product/Service. It will bring in #Resilience. It shouldn’t be an after thought. #RegTech#Compliance
Navigating India's financial landscape requires more than just rule-following. It's about ensuring stability and trust. Understand key regulatory bodies and compliance essentials in financial sector to succeed in this dynamic environment.#Finance#Compliance#Fintech#Regulation
🚀 We’re thrilled to be part of #GFF2024! Join us at Global Fintech Fest to explore the future of finance with our cutting-edge solutions, including:
•Unified Data Analytics Platform for smarter decisions
•Real-time KPI dashboards for faster insights
•Simplified compliance & enhanced data security
•Strategic services in app development, data engineering, & Gen AI
Let’s collaborate to drive your business forward! See you at #GFF2024, 28-30 August, Jio World Convention Centre, Mumbai.
👉 https://t.co/CCuZu8hJH8
#Fintech #Innovation #TechSolutions #AptuzTech
🚀 Get ready to shape the future of finance with us at #GFF2024! We're excited to share our innovative solutions and connect with industry leaders. Let’s collaborate! 👉 https://t.co/yp8mRIGeWU
#Fintech#Innovation#Networking#GFF2024#Aptuz
The future of #banking isn’t just digital—it’s hyper-personalized. By leveraging #DataAnalytics,#AI banks can offer tailored financial products, creating a more engaged and satisfied customer base. The era of generic banking services is over. #FinTech
The shift towards open banking is more than a regulatory mandate; it’s an opportunity. Banks can either lead by leveraging APIs to create new value streams or fall behind in a rapidly evolving ecosystem. #OpenBanking#APIEconomy
As we move toward a post-pandemic world, the resilience of India's financial ecosystem and the adoption of sustainable, tech-driven practices are paving the way for a more inclusive and efficient banking future.
As #AI transforms banking, the challenge isn’t just adopting tech, but integrating it seamlessly into legacy systems. #BankingTech must prioritize interoperability to avoid costly silos and truly harness AI’s potential. #Fintech
Unlock the full potential of your lending operations with our Unified Data Analytics Platform! Tap into AI/ML for data analysis, risk assessment, and customer experiences. Enjoy cost-effective, zero-risk implementation and maintain full control of your data #Lending#FinTech