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OCBC Completes Acquisition of PT Bank Commonwealth Indonesia – Fintech Singapore

OCBC Bank has officially completed the acquisition of PT Bank Commonwealth Indonesia through its Indonesian subsidiary, PT Bank OCBC NISP Tbk, as of 1...

MAS Ends Six-Month Restriction on DBS, Retains Additional Cap Requirement – Fintech Singapore

by Fintech News Singapore May 2, 2024 The Monetary Authority of Singapore (MAS) has declared it will not extend the six-month restriction previously placed on DBS...

DOJ launches probe into Block’s compliance history following allegations of lapses

Fintech giant Block is under scrutiny by federal prosecutors from the Southern District of New York following allegations of significant compliance failures involving its...

Investors Heave a Sigh of Relief After the Fed Avoids Hiking Rates

On Wednesday, the Federal Reserve concluded its latest FOMC meeting by keeping interest rates unchanged, maintaining the target range at 5.25% to 5.5%. This...

Simple guide to training Llama 2 with AWS Trainium on Amazon SageMaker | Amazon Web Services

Large language models (LLMs) are making a significant impact in the realm of artificial intelligence (AI). Their impressive generative abilities have led to widespread...

Fine-tune and deploy language models with Amazon SageMaker Canvas and Amazon Bedrock | Amazon Web Services

Imagine harnessing the power of advanced language models to understand and respond to your customers’ inquiries. Amazon Bedrock, a fully managed service providing access...

Bitcoin begins May with plunge to two-month low as crypto market sees widespread losses

The crypto market started the new month of May in red, with Bitcoin’s price plunging to a two-month low of under $56,500.This decline extends...

Former Binance CEO Changpeng Zhao Sentenced to Four Months | BitPinas

Changpeng Zhao, former CEO of cryptocurrency exchange Binance, received a four-month federal prison sentence for anti-money laundering violations. Court Proceedings The sentencing took place in the...

McHenry Alleges Gensler Misled Congress Regarding Ether’s Status – CryptoInfoNet

Patrick McHenry, Chair of the U.S. House Financial Services Committee, has leveled serious accusations against Securities and Exchange Commission (SEC) Chair Gary Gensler.In a...

Mind-Bending Math Could Stop Quantum Hackers—but Few Understand It

Imagine the tap of a card that bought you a cup of coffee this morning also let a hacker halfway across the world access...

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