In-depth reporting on Malaysia and the region.
A global Mastercard technical issue disrupted payment services across Australia on Saturday, affecting card transactions, digital wallets, and cash withdrawals, prompting major banks to guide customers toward alternative payment methods.
Tabung Haji faced potential liabilities of RM74.5 billion had a major bank run materialised in 2018, according to a senior government minister presenting findings on the Islamic pilgrimage fund's financial crisis.
Capital One Financial has defended its decision to close Trump Organisation accounts, stating the move followed a formal review by anti-money laundering experts, amid ongoing legal challenges.
A Malaysian man has been sentenced to six years and eight months in Brunei for collecting debit cards used in a cross-border ATM fraud scheme that caused losses of BND8,480. He acted under instructions from an unknown Malaysian-based individual.
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Malaysia's Finance Minister Datuk Seri Amir Hamzah Azizan has warned that the financial sector's future hinges on balancing artificial intelligence with human judgment, ethical leadership and investment in talent.