Sharp, essential news and analysis from Malaysia.
Steven Price, a senior enforcement official at Wall Street's self-regulatory body FINRA, has departed to lead compliance at dealmaking fintech Finalis, reflecting how artificial intelligence and new platforms are reshaping investment banking and drawing talent from traditional regulatory roles.
Mastercard delivered second-quarter profits above Wall Street expectations, with transaction volumes climbing as consumers continue spending despite geopolitical uncertainty. Gross transaction values jumped 8% to $2.9 trillion.
PayPal, once a Wall Street darling, has received an unsolicited $53 billion takeover bid from Stripe and Advent International. The company's board views the offer as insufficient, reflecting deeper challenges including competition from Apple Pay and slower growth.
Alipay+ transaction value in Malaysia surged 89.6% to RM824 million in 2025, reflecting growing digital payment adoption among foreign tourists and strengthening Malaysia's position as a regional tourism hub.
Britain's competition watchdog is pushing Apple and Google to permit developers to direct users away from their mandatory app store payment systems, potentially lowering costs for consumers while protecting innovation in fintech.