Malaysia Pulse delivers breaking news, politics, business, sports and lifestyle coverage from Malaysia and Southeast Asia — trusted, timely and independent.
Prime Minister Anwar Ibrahim has described Ant Group's decision to establish its first Global Development Centre in Malaysia as validation of the country's digital policies and institutional stability attracting major international technology investors.
Ant International has inaugurated its Global Operations Centre in Kuala Lumpur, creating approximately 1,500 fintech positions and strengthening Malaysia's digital technology ecosystem. The move aligns with the government's broader ambitions to establish the country as a regional hub for artificial intelligence and financial innovation.
Financial regulators worldwide are urgently deploying artificial intelligence tools to combat escalating cyber threats, with Swiss authorities leading efforts to build supervisory technology that can detect vulnerabilities faster than hackers can exploit them.
British lawmakers are pressing the Bank of England to soften its approach to stablecoin regulation, arguing that stringent rules could hamper the emerging sterling-backed digital currency sector.
Belgian prosecutors have launched an advanced investigation into money transfer firm Wise, investigating whether its accounts were exploited for money laundering activities by criminal elements.
Shares in money transfer platform Wise plunged over 10% after Belgian prosecutors launched an investigation into its European entity concerning suspected money laundering linked to fraud and drug trafficking.
India is evaluating its exposure to Anthropic's Mythos AI model by testing vulnerabilities in critical banking and government applications. Infosys and TCS are among firms assessing their systems using Claude Opus 4.7.
The European Central Bank is pressuring financial institutions to urgently upgrade their IT security infrastructure, citing risks posed by powerful artificial intelligence systems capable of identifying system vulnerabilities in minutes.