RBA to update transaction processing and settlement system for new payment streams

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RBA to update transaction processing and settlement system for new payment streams

The Reserve Bank of Australia (RBA) is seeking to update its customer transaction processing and settlement system to manage the transactional activity of its 60 overseas customers for settlement in the domestic High-Value Payment System, Austraclear, …
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Reliance starts trials of JioMart shopping portal across India

Reliance Industries Ltd. has started testing its online grocery shopping portal across India, still under a nationwide lockdown to control the spread of the coronavirus. JioMart is now delivering in more than 200 cities, Damodar Mall, the chief executive officer of …
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Stock, Forex, Commodity, Currency Markets Shut For Ramzan

The domestic financial markets – including equity, debt and currency segments – are shut on Monday, May 25 for Id-Ul-Fitr (Ramzan). The markets will re-open for trading on Tuesday i.e. May 26. On May 22, the Sensex had ended at 30,672.59, lower by …
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Elena Rubin drops her ME board seat as she takes the chair at Afterpay

Afterpay has formally appointed Elena Rubin as its chairman, a role she has filled on an interim basis since last year when the company founders announced they would surrender control of the buy now, pay later provider’s board. Ms Rubin also announced …
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Memorial Day shopping 2020: Costco is closed Monday but here's a list of what stores are open

Memorial Day, which commemorates military personnel who died in service, is considered the unofficial start to summer, a popular day for a cookout and in past years was also a big sales day. This year is different with many stores in malls and shopping …
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