transactions – BOL News Staging

Russia to improve crypto transaction monitoring as regulation draws closer

July 8, 2022 by Abdul Hadi

Rosfinmonitoring is employing software to watch cryptocurrency transactions. The Bank of Russia has long expressed doubt about cryptocurrencies and financial stability. Regulators are concerned that a crash could affect the larger banking system. As Moscow introduces laws on what one lawmaker labelled “cryptomania,” Rosfinmonitoring, Russia’s financial monitoring agency, said on Friday that it was employing … Read more

Unisame urges SMEs to use banking channel for transactions

March 3, 2022 by Muhammad Zubair

KARACHI: The Union of Small and Medium Enterprises (Unisame) has advised the Small and Medium Enterprises (SME) sector to use the banking channel for all inwards and outwards overseas remittances, a statement said. The Unisame urges the SMEs not to indulge in transactions outside the banking channels despite getting better rates from money exchangers. Unisame … Read more

HBL enables e-commerce transactions on Daraz for UnionPay cardholders

February 6, 2022 by Muhammad Zubair

KARACHI: Habib Bank Limited (HBL) and Daraz have partnered to enable UnionPay cardholders to conduct e-commerce transactions from Daraz online marketplace, a statement said on Monday. With this enablement, UnionPay cardholders can now perform seamless and secure transactions on Daraz, it added. HBL digital channels and solutions head Kamran Mehdi Jaffery commented, “HBL empowers its … Read more

FBR mandates exchange firms to report failed transactions

January 23, 2022 by Muhammad Zubair

KARACHI: The Federal Board of Revenue (FBR) has made it mandatory for the exchange companies to provide details of failed transactions to prevent misuse of foreign exchange regime. In this regard, the apex tax body issued SRO 50 (I)/2022 to make it mandatory for the foreign exchange dealers and companies to report the failure of … Read more

Saudi Arabia’s point-of-sale transactions rise 1.2% in October

November 29, 2021 by Muhammad Zubair

RIYADH: The value of point-of-sale transactions in Saudi Arabia reached SR40.5 billion ($10.8 billion) in October, up 1.2 per cent, compared with the previous month, Arab News quoted the Saudi Central Bank, as saying. Some of the sectors that helped drive the increase were restaurants and cafes, hotels, food and beverages, clothing and footwear. For … Read more

NAB reveals more details about shady transactions by Shahabaz Sharif

October 6, 2020October 6, 2020 by Web Desk

Shehbaz Sharif Accuses Government Of Manipulating Revenue figures

The National Accountability Bureau (NAB) has revealed more details about the shady transactions by former Chief Minister Punjab Shahbaz Sharif. According to the Anti-Graft body the PML-N President Shahbaz Sharif gave more than Rs. 24 crores 22 lakh as gifts to his wife and children while Shahbaz Sharif received Rs. 42,680,678 as gifts from his … Read more

Black Friday online sale in US hits record $7.4bn

December 1, 2019December 1, 2019 by Arhama Altaf

Online sales on Black Friday in the United States (US) hit a record $7.4 billion this year, with a jump in the number of transactions made from smartphones, according to a data released by Adobe Analytics. The figure was a 19.6 percent increase over last year and the second biggest day of online sales ever, … Read more

Menu

Latest

Entertainment

Lifestyle