- Reuters
Prosus-backed PayU gets India cenbank nod to operate as payment aggregator
Prosus-backed PayU Payments said on Tuesday it had received the Reserve Bank of India's in-principle approval to operate as a payment aggregator and onboard new merchants onto its platform. The approval comes days after the RBI took steps to tighten scrutiny of the payments sector, asking online payment firms to monitor transactions-related activities of merchants on their platforms and ensure they meet fresh guidelines. The RBI's approval is "a testament to our relentless focus on compliance and corporate governance", PayU CEO Anirban Mukherjee said in a statement.
- Associated Press
Biden will speak at Morehouse commencement, an election-year spotlight in front of Black voters
President Joe Biden will be the commencement speaker at Morehouse College in Georgia, giving the Democrat a key election-year spotlight on one of the nation’s preeminent historically Black campuses as he works to shore up the racially diverse coalition that propelled him to the Oval Office. A person familiar with the matter confirmed Biden will speak at the alma mater of civil rights icon Martin Luther King Jr. The person was not authorized to discuss the matter publicly and spoke on condition of anonymity. The May 19 speech will mark the second consecutive spring that Biden has spoken to the graduating class of a historically Black school.
- Yahoo Finance
Stock market today: S&P 500, Nasdaq notch big gains with Tesla earnings on deck
The wait for Tesla results is on as investors look to Big Tech earnings to buoy stocks.
