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After this move by the Indian Central Bank RBI, American Express will be able to onboard new customers again after the ban in May...
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After this move by the Indian Central Bank RBI, American Express will be able to onboard new customers again after the ban in May...
RBI allows Mastercard to on-board new customers, after the network showed compliance with data localisation norms.
Mastercard's non-compliance with data localisation norms laid down by the RBI had left Yes Bank with little choice.
The ban on Mastercard was imposed due to its non-compliance with the latest RBI guidelines despite several extensions.
The RBI guidelines that Mastercard failed to comply with, state that customer data, payment sensitive data, and transaction data have to be stored in...
While Visa had partially complied with the RBI mandate in 2018, it has now become the first global financial services company to begin storing...
Similar actions were taken against American Express and Diners Club in the past due to non-compliance with the RBI’s directives. RBL Bank Ltd said...
The latest move is a part of RBI’s localisation mandate for payments data that came into effect in 2018 and requires that such data...
Mastercard Inc. is working with several banks to expand its payment acceptance network in India. The card network giant posted a net profit of...
With digital assets and crypto-currencies gaining ground across the world, among individual investors and institutions, Mastercard will start supporting select crypto-currencies to enable their...
