News TLDR: Flipkart, Amazon, ONDC, Google Play Store, UPI, Vodafone, Zoom, e-commerce Reliance, Amazon, and Flipkart may be part of ONDC The Open Network for Digital Commerce is a UPI moment for the e-commerce industry and... Karan HMMay 12, 2022
News RBI directs banks and NBFCs to stop providing consumer credit data to unregulated firms: Report On September 16, the Reserve Bank of India (RBI) ordered commercial banks and NBFCs to stop providing unregulated entities access to consumer data held... Nishtha VishwakarmaSeptember 19, 2019
News RBI: All payments data to be stored in India, data processed overseas to be localised within 24 hours The RBI has issued FAQs clarifying, among other things, that all payments data needs to be stored in systems located in India. The regulator... Soumyarendra BarikJune 28, 2019
News Mastercard calls for relaxation of payment data storage norms Mastercard has called for the Reserve Bank of India (RBI) to relax its guidelines on storage of payment system data, which comes into effect... RanaJuly 9, 2018
News RBI directs all payment companies to store data locally, gives them 6 months to comply The Reserve Bank of India has mandated all payments system operators working in India to ensure that data related to payment systems operated by... Siladitya RayApril 6, 2018