News Amex becomes the last company to comply with RBI’s 2018 data localisation norms After this move by the Indian Central Bank RBI, American Express will be able to onboard new customers again after the ban in May... MitakshAugust 25, 2022
News Why Visa is being held liable for PornHub’s illegal child porn A US judge allowed a lawsuit against Visa to proceed noting that it aided MindGeek (PornHub) in child porn by providing its payment services Sarvesh MathiAugust 3, 2022
News Visa launches pilot programme for central banks to test digital currencies: Report It gives a chance for central banks to examine the use cases for their respective digital currency, prior to full rollout. MitakshJanuary 14, 2022
News Visa lodges complaint with US govt stating India’s promotion of RuPay disturbs level-playing field: Report The frustrated company flagged a public endorsement of RuPay from Prime Minister Modi as proof. MitakshNovember 29, 2021
News Exclusive: Visa, MobiKwik and 17 other payment operators did not submit RBI-mandated audit report Visa's mysterious absence from the central bank's list of SAR compliant entities prompts further questions. Sarvesh MathiNovember 12, 2021
News Yes Bank starts issuing cards on Visa network after RBI’s Mastercard ban Mastercard's non-compliance with data localisation norms laid down by the RBI had left Yes Bank with little choice. Sarvesh MathiSeptember 21, 2021
News Visa has fully complied with RBI’s data localisation mandate: Report While Visa had partially complied with the RBI mandate in 2018, it has now become the first global financial services company to begin storing... Aroon DeepJuly 26, 2021
News How are RBL Bank and Yes Bank impacted by RBI’s Mastercard freeze? 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... Aroon DeepJuly 15, 2021
News Visa becomes first card network to settle transactions in cryptocurrency We missed this earlier: Visa Inc. became the first major card network to settle transactions in crypto-currencies, with the direct acceptance of payments in USD... Sarvesh MathiApril 2, 2021
News Visa proposes common protocol for offline payments We missed this earlier. A technical policy paper authored by researchers at global card network Visa Inc. has proposed a common protocol that can... Advait PalepuJanuary 11, 2021