Mastercard complies, now storing payments data locally in India

By on
Mastercard complies, now storing payments data locally in India

Lobbying against regulatory directive falters.

Global card payments giant Mastercard is storing its new Indian transaction data locally, the company said on Tuesday, as it starts to comply with a regulatory directive which US companies unsuccessfully lobbied hard to dilute. The Indian central bank in April said companies such as ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
finance india mastercard

Sponsored Whitepapers

DevSecOps: A framework for digital innovation
DevSecOps: A framework for digital innovation
Encryption: Protect your most critical data
Encryption: Protect your most critical data
Overcoming data security challenges in a hybrid, multicloud world
Overcoming data security challenges in a hybrid, multicloud world
Move beyond passwords
Move beyond passwords
The top 5 tech trends to deliver business outcomes
The top 5 tech trends to deliver business outcomes

Events

Most Read Articles

CBA becomes first 'Big 4' data recipient under CDR

CBA becomes first 'Big 4' data recipient under CDR
NSW Police green-lights Mark43 for $1bn COPS overhaul

NSW Police green-lights Mark43 for $1bn COPS overhaul
Urgent patches out for exploited Exchange Server zero-days

Urgent patches out for exploited Exchange Server zero-days
CBA loses open banking chief product owner to Atlassian

CBA loses open banking chief product owner to Atlassian
You must be a registered member of iTnews to post a comment.
| Register

Log In

Username / Email:
Password:
  |  Forgot your password?