• World
    • Africa News
    • America News
    • Bangladesh News
    • French News
    • Iraq News
    • Japan News
    • Kenya News
    • Nairobi News
    • Pakistan News
    • Saudi Arabia News
    • Turkey News
  • News
    • Bollywood News
    • Election News
    • Hollywood News
    • Revenge News
    • Terror Attack News
    • Tollywood News
    • UP-Coming Movies News
    • Viral News
    • Wishes News
  • Modi G
    • PM Narendra Modi G Speech
    • Prime Minister Narendra Modi G News
    • PM Modi Ji News
    • Prime Minister Narendra Modi Speech Live
    • Narendra Modi News
  • Nation
    • Andhra Pradesh
    • Assam News
    • Bihar News
    • Delhi News
    • Goa News
    • Gujrat News
    • jammu and kashmir News
    • Jharkhand news
    • Madhya Pradesh News
    • Maharashtra New
    • Punjab News
    • UP News
  • Elections
  • Sports
    • Cricket
      • Cricket Live Score
    • Football
    • Pro Kabaddi
    • Pro Basketball
    • Hockey
    • Baseball
    • Soccer
    • Handball
  • Lifestyle
    • Fashion
    • Beauty
    • Health
    • Home & Garden
    • Parenting
  • Movies
    • Movies Tailers
    • Movies Review
    • Movies Rating
    • Bollywood
    • Hollywood
    • Tollywood
  • Business
  • Tech
    • Gadgets
    • Internet
    • Mobile
    • Security
    • Technocast
  • Education
    • IIT News
  • Videos
    • Viral Videos
    • Funny Videos
    • Television
    • Gaming
    • Music
Revenge News
  • February 16th, 2019
  • Home
  • About us
  • Advertise with us
  • Disclaimer
  • Legal agreement
  • Privacy policy
  • Terms & Conditions
  • Contact us
  • sitemap
Revenge News
  • World
    • Africa News
    • America News
    • Bangladesh News
    • French News
    • Iraq News
    • Japan News
    • Kenya News
    • Nairobi News
    • Pakistan News
    • Saudi Arabia News
    • Turkey News
  • News
    • Bollywood News
      Lara Dutta on Priyanak Chopra\'s engagement: I\'ll congratulate her when she will announce herself

      Lara Dutta on Priyanak Chopra\'s engagement: I\'ll congratulate her when she will announce herself

      Twarit Manoranjan: Mission Impossible Fallout beats \'Saheb Biwi aur Gangster 3\' at Box office collection

      Twarit Manoranjan: Mission Impossible Fallout beats \'Saheb Biwi aur Gangster 3\' at Box office collection

      Twarit Manoranjan: Ranveer-Deepika to tie knot in Lake Como, Italy in November

      Twarit Manoranjan: Ranveer-Deepika to tie knot in Lake Como, Italy in November

      Mukesh Ambani calls short film \'Chalo Jeete Hain\' most inspirational movie

      Mukesh Ambani calls short film \'Chalo Jeete Hain\' most inspirational movie

    • Election News
    • Hollywood News
    • Revenge News
    • Terror Attack News
    • Tollywood News
    • UP-Coming Movies News
    • Viral News
    • Wishes News
  • Modi G
    • PM Narendra Modi G Speech
      Social Media Corner 15 February 2019

      Social Media Corner 15 February 2019

      PM Modi launches defence corridor and other development initiatives in Jhansi, Uttar Pradesh

      PM Modi launches defence corridor and other development initiatives in Jhansi, Uttar Pradesh

      PM Modi strongly condemns the attack on CRPF personnel in Pulwama, Jammu and Kashmir

      PM Modi strongly condemns the attack on CRPF personnel in Pulwama, Jammu and Kashmir

      Social Media Corner for 14 February 2019

      Social Media Corner for 14 February 2019

    • Prime Minister Narendra Modi G News
      Social Media Corner 15 February 2019

      Social Media Corner 15 February 2019

      PM Modi launches defence corridor and other development initiatives in Jhansi, Uttar Pradesh

      PM Modi launches defence corridor and other development initiatives in Jhansi, Uttar Pradesh

      PM Modi strongly condemns the attack on CRPF personnel in Pulwama, Jammu and Kashmir

      PM Modi strongly condemns the attack on CRPF personnel in Pulwama, Jammu and Kashmir

      Social Media Corner for 14 February 2019

      Social Media Corner for 14 February 2019

    • PM Modi Ji News
      Social Media Corner 15 February 2019

      Social Media Corner 15 February 2019

      PM Modi launches defence corridor and other development initiatives in Jhansi, Uttar Pradesh

      PM Modi launches defence corridor and other development initiatives in Jhansi, Uttar Pradesh

      PM Modi strongly condemns the attack on CRPF personnel in Pulwama, Jammu and Kashmir

      PM Modi strongly condemns the attack on CRPF personnel in Pulwama, Jammu and Kashmir

      Social Media Corner for 14 February 2019

      Social Media Corner for 14 February 2019

    • Prime Minister Narendra Modi Speech Live
      Social Media Corner 15 February 2019

      Social Media Corner 15 February 2019

      PM Modi launches defence corridor and other development initiatives in Jhansi, Uttar Pradesh

      PM Modi launches defence corridor and other development initiatives in Jhansi, Uttar Pradesh

      PM Modi strongly condemns the attack on CRPF personnel in Pulwama, Jammu and Kashmir

      PM Modi strongly condemns the attack on CRPF personnel in Pulwama, Jammu and Kashmir

      Social Media Corner for 14 February 2019

      Social Media Corner for 14 February 2019

    • Narendra Modi News
      Social Media Corner 15 February 2019

      Social Media Corner 15 February 2019

      PM Modi launches defence corridor and other development initiatives in Jhansi, Uttar Pradesh

      PM Modi launches defence corridor and other development initiatives in Jhansi, Uttar Pradesh

      PM Modi strongly condemns the attack on CRPF personnel in Pulwama, Jammu and Kashmir

      PM Modi strongly condemns the attack on CRPF personnel in Pulwama, Jammu and Kashmir

      Social Media Corner for 14 February 2019

      Social Media Corner for 14 February 2019

  • Nation
    • Andhra Pradesh
    • Assam News
    • Bihar News
    • Delhi News
    • Goa News
    • Gujrat News
    • jammu and kashmir News
    • Jharkhand news
    • Madhya Pradesh News
    • Maharashtra New
    • Punjab News
    • UP News
  • Elections
  • Sports
    • Cricket
      England Lions follow on after Saini, Nadeem three-fors

      England Lions follow on after Saini, Nadeem three-fors

      DRS 15-second rule in spotlight as Sri Lanka miss out on a wicket

      DRS 15-second rule in spotlight as Sri Lanka miss out on a wicket

      Joe Root relishes 'good hard scrap' as he caps tough series with 16th Test hundred

      Joe Root relishes 'good hard scrap' as he caps tough series with 16th Test hundred

      Pant, Vijay Shankar, Rahane in World Cup contention - MSK Prasad

      Pant, Vijay Shankar, Rahane in World Cup contention - MSK Prasad

      • Cricket Live Score
    • Football
      Jamie Redknapp shares hilarious video of dad Harry selling him to Liverpool

      Jamie Redknapp shares hilarious video of dad Harry selling him to Liverpool

      Nelson Oliveira left with gruesome facial injury after Tyrone Mings stamp

      Nelson Oliveira left with gruesome facial injury after Tyrone Mings stamp

      Giuseppe Rossi reveals what Man Utd players really think of Marcus Rashford

      Giuseppe Rossi reveals what Man Utd players really think of Marcus Rashford

      Fulham vs Tottenham: Best bets and tips for Sunday's Premier League games

      Fulham vs Tottenham: Best bets and tips for Sunday's Premier League games

    • Pro Kabaddi
    • Pro Basketball
    • Hockey
    • Baseball
      Russell Wilson Sizes Up the Yankees’ Football Prospects

      Russell Wilson Sizes Up the Yankees’ Football Prospects

      For a Change, the Mets Like Their Pitching Numbers

      For a Change, the Mets Like Their Pitching Numbers

      Dominic Smith Is Benched After Late Arrival at a Mets Meeting

      Dominic Smith Is Benched After Late Arrival at a Mets Meeting

      Aaron Boone’s No. 17? It’s Personal, Not Motivational

      Aaron Boone’s No. 17? It’s Personal, Not Motivational

    • Soccer
      On Soccer: At Manchester United, a Win to Celebrate but Not to Savor

      On Soccer: At Manchester United, a Win to Celebrate but Not to Savor

      On Soccer: The ‘Two Worlds’ of the Champions League Keep Drifting Apart

      On Soccer: The ‘Two Worlds’ of the Champions League Keep Drifting Apart

      On Soccer: At Real Madrid, a Reign Fueled by Wins, and Dependent on More

      On Soccer: At Real Madrid, a Reign Fueled by Wins, and Dependent on More

      Ex-Scout for British Soccer Teams Convicted of Molesting Child Players

      Ex-Scout for British Soccer Teams Convicted of Molesting Child Players

    • Handball
  • Lifestyle
    • Fashion
    • Beauty
    • Health
    • Home & Garden
    • Parenting
      What Parents Can Learn From a Town That Produced 11 Olympians

      What Parents Can Learn From a Town That Produced 11 Olympians

  • Movies
    • Movies Tailers
    • Movies Review
    • Movies Rating
    • Bollywood
    • Hollywood
    • Tollywood
  • Business
  • Tech
    • Gadgets
    • Internet
      Data Localisation, E-Commerce Not Discussed at US-India Summit: US Envoy

      Data Localisation, E-Commerce Not Discussed at US-India Summit: US Envoy

      Musk-Founded AI Group Not to Release Research on 'Fake News' Fears

      Musk-Founded AI Group Not to Release Research on 'Fake News' Fears

      Amazon Has a Big Advertising Business. Walmart Wants One Too

      Amazon Has a Big Advertising Business. Walmart Wants One Too

      Australia Watchdog Seeks to Curb Power of Google, Facebook

      Australia Watchdog Seeks to Curb Power of Google, Facebook

    • Mobile
    • Security
    • Technocast
  • Education
    • IIT News
  • Videos
    • Viral Videos
    • Funny Videos
    • Television
      N.B.A. Stars Get Into the Hollywood Game

      N.B.A. Stars Get Into the Hollywood Game

      Fox to Broadcast N.F.L. Draft for First Time

      Fox to Broadcast N.F.L. Draft for First Time

    • Gaming
      PUBG Mobile Zombies Mode Release Date Is February 19: Report

      PUBG Mobile Zombies Mode Release Date Is February 19: Report

      Civilization VI Steam EULA Changed to Allow for Data Collection

      Civilization VI Steam EULA Changed to Allow for Data Collection

      Metro Exodus Review

      Metro Exodus Review

      Activision Blizzard to Lay Off 800 Workers as Video Game Sales Drop

      Activision Blizzard to Lay Off 800 Workers as Video Game Sales Drop

    • Music
      North Korean Orchestra Gives an Emotional Concert in the South

      North Korean Orchestra Gives an Emotional Concert in the South

      A Lyrical Twist: Figure Skaters Perform to Music With Words

      A Lyrical Twist: Figure Skaters Perform to Music With Words

  • Follow
    • Facebook
    • Twitter
    • Google+
    • Linkedin
    • Pinterest
    • Flickr
    • Youtube
    • Vimeo
    • Instagram
    • RSS
Mastercard Says Storing India Payments Data Locally in Face of New RulesInternet
Home
Tech
Internet

Mastercard Says Storing India Payments Data Locally in Face of New Rules

October 31st, 2018 admin Internet 0 comments 0

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 Mastercard, Visa and American Express will from October need to store their payments data “only in India” so that the regulator could have “unfettered supervisory access”.

The directive sparked an aggressive lobbying effort from US companies who said the rules would increase their infrastructure costs, hit their global fraud detection platforms and affect planned investments in India where more and more people are using digital modes of payments.

The companies had sought dilution of the central bank directive, requesting they be allowed to store data both locally and at their offshore offices, a practice widely known as “data mirroring”. But their requests were declined.

Mastercard has started storing all its new payments transaction data in India at its technology centre in the western city of Pune, the company said in a statement to Reuters on Tuesday. It did not specify whether a copy of that data was still being stored abroad.

The company said it has submitted a proposal with the Reserve Bank of India (RBI) for “storage of data only in India within a specified timeframe”. It did not give a timeline.

Visa too has started storing a copy of its new transaction data locally and had sought time from the RBI to comply with the requirement to store Indian data only within the country, two industry sources said.

Visa and American Express did not immediately respond to a request for comment.

The RBI directive was part of a wider push by India to ask companies to store more of their data locally at a time when governments globally are enforcing more stringent rules to protect user data.

Government sources have previously told Reuters that stringent data localisation measures were essential for gaining easier access to data during criminal and other investigations.

Two U.S. senators this month called on Indian Prime Minister Narendra Modi to soften India’s stance on data localisation, warning that measures requiring it represent “key trade barriers” between the two nations.

Other than the RBI proposal, India is working on an overarching data protection law that calls for the storing of all critical personal data in India. E-commerce and cloud computing policies are also being developed.

© Thomson Reuters 2018

Click here for more informations about top website development services

Share this:

  • Twitter
  • Facebook
  • Google
  • LinkedIn
  • Tumblr
  • Pinterest
  • WhatsApp
  • Skype

Related

  • Tags
  • Internet
Facebook Twitter Google+ LinkedIn Pinterest
Next article The Taste with Vir Sanghvi: Only the Italians know how to make salamis that always...
Previous article Test captaincy a burden on Sarfraz - Mohsin Khan

admin

Related Posts

Data Localisation, E-Commerce Not Discussed at US-India Summit: US Envoy Internet
February 15th, 2019

Data Localisation, E-Commerce Not Discussed at US-India Summit: US Envoy

Musk-Founded AI Group Not to Release Research on 'Fake News' Fears Internet
February 15th, 2019

Musk-Founded AI Group Not to Release Research on 'Fake News' Fears

Amazon Has a Big Advertising Business. Walmart Wants One Too Internet
February 12th, 2019

Amazon Has a Big Advertising Business. Walmart Wants One Too

Leave a Reply Cancel reply

About us…

it great website for everybody and bunch of all news in one website so it should must read every people. it very very useful.

Recent News List

Artificial Intelligence Can Help Improve Understanding of Earth Science: Study

Artificial Intelligence Can Help Improve Understanding of Earth Science: Study

Science Feb 16th, 2019 24
Social Media Corner 15 February 2019 Modi G

Social Media Corner 15 February 2019

Feb 15th, 2019 12
The secret to successfully mixing business with friendship Life-style

The secret to successfully mixing business with friendship

Feb 15th, 2019 13
Data Localisation, E-Commerce Not Discussed at US-India Summit: US Envoy Tech

Data Localisation, E-Commerce Not Discussed at US-India Summit: US Envoy

Feb 15th, 2019 14
PM Modi launches defence corridor and other development initiatives in Jhansi, Uttar Pradesh Modi G

PM Modi launches defence corridor and other development initiatives in Jhansi, Uttar Pradesh

Feb 15th, 2019 16

Timeline

Feb 15th 11:48 PM
Modi G

Social Media Corner 15 February 2019

Feb 15th 3:28 PM
Modi G

PM Modi launches defence corridor and other development initiatives in Jhansi, Uttar Pradesh

Feb 15th 6:18 AM
Modi G

PM Modi strongly condemns the attack on CRPF personnel in Pulwama, Jammu and Kashmir

Feb 14th 9:58 PM
Modi G

Social Media Corner for 14 February 2019

Feb 14th 12:48 PM
Modi G

Here are the Top News Stories for 14th Feb 2019

Weekly Tags

  • 591 News
  • 332 Gaming
  • 247 India News
  • 223 Internet
  • 155 MOVIES

Recent News

Artificial Intelligence Can Help Improve Understanding of Earth Science: Study

Artificial Intelligence Can Help Improve Understanding of Earth Science: Study

Feb 16th, 2019 24
Social Media Corner 15 February 2019

Social Media Corner 15 February 2019

Feb 15th, 2019 12
The secret to successfully mixing business with friendship

The secret to successfully mixing business with friendship

Feb 15th, 2019 13
Data Localisation, E-Commerce Not Discussed at US-India Summit: US Envoy

Data Localisation, E-Commerce Not Discussed at US-India Summit: US Envoy

Feb 15th, 2019 14
PM Modi launches defence corridor and other development initiatives in Jhansi, Uttar Pradesh

PM Modi launches defence corridor and other development initiatives in Jhansi, Uttar Pradesh

Feb 15th, 2019 16
  • World
  • News
  • Modi G
  • Nation
  • Elections
  • Sports
  • Lifestyle
  • Movies
  • Business
  • Tech
  • Education
  • Videos
  • Back to top
© Revenge News 2016. All rights reserved.
Produced by Circulate Technology