• Internet
    India Proposes Easing Local Data Storage Rules for Foreign Payment Firms

    India’s finance ministry has proposed relaxing a directive from the country’s central bank that would compel global payment firms to store customer data only locally, following weeks of intense lobbying by US¬†companies and trade bodies. Easing the proposal would be a relief for firms including MasterCard, Visa and American Express, which fear India’s data onshoring […]