குஷ்மேன் வேக்ஃபீல்ட் ப்ல் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from குஷ்மேன் வேக்ஃபீல்ட் ப்ல். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In குஷ்மேன் வேக்ஃபீல்ட் ப்ல் Today - Breaking & Trending Today

Sorry, no Mastercard? Digital trade needs rules


updated: Jul 17 2021, 07:30 ist
By Andy Mukherjee,
Mastercard Inc. has been told not to issue new cards in India. It’s a move that underscores the urgent need of a US-led digital trade pact to set global standards for what sovereign states can and cannot do to firms that obtain and process data internationally. 
The Indian central bank pulled the plug on the US payments network for alleged noncompliance with its controversial local data storage rules introduced three years ago. In April, the monetary authority imposed similar restrictions on American Express Co. and Discover Financial Services’ Diners Club cards. Existing customers are going to be fine in all three cases, but the harsh penalties will still reduce competition in the market. ....

United States , New South Wales , City Of , United Kingdom , Andy Mukherjee , Joe Biden , Mastercard Inc , Facebook Inc , National Payments Corporation Of India , Bank Ltd , Financial Service Diners Club , Alphabet Inc , Walmart Inc , Didi Global Inc , Cushman Wakefield Plc , Microsoft Corp , Columbia Law School Professor Katharina Pistor , American Express Co , Nomura Research , Visa Inc , American Express , Discover Financial Service Diners Club , President Joe Biden , Bloomberg News , Didi Global , National Payments Corporation ,

Sorry, no Mastercard? Making sense of RBI's clampdown on US payments network


Mastercard Inc. has been told not to issue new cards in India. It’s a move that underscores the urgent need of a U.S.-led digital trade pact to set global standards for what sovereign states can and cannot do to firms that obtain and process data internationally.
The Indian central bank pulled the plug on the U.S. payments network for alleged noncompliance with its controversial local data storage rules introduced three years ago. In April, the monetary authority imposed similar restrictions on American Express Co. and Discover Financial Services’ Diners Club cards. Existing customers are going to be fine in all three cases, but the harsh penalties will still reduce competition in the market. ....

United States , New South Wales , City Of , United Kingdom , Joe Biden , Mastercard Inc , Facebook Inc , National Payments Corporation Of India , Bank Ltd , Financial Service Diners Club , Alphabet Inc , Walmart Inc , Didi Global Inc , Cushman Wakefield Plc , Microsoft Corp , Columbia Law School Professor Katharina Pistor , American Express Co , Nomura Research , Visa Inc , American Express , Discover Financial Service Diners Club , President Joe Biden , Bloomberg News , Didi Global , National Payments Corporation , Reserve Bank ,