he Reserve Bank of India restricted American Express Banking Corp. and Diners Club International Ltd. from adding new local customers, citing non-compliance with data-storage rules. The order will take effect May 1 and won’t impact existing customers, the RBI said in a statement Friday. The firms are the first to be penalized under India’s data-storage […]
India penalizes Amex, Diners for flouting data-storage rules
FintechTime Stamp: April 23, 2021 10:30 AM
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