Washington:President Barack Obama intends to appoint Ajay Banga, the Indian-American President and CEO of MasterCard, as a member of the Advisory Committee for Trade Policy and Negotiations. The White House Thursday announced Obama’s intent to appoint Banga, who is also the current chairman of the US-India Business Council (USIBC) representing more than 300 of the […]
New Delhi: The RBI will examine concerns around its strict data localisation rules that require storing of customer data exclusively in India without creating mirror sites overseas, the government said Tuesday. The Reserve Bank of India (RBI) in April last year asked payment firms to ensure their data are stored exclusively on local servers, setting […]
Washington: US multinational financial services company Mastercard on Tuesday announced a commitment of USD 10 million to address the “gut-wrenching” situation of surging COVID-19 crisis in India. To be delivered…
New Delhi: Point-of-sale payments solutions company Pine Labs on Friday announced an investment by global payments technology giant Mastercard. “This relationship is a great validation of the top-quality products that Pine Labs delivers to merchants,” Lokvir Kapoor, Founder and Chairman of Pine Labs, said in a statement. “Together, we have a unique opportunity to use […]
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