Source: TOI Synopsis: Mastercard Asia has been ordered by RBI to refrain from taking on new customers as it failed to fulfil its obligations under the local data storage rules. Also Read: Mastercard can’t issue new cards from July 22: RBI Issues involved Impact on the payments market: India’s retail payments landscape has transitioned to contactless… Continue reading RBI action on Mastercard again shows why it is urgent to have an omnibus data protection law
Tag: Data protection bill
Cross-border data movement under new law may be allowed on basis of reciprocity: Prasad
Union Telecom minister has said that the draft of Personal Data Protection Bill,2018 is finalised. The minister also said that India will uphold its data sovereignty and it will not be negotiable.However,some degree of data movement may be allowed but that will be based upon reciprocity and understanding. The draft of Personal Data Protection Bill,2018… Continue reading Cross-border data movement under new law may be allowed on basis of reciprocity: Prasad
