Page 2 - Data Localisation

WhatsApp Pay clearance: RBI raises data localisation concerns with NPCI

Says won't allow the services until it meets data norms

Mastercard says it will meet Dec-end target for data localisation in India

However, says the card payments major, restricting data flows in digital transactions will affect the quality of fraud detection and assessment

Great Indian data centre rush: Corporates, start-ups want share in business

Nearly 80% of the data centres are located in Mumbai, Delhi, Hyderabad, Chennai and Bengaluru

In process of complying with RBI's data localisation norms: WhatsApp to SC

Top court adjourns matter for six weeks to give WhatsApp, RBI time to file compliance reports

Restricting cross-border data flow will hurt digital trade: AIMA report

The Draft Personal Data Protection Bill, expected to be tabled in Parliament soon, has proposed the data of all Indian users be stored within the country

PayPal considers data localisation for India, sets up operating centre

The RBI had, in April last year, asked payment firms to ensure their data were stored exclusively on local servers, setting a tight six-month deadline for compliance

Restricting cross-border data flow will hurt economy: Internet companies

Asia Internet Coalition says draft e-commerce policy must not classify data as a community resource.

Payment data has to be stored in India, says RBI in clarification

Global payment firms have expressed concerns about the RBI's April directive and the issue is believed to have been on the agenda of US Secretary of State Mike Pompeo's visit

Payment firms must return data to India for storage within 24 hours: RBI

RBI sticks clarifies that payment transactions can be processed outside the country.

RBI softens stance on data localisation, says will examine concerns

The RBI in April 2018 put out a circular requiring that all 'data relating to payment systems' are 'stored in a system only in India' within six months

CAIT seeks PM's intervention to exempt Visa, Mastercard from data norms

Reserve Bank had given six months time till October 15 to global payment companies to store transaction data of Indian customers within India

NIPFP: Data localisation norms are too broad, don't address key issues

Mandatory nature of localisation within specific regions ups risks of security breaches and data misuse; lack of strong protection regime may lower data protection and efficacy of payments ecosystem

Indirectly targeting India, US expresses concern over data localisation

Last week, two top American Senators wrote a letter to Prime Minister Narendra Modi, urging him to reconsider the RBI's decision on data localization

Visa, Mastercard, American Express miss RBI's data localisation deadline

But stern action from the RBI unlikely for now

Fully compliant with RBI's data localisation norms: Domestic payment cos

RBI had issued a circular instructing all payments system providers in the country to ensure that data relating to systems operated by them is stored only in India and had set a deadline of Oct 15

RBI data localisation: 80% players, including WhatsApp, comply with norms

In April, the central bank had given six months to global payment companies to store transaction data of Indian customers within India

Visa, Mastercard among cos set to miss RBI's deadline on data localisation

The two credit card giants have requested an extension of the deadline and a relaxation of the rules, citing operational difficulties and security concerns

Despite extension requests, RBI sticks to Oct 15 data localisation deadline

Last week, Finance Minister Arun Jaitley met RBI Deputy Governor B P Kanungo to discuss RBI's data localisation norms

US makes last-ditch effort in urging India to go easy on data localisation

Global tech companies including Mastercard, Visa and American Express have been lobbying India's finance ministry

RBI firm on data localisation; 80% of firms to comply by Oct 15 deadline

Despite a suggestion from the finance ministry to allow data mirroring instead of exclusive storage, the RBI did not budge