India restricts American Express from adding new customers for violating data storage rules

0
India’s central bank has restricted American Express and Diners Club from adding new customers starting next month, it said Friday citing violation of local data-storage rules. In a statement, the Reserve Bank of India said existing customers of either of the two card companies will not be impacted by the new order, which goes into effect May 1. This is…
« Previous post: | Next post: »