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The companies had sought dilution of the central bank directive, requesting they be allowed to store data both locally and at their offshore offices, a practice widely known as data mirroring . But their requests were declined.

Mastercard says storing India payments data locally in face of new...

Mastercard has started storing all its new payments transaction data in India at its technology centre in the western...

31 Oct 2018 3:26 AM

Youngsters are using WhatsApp to consume news. (Photo: Pixabay)

WhatsApp sets up system to store payments data locally as per RBI norm

RBI had given time till October 15 to comply with the mandate.

9 Oct 2018 7:08 AM

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

India proposes easing local data storage rules for foreign payment...

RBI would compel global payment firms to store customer data only locally.

12 July 2018 3:25 AM

The Magnetic Hard Disk drive still remains the most cost effective storage technology today, with desktop PCs their biggest market.

What's in store?

As storage demands explode, hard drives hold their own in the shootout with solid state. We try out the world's biggest...

24 Jun 2019 5:03 AM

The card, which will be issued by Goldman Sachs Group Inc and will use the Mastercard Inc network, will come with new features in the Apple Wallet to help users track their spending with a breakdown of monthly purchasing.

India to review data storage rules that irked US tech firms

The decision to review the rules comes at a time when trade tensions between India and United States have risen.

19 Jun 2019 6:52 AM

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI seeks on payments data storage every fortnight

A payment bank official on the condition of anonymity confirmed receipt of the RBI letter.

11 Jun 2018 3:50 AM

Gene expression is the process by which instructions in DNA are converted into a product, such as a protein. (Photo: Pixabay)

A billion GB of data in 5ml tube: Meet DNA data storage

The whole world's existing data, when stored in DNA, will be much less than the capacity of a cargo container.

25 Jun 2018 9:02 AM

The scientists at MIT have found a method using sequences of DNA to detect the fungal product aflatoxin. (Photo: Pixabay)

DNA is the next storage medium for data

Microsoft has already made the leap to store data in your DNA strands.

22 May 2017 12:05 PM

Being able to integrate holography with everyday electronics would make screen size irrelevant. (Image: RMIT)

Thinnest 3D hologram developed

An Australian-Chinese research team has created the world's thinnest hologram, paving the way towards the integration of...

22 May 2017 6:56 AM