The RBI on Wednesday, July 14, barred Mastercard from onboarding new credit, debit and prepaid card customers with effect from July 22. The action will not impact existing customers of Mastercard, the RBI said. Taking action against Mastercard, the RBI said, “notwithstanding lapse of considerable time and adequate opportunities being given, the entity has been found to be non-compliant with the directions on Storage of Payment System Data”.
Asia
Money laundering: Pakistan PM Shehbaz Sharif, son file acquittal pleas
Lahore (TIP): The indictment of Pakistan Prime Minister Shehbaz Sharif and his son and former Punjab Chief Minister Hamza Shehbaz was delayed on september 5 in a multi-million dollars money laundering case after they filed […]
Frontpage News
Trump to Join ‘Howdy Modi’: Delighted for Special Gesture, Says Modi
WASHINGTON(TIP): India’s Prime Minister Narendra Modi expressed delight at the news of US President Donald. J. Trump joining the special community program, ‘Howdy Modi’, in Houston, Texas on September 22. Prime Minister said that U.S […]
Europe
Five dead in alleged Palestinian attacks in Tel Aviv and West Bank
JERUSALEM (TIP): A Palestinian fatally stabbed two people in a Tel Aviv office building and three other people were killed in an attack in the occupied West Bank on Thursday, Israeli police and the army […]
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