- Safi Bello
US Senators ask India's PM to rethink strict data localization plans
Engadget ---------- Starting on October 15th, global payment giants such as Mastercard, Visa and AMEX would have to store transactions that occurred in India on servers physically located within the country. That's the deadline the Reserve Bank of India (RBI) gave them, and it had already informed the firms that they're not going to get an extension. Now, US Senators John Cornyn and Mark Warner have written a letter to India's Prime Minister Narendra Modi, urging the country to soften its stance on data localization. According to Reuters, the senators warned the Prime Minister that the directive would present "key trade barriers" between the two nations. To learn more click on the picture below to read the article.