The Federal Reserve voted Nov. 1 to again hold the benchmark interest rate steady. It’s the second time in a row that the Fed has voted against increasing the federal interest rate, since it began its aggressive strategy in March 2022 to get inflation under control. Though this may offer a small respite in credit … Read more
Using credit cards and debit cards to make payments is the norm even when you are not travelling nowadays. By Yash Sharma, Covid 19 has invented new norms. From business to jobs, from leisure to entertainment, from technology to finances, everything has undergone a sea change. The finance sector which was already heavily digital underwent … Read more
Mumbai: The Reserve Bank of India barred Mastercard Inc. from issuing new cards in India after it found the US-based payments major was storing customers’ data on servers located outside the country and also failing to erase from overseas servers the Indian leg of the transactions data within 24 hours as mandated, three sources aware … Read more