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Indian adults prioritize wellness and personal finance in 2024: Amex Trendex Report

According to the survey, which included consumers from India, Australia, Canada, Japan, Mexico, the UK, and UK, 80 per cent of Indians prioritize their mental health at work and a 78 per cent reported that their workplace offers health and wellness benefits. ....

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American Express Banking Corp India appoints Sanjay Khanna as CEO: Best Media Info

Best Media Info: In his previous roles Khanna has held many leadership positions in the company including Head of Global Financial Operations, India Center Lead for Finance and Chairman of the American Express India (| Marketing News ....

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Sanjay Khanna is appointed CEO, country manager for India by American Express Banking Corp

American Express stated, Khanna leads the country executive team and is responsible for driving growth across the organisation. ....

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RBI imposes restrictions on American Express and Diners Club

RBI imposes restrictions on American Express and Diners Club
April 23, 2021
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The Reserve Bank of India (RBI) has imposed restrictions on American Express Banking Corp and Diners Club International Ltd from on-boarding new domestic customers onto their card networks from May 1.
In an order issued on Friday, the RBI said the aforementioned entities have been found non-compliant with the directions on Storage of Payment System Data. This order will not impact existing customers, it added.
The RBI’s circular on Storage of Payment System Data (April 6, 2018) had directed all Payment System Providers to ensure that the entire data relating to payment systems operated by them is stored in a system in India within six months. ....

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RBI restricts American Express, Diners Club from on-boarding new customers from May 1

The two payment system providers have been penalised for violating data storage norms
The Reserve Bank of India has restricted American Express Banking Corp and Diners Club International Ltd from on-boarding new domestic customers onto their card networks from May 1 for violating data storage norms.
The order will not impact the existing customers of these two entities, the central bank said in a statement on Friday.
American Express Banking Corp and Diners Club International Ltd are Payment System Operators authorised to operate card networks in the country under the Payment and Settlement Systems Act, 2007 (PSS Act).
The RBI has imposed the restrictions on American Express Banking Corp and Diners Club International by an order dated April 23, 2021. ....

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