Uber looks to expand users in UAE, Saudi Arabia, as it rolls out Uber Lite, a simplified version of ride-hailing app

Dubai: Uber is rolling out across the region a lightweight version of its app to attract more riders. Designed to cater to phone users with limited access to data, or those with storage issues and are using a lower-spec smartphone, Uber Lite is now available in the United Arab Emirates and Saudi Arabia, the US-based ride-hailing […]

Mastercard raises concerns over India’s strict data rules, says they might hinder fraud, money laundering detection

Mastercard Inc. is concerned that India’s strict data localisation rules could compromise its ability to detect frauds and money laundering in the domestic payments system. Storing customer data exclusively in India without creating mirror sites overseas is risky because “it takes away the capability to see the broader world,” said Mastercard’s chief product officer Michael […]