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Stock impact report

India’s About to Hand People Data Americans Can Only Dream Of [Yahoo! Finance News]

Infosys Limited American Depositary Shares (INFY) 
Last infosys limited american depositary shares earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: infosys.com/investors
) -- India has more than 560 million internet users, all generating data by the terabyte. Soon they’ll have an unprecedented amount of control over their digital financial footprints, with the ability to decide what to share, with whom, and for how long. India’s top banks are getting ready to roll out a system that gives consumers access to a wide swath of their financial data and allows them to share it instantly. Backed by the Reserve Bank of India, it’s an ambitious approach that combines privacy protection with credit reporting: if it works, it could unlock the credit market for millions of Indians while offering new levels of data security and consumer control. India’s effort is one of a handful of initiatives around the globe to return control of data to consumers, notably with the “open banking” movement in Europe and Australia. India’s approach is unique -- it relies on third parties to mediate the often complicated process of information sharing -- and so is its target popula Show less Read more
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