The measures include improved disclosures for borrowers, consent-based data collection, a cooling-off period for online lending and the creation of a new SRO.
Jakarta , Fintech Peer to Peer (P2P) loans, also known as online loans (Pinjol), are a shortcut for those who need money fast. Despite all the conveniences given, be aware that there is a risk of non-payment. Also, the loans have higher interest rates and shorter installments compared to conventional loans. For this reason, borrowers […]
Digital Identity Verification Company Will Improve Credex’s Security Infrastructure This press release was originally issued by Release Wire Kaunas, Lithuania — (Release Wire) – 05/16/2022 – iDenfy, a Lithuanian startup providing remote identity verification and fraud prevention solutions, has partnered with Credex, a financial institution that offers digital lending services. Using the new comprehensive identity […]
A COUNTY Limerick woman has told how she was scammed out of nearly £10,000 in savings as perpetrators used a number of schemes to bleed her dry. She details the sneaky, underhanded, underhanded methods they used to steal her hard-earned savings. The woman does not wish to be named but wants to warn others not […]