Thiruvananthapuram: The Kerala government said on Monday that cases of people being cheated after getting loans through online applications are being reported in the state and the police are taking strict action against entities involved in such activities even though they operate from other states. Chief Minister Pinarayi Vijayan toldRead More →

Introduction The loan aggregator is an intermediary organization that gathers an individual’s personal and financial information on a loan application and notifies them of those who might offer an individual a loan. These aggregators charge a certain amount to provide the end-to-end individual service in their entire loan application process.Read More →

THE Federal Government of Nigeria has ordered payment system operators (PSOs) and telecommunications companies to stop providing access to illegal digital money lenders, also known as loan sharks, in Nigeria. Executive Vice President of the Federal Competition and Consumer Protection Commission (FCCPC) Babatunde Irukera revealed this on Thursday in Lagos,Read More →

Cyber-Forensics.net Cybercrime Specialist Loan application fraud is a type of fraud where criminals steal consumers’ online information to obtain illicit loans they have no intention of repaying. Limiting the impact of fraudulent payments is now a top priority for financial institutions. —Timothy Benson SOFIA, BULGARIA, April 28, 2022 /EINPresswire.com/ —Read More →

On Friday, March 11, the Federal Competition and Consumer Protection Commission (FCCPC) raided at least seven digital loan companies operating in Lagos on “possible violation” of consumer rights. The operation led by the boss of the commission, Babatunde Irukera, responded to several complaints of embezzlement on the part of lenders.Read More →

The in-depth study of the Online Loan Aggregators Market is an expert and top-down survey of the state of momentum across the globe. Global Online loan aggregator industry with attention to the global market. The report gives key information on the available status of global online loan aggregator producers andRead More →

After years of lamentations, the federal government has finally heard the cries of Nigerians. Therefore, the crackdown on loan sharks began. The Federal Competition Commission for Consumer Protection, in conjunction with the Independent Corrupt Practices and Other Related Offenses Commission, the National Information Technology Development Agency and the Nigerian Police,Read More →

The Federal Competition and Consumer Protection Commission raided some illegal financial institutions operating in Opebi Road, Ikeja, Lagos This was done in conjunction with the Independent Corrupt Practices and Other Related Offenses Commission, the Nigerian Police, among others. The operation carried out by the boss of the commission, Babatunde Irukera,Read More →

The Federal Competition Commission for Consumer Protection (FCCPC), in collaboration with the National Agency for the Development of Information Technologies (NITDA); The Independent Corrupt Practices and Other Related Offenses Commission (ICPC) and the Nigerian Police (NPF) raided some suspected illegal financial institutions on Friday. Some of the affected online lendersRead More →

Shayamoya resident Everton Mfitshi writes: I would like to warn people about a new scam trend on Facebook and WhatsApp. In January, parents have to pay school fees for their children, buy uniforms and stationery. This means that most parents need extra funds, but I want to warn them toRead More →

LOS ANGELES – January 26, 2022 – (Newswire.com) iQuanti: Online loans are a way for lenders to offer quick cash loans to borrowers without meeting in person. These loans are a useful tool when you need quick access to cash that you can repay quickly. And while it can beRead More →

Identify sales forecasts to help your business maintain adequate inventory, create an action plan with the latest edition published by AMA on the Online Loan Aggregators Market to regulate the balance of demand and supply . This press release was originally issued by SBWire Edison, New Jersey—(SBWIRE) – 01/25/2022 –Read More →

Desperate people looking for cash ahead of Christmas are being swindled out of hundreds of dollars in online loan fraud, Gardaí warned. A number of websites offering unsecured loans target financially vulnerable people in the scams known as advance fee fraud. The Garda National Economic Crime Bureau (GNECB) has warnedRead More →

ALMOST daily Nigerians have recently received text messages like the following: “Your friend, Mr. Donald Drum, is a dubious person, a thief and a fraudster who has been swindling people for weeks now. This person got a loan from our company but he refused to pay it back. He totallyRead More →

BANGKOK (The Nation / Asia News Network): Six people were arrested by police from the Cyber ​​Crime Investigation Bureau (CCIB) who had launched an investigation on the website www. กู้ เงิน ฉุกเฉิน. Net (emergency loan) in early in the week, Pol said. Lieutenant-General Kornchai Khlaikhleung, head of the CCIB, Thursday,Read More →

Bangladesh Comptroller and Auditor General Mohammad Muslim Chowdhury, Financial Institutions Division Secretary Sheikh Mohammad Saleem Ullah, Sonali Bank Chairman Ziaul Hasan Siddiqui, Bangladesh House Building Finance Corporation Chairman Md Salim Uddin and Managing Director BHBFC Md Afzal Karim, among others, attend the launching ceremony of an online loan deposit systemRead More →

introduction A loan aggregator is an intermediary organization that gathers personal and financial information about a loan application and reviews it to find out who might offer a loan to a person. These aggregators charge a certain amount to provide the individual end-to-end service throughout their loan application process. OnlineRead More →

TEMPO.CO, Jakarta – The Jakarta Legal Aid Institute (LBH Jakarta) was planning to file a lawsuit in the Jakarta Central District Court against President Joko “Jokowi” Widodo, Vice President Ma’ruf Amin, Ministry of Communication and Information, the Financial Services Authority (OJK), and the House of Representatives (DPR). ” It’s plannedRead More →

As the Indonesian fintech ecosystem matures, criminals are also developing ways to do business in space. This has led to the victimization of unintentional users, and the problem is widespread. The IT ministry blocked 1,856 unlicensed fintech lending platforms in 2021 and nearly 4,900 illegal lending platforms since 2018. However,Read More →

Jakarta (ANTARA) – Although police in Greater Jakarta have arrested three perpetrators operating illegal online lending services in Tangerang, more and more people continue to fall victim to similar practices amid the proliferation of several of these illegal fintechs. The Ministry of Communication and Information Technology handled up to 447Read More →

The publication titled “Indonesia Online Loan and Insurance Industry Outlook to 2024-Compelling Incumbents to Pursue Growth via Product Development & International Expansion” undertakes an analysis of Indonesia’s socio-demographic, economic, banking and fintech outlook; global loan and insurance scenario; gaps in traditional distribution models filled by the aggregator (financial markets); UniqueRead More →

“We are always looking for ways to make our products more convenient for the elderly, which now means offering more capabilities online,” said Martin Lenoir, Marketing Director of AAG. “The pandemic has pushed older Americans into the digital world and this has prompted us to make some improvements. Now, manyRead More →

By Kao Shih-ching / Journalist The Financial Supervisory Commission (FSC) plans to ease regulations on web-based consumer lending at banks as the government seeks to create a comprehensive digital banking environment, the commission said yesterday. Current regulations allow online loan applications, but require banks to adopt more stringent identity authenticationRead More →

Gardai seeks to warn the public of Limerick against advance fee fraud. “A number of bogus websites offer unsecured loans and target vulnerable people who have had difficulty obtaining loans from established financial institutions. A person applies for a loan through a website that offers loans that will be processed.Read More →

On August 12, 2021, the Massachusetts Attorney General (AG) announcementa regulationwith an online loan service, resolving allegations that the company engaged in abusive debt collection practices in violation of the AG’s debt collection regulations. After the AG’s office investigated the company, Massachusetts AG alleged that the company, which offers short-termRead More →

The online loan market has intensified over the past 5 years, but many people still only contact their own bank when considering taking out a loan. But is it really the smartest thing to do? Your own bank is not always the cheapestThere is absolutely no guarantee that your ownRead More →

Police from the Crime Suppression Division raided an illegal loan service in Nonthaburi province and arrested 30 gang members. But the Chinese boss remains free. (Photo provided) NONTHABURI: Thirty members of an illegal online lending network operated by a Chinese national were arrested during a raid on three apartment buildingsRead More →

By Mélanie Coleman Data continues to play an increasingly important role in marketing. Senior executives and boards are starting to understand that vanity metrics like clicks and impressions only tell part of the story. As marketers, our challenge is to continue to dig deep, anticipate upcoming questions, and effectively illustrateRead More →

NEW YORK – Some small businesses forced to turn to online lenders for pandemic relief are making these niche players a bigger part of their financial game plan and are even considering getting rid of their traditional banks altogether. Loans from online lenders have saved thousands of small business ownersRead More →