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Financial Lending

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technology2 years ago

Google Implements Strict Privacy Measures for Financial Lending Apps.

Google will prohibit financial lending apps from accessing user photos, videos, and contacts to prevent predatory behavior from some lenders. The policy will be implemented in countries like India, Kenya, Indonesia, Nigeria, and the Philippines, where individuals who have received loans from mobile credit apps have been harassed after failing to repay those loans. Last year, Google removed hundreds of loan apps from the Play Store in Kenya and over 2,000 loan apps from India in response to the widespread debt harassment.