Fintech Apps News Today

Heres literally everything you need to know about KaiOS, a Linux-powered mobile OS for phones with traditional keypads that also lives a double life in the

Growth in the fintech ecosystem is already bridging the gap between demand and supply for unmet credit needs, especially in the near prime and medium value loan segments, and it will continue to do so in the future.

After Google updated its policy regarding enforcement of loan apps, only those apps are permitted on the PlayStore which are published by regulated entities or those working in partnership with regulated entities.

In fiscal 2023, there were 1,062 complaints against such lending apps. Google removed 134 fake loan apps from its Play Store in a week in September 2023 after series of complaints made against them. A dozen of those loan apps had one lakh downloads and 14 had over 50,000 downloads.

You can remit money through various secured agencies as they provide a simple and convenient money transfer experience.

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If you want to get smarter with your money, saving or investments, youll want to check out these insanely useful fintech apps thatll help you 10X your finances in 2024

There was a plethora of regulatory challenges in app interactions with insurance, banking and governmental agencies with fintech apps recording billion-scale transactions. This also threw enormous scope for constant innovations in fintech apps, he said, while speaking at the inaugural of the Bengaluru Tech Summit 2023.

To identify a genuine fintech app, do your research, verify the companys credentials, check for security measures, and seek professional advice.

It bars users from logging in to the app until they give permissions to access their phone book and other details.