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Provident Funding Partners with Lender Price
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Eduvanz provides convenient subscription-based Zero cost EMIs to parents to pay K-12 school fees
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RBI is exploring ways to regulate online loan apps
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The Reserve Bank of India (RBI) has reached out to Google, Digital Lenders Association, fintech association FACE and several NBFCs for inputs on ways to regulate digital lenders.
The RBI working group on digital lending has sought details from Google on its criteria for onboarding fintech loan apps on its Play store and the parameters these digital lenders follow.
Mumbai: The Reserve Bank of India (RBI) has reached out to Google, the Digital Lenders Association (DLAI), fintech association FACE and several non-bank lenders for inputs on ways to regulate digital lenders, three people aware of the development said.
Can Digital Savings, Credit, and Insurance Reshape Rural Microfinance?
Share Article MILWAUKEE (PRWEB) March 09, 2021 The COVID-19 pandemic has brought to the fore a number of ways that society can use digital technologies to go about day-to-day life, including to use banking services without entering physical banks. While the pandemic has accelerated interest in using contactless technologies, even before the pandemic, the last two decades have seen dramatic increases in the use of mobile phones as well as satellite remote sensing, with wide-ranging implications for small scale financial services across the globe. For example, cell phone subscriptions have more than doubled and the number of and satellite launches have expanded over 20 times. What opportunities and dangers have such digital data unlocked?