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'Silicon Savannah' Kenya targets loan apps abusing customer data

Digital lending apps mushroom in the East African nation with scant regulation seen permitting data abuse, debt shaming. Government moves to regulate loan apps to curb data violations. ....

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Kenya cracks down on loan apps abusing customer data

Digital lenders have boosted access to credit in Kenya but some are using predatory practices to profit from the poor, consumers and authorities say ....

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Kenya cracks down on loan apps abusing customer data

Digital lenders have boosted access to credit in Kenya but some are using predatory practices to profit from the poor, consumers and authorities say ....

Nairobi Area , Nita Bhalla , John Bigingi , Dominic Kirui , Kevin Mutiso , Helen Popper , Susan Njeri , Thomson Reuters , Society Foundation , Communication Authority Of Kenya , Office Of The Data Protection , Digital Lenders Association Of Kenya , Competition Authority Of Kenya , Thomson Reuters Foundation , East African , Data Commissioner Immaculate Kassait , Data Protection Act , Communication Authority , Silicon Valley , Google Play , Competition Authority , Grace Mutung U , Open Society , Digital Lenders Association , Bridget Andere , Africa Policy Associate ,

FEATURE-'Silicon Savannah' Kenya targets loan apps abusing customer data

Some borrowers say the loan apps are infringing on their data privacy http://cms.trust.org/item/20210129082306-xfbjk by bombarding the contacts saved on their phones with calls and message when they default. Digital rights groups also accuse them of illegally sharing clients' personal information with third parties and charging exorbitant interest rates that push poor families deeper into debt. ....

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'Silicon Savannah' targets loan apps abusing user data

Kenya’s borrowers, mostly low-income, have complained of harassment when they delay payments by only a day. ....

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