As regular readers of this column know, I am a proponent of using digital technologies to democratize credit. I think we have an opportunity to leverage the platform architectures we have built to allow those currently overlooked by the financial system a chance to gain access to it. However, reports of ugly incidents in this space remind me that lending has always had a dark underbelly, and as we increasingly rely on online lending platforms to enable wider access to credit, we will only create more opportunities for that ugliness to manifest itself in newer and more pernicious ways.


US President Donald Trump.

Can Twitter survive banning Donald Trump?


Trump<p>Article source: <a href=https://www.livemint.com/opinion/columns/the-menace-that-many-lending-apps-have-turned-into-11609864680015.html

Pin It on Pinterest

×
menu
iPhone Optin3

Subscribe To Our SMS Marketing News

Join our mailing list to receive the latest news and updates.

You have Successfully Subscribed!