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Sep 20 2021 Fintech Alliance.PH warns public about online lending apps’ deceptive tactics
The Fintech Alliance.PH is one with the National Privacy Commission (NPC) and various industry players in condemning the insidious practice of illegal and irresponsible data harvesting of some online lending applications.
Several online lending platforms have been found to be exploiting users’ data by using unnecessary app permissions in order to access and store excessive amounts…
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Sep 20 2021 Machine Learning: The Future of E-Commerce Fraud Prevention
Machine learning plays a pivotal role in effective fraud prevention systems. In this article, learn how machine learning can significantly improve your business’s ability to stop fraud attacks.
With the recent surge in e-commerce usage globally, the possibility of an online fraud attack is at an all-time high. e-commerce retailers stand to lose over US$20 billion in…
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Sep 20 2021 Voyager’s PayMaya Bags Sixth Digital Bank License From BSP
Bangko Sentral ng Pilipinas (BSP) has awarded the sixth digital banking license to Voyager Innovations (Voyager), through its financial technology arm PayMaya Philippines.
PayMaya had previously raised US$167 million from the likes of Philippines telecoms PLDT, global investment firm KKR, Chinese tech firm Tencent and IFC Asset Management Company in anticipation of the license.
The digital bank will be known…