Loan platfom stories
Lookout finds predatory behaviour on 300 loan apps
Lookout has discovered almost 300 loan apps that exhibit predatory behaviour, such as exfiltrating excessive user data from mobile devices and harassing borrowers for repayment.
Com Com to head to court on Google Ads price fixing
The Commerce Commission has filed proceedings at the High Court claiming Moola engaged in cartel conduct relating to online advertising on Google Ads.
Brisbane fintech launches with ambitious goals
Digital lending and payments provider WLTH is focused on refreshing the financial services industry in Australia, and has growth projections of $1.23 billion worth of residential and commercial loans by the end of FY22.
Reckon and Prospa offer customers exciting new loan platform
"We will offer businesses simplicity and convenience through the lending application and fast funding on approval,"
Concern over mobile loan service
The interest on the Ferratum loans reaches 292% p.a. for a $100 loan over 30 days