Tag Archives: lending

[unable to retrieve full-text content]Strict rules for lending apps, combating malware underline Google’s Play Store  Hindustan Times Source link

Last Wednesday, the National Company Law Appellate Tribunal (NCLAT) refused to halt a Competition Commission of India order that requires Google to make changes to its Android ecosystem. Now, the search giant has asked the Supreme Court to halt the order, saying it would cause “lasting and irreparable harm” to Google, device manufacturers, app developers, Indian consumers, and the wider economy. Also in this letter:■ Ola Financial stops lending through Avail Finance app■ Flipkart… Source link

By Nupur Anand, Ira Dugal MUMBAI (Reuters) – Alphabet Inc’s Google has been asked by the Indian government and the central bank to introduce more stringent checks to help curb the use of illegal digital lending applications in India, according to sources. FILE PHOTO: The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew Kelly Even though Google doesn’t fall under the Reserve Bank of India’s (RBI) ambit, the U.S…. Source link

The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register MUMBAI, Sept 19 (Reuters) – Alphabet Inc’s (GOOGL.O) Google has been asked by the Indian government and the central bank to introduce more stringent checks to help curb the use of illegal digital lending applications in India, according to sources. Even though Google doesn’t fall under the Reserve… Source link

(Bloomberg) — Apple Inc. will handle the lending itself for a new “buy now, pay later” offering, sidestepping partners as the tech giant pushes deeper into the financial services industry. Most Read from Bloomberg A wholly owned subsidiary will oversee credit checks and make decisions on loans for the service, which is called Apple Pay Later. The business — Apple Financing LLC — has necessary state lending licenses to offer the feature, though it operates separately from the main Apple… Source link

The Securities and Exchange Commission on Monday settled charges with BlockFi Lending over its failure to register its cryptocurrency interest account, bringing the largest ever penalty against a crypto firm. The SEC found BlockFi violated three areas of federal securities laws – including selling unregistered securities, operating as an unregistered investment company and making “material false and misleading statements” on its website that the loans were over collateralized. “This is… Source link

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MUMBAI (Reuters) – Alphabet Inc’s Google has removed lending apps aimed at consumers in India from Play Store in an attempt to safeguard users, it said in a blog post on Thursday. FILE PHOTO: A Google search page is seen through a magnifying glass in this photo illustration taken in Berlin, Germany, August 11, 2015. REUTERS/Pawel Kopczynski “We have reviewed hundreds of personal loan apps in India, based on flags submitted by users and government agencies,” Suzanne Frey, Vice… Source link

MUMBAI (Reuters) – Alphabet Inc’s Google has removed some lending apps aimed at consumers in India from Play Store in an attempt to safeguard users, it said in a blog post on Thursday. FILE PHOTO: A man walks past the sign of “Google for India”, the company’s annual technology event in New Delhi, India, September 19, 2019. REUTERS/Sankalp Phartiyal/File Photo “We have reviewed hundreds of personal loan apps in India, based on flags submitted by users and government agencies,” Suzanne… Source link

MUMBAI (Reuters) – Alphabet Inc’s Google has removed some lending apps aimed at consumers in India from Play Store in an attempt to safeguard users, it said in a blog post on Thursday. FILE PHOTO: The logo of Google is seen on a building at la Defense business and financial district in Courbevoie near Paris, France, September 1, 2020. REUTERS/Charles Platiau “We have reviewed hundreds of personal loan apps in India, based on flags submitted by users and government agencies,” Suzanne… Source link