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View all search resultsP2P-lending
Tech 1 year ago
PREMIUM
Fraud and other risks still holding back P2P lending business
Despite a decade of tightening rules on what is allowed and what is not in Indonesia’s burgeoning peer-to-peer (P2P) lending industry, the fintech segment meant to improve financial inclusion is still riddled with risks for both lenders and borrowers.
Regulations 1 year ago
PREMIUM
How e-commerce transactions, utility bills affect credit scores: OJK
The Financial Services Authority (OJK) has explained new rules for innovative credit scoring (ICS) to assess the creditworthiness of people and small businesses that lack traditional credit histories.
Academia 1 year ago
PREMIUM
Fintech P2P lending benefit limits: The good deed that backfires
The decline in P2P lending practices is attributed to a variety of social issues. A problem commonly brought up is the debt collection methods, which sometimes involve prohibited measures such as intimidation and violence. Moreover, there is growing concern over high interest rates that affect consumers.
Regulations 1 year ago
PREMIUM
OJK shuts down P2P lender Investree amid alleged fraud
The OJK has revoked the license of homegrown P2P lender Investree, which faces a host of problems including fraud allegations and legal action against its founder, who has been slapped with the regulator's maximum sanctions and ordered to return to Indonesia.
