Some of the mobile digital lending applications in Kenya have been struggling to recover loans issued out to their customers The situation was worsened by amendments to the Central Bank of Kenya ...

Marginalized communities still suffer from a variety of inequities in mortgage and small business lending, and from the enduring effects of historic financial discrimination.” The homeownership ...

Digital lending apps have changed the face of money borrowing for Indians in recent years, as instant and hassle-free loans are getting offered with minimal paperwork. Now it is a given that ...

At the same time, industry reports have pointed out that more than 60% of digital lending through platforms and mobile apps is to low-income, new-to-credit (NTC) borrowers. Lending to such ...

Hence, the RBI constituted a Working Group (WG) to study and examine the practices — the Report of the WG on digital lending including lending through online platforms and mobile apps (report on ...

As per the Act, ‘banking means the accepting, for the purpose of lending or investment ... (i.e online banking), mobile phones (i.e mobile banking) or other digital channels.’ ...

Borrowers now have easy access to and efficiency throughout the entire lending process thanks to the use of digital channels like websites and mobile apps. The application of artificial ...

Digital lending: Digitalisation has played a very important role in the transformation of various sectors, including the financial sector. It has helped people and banks get rid of extensive ...

MANILA, PHILIPPINES – The Philippine digital lending market can exceed 1 billion ... in the field of financial technologies for mobile applications.” Digital banks refer to the six digital ...

Chen, AJ, Omri Even-Tov, Jung Koo Kang, and Regina Wittenberg-Moerman. "Digital Lending and Financial Well-Being: Through the Lens of Mobile Phone Data." Accounting Review (forthcoming).