Saturday 27 February 2021
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businessmirror - 9 days ago

‘Mobile lending underwriting process lacks transparency’

DESPITE the popularity of mobile lending in the Philippines, the underwriting process followed by the financial technology (fintech) players remains to be “very opaque,” a report noted. The Foundation for Media Alternatives (FMA), in its February report titled “Loan Apps: Financial Inclusion At What Cost?” said that many are still in the dark about the [ ]


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