Unauthorised lending continues to be the top concern in sector

Unauthorised lending apps pose a significant threat to consumer trust and industry stability, according to a recent survey. Experts suggest increased digital literacy and app store audits as solutions. While progress has been made, concerns remain about these apps' accessibility and the need for stronger regulatory intervention to combat predatory practices.

Unauthorised lending continues to be the top concern in sector

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Unauthorised lending apps pose a significant threat to consumer trust and industry stability, according to a recent survey. Experts suggest increased digital literacy and app store audits as solutions. While progress has been made, concerns remain about these apps' accessibility and the need for stronger regulatory intervention to combat predatory practices.