#online lending

Collection of online lending news, found 43 news.

G20 Indonesia

Digitization reform must be restored stronger: BI governor

Bank Indonesia (BI) Governor Perry Warjiyo emphasized that digitalization in the payment system is a type of reform ...

Gov't has zero tolerance for illegal online lending: minister

The Indonesian government will not tolerate illegal online lending given its detrimental impact on the community, ...

Losses from illegal schemes, loans reach US$8.2 bln in 2011--2021

Losses due to illegal investment schemes and loans involving millions of victims reached Rp117.4 trillion or about ...

Economist presses for strategic policy for equitable digitalization

The government should create a policy strategy driven by the COVID-19 pandemic situation to bolster digitalization that ...

Government's role in safeguarding citizens from illegal online loans

The community has recently become aware of the practice of illegal online lending. Some people were under the false ...

Financial technology boosts financial inclusion: Aftech

The presence of financial technology (fintech) companies can encourage the acceleration of financial inclusion in ...

Govt to revoke permits of co-operatives operating illegal online loans

The Ministry of Co-operatives and Small and Medium Enterprises has decided to crack the whip on savings and loan ...

AFPI to form task force to thwart illegal online lending

The Indonesian Joint Funding Fintech Association (AFPI) has planned to establish a joint task force to address the ...

Action taken against 3,631 illegal online lenders since 2018: OJK

The Financial Services Authority (OJK) said it has initiated legal action against 3,631 illegal online lenders since ...

Fintech financing to productive sectors at Rp114.76 trillion: OJK

The total financing arranged by financial technology firms for productive sectors until October 2021 reached Rp114.76 ...

Collectively protect the application of restorative justice: Minister

Coordinating Minister for Political, Legal and Security Affairs Mahfud MD urged law enforcers and Indonesians to act ...

Trap tale of illegal loan service

Si, 49, was disappointed, angry, and annoyed on finding out that his nephew had received a threatening message ...

Legal basis, data protection key to crushing illegal lender syndicates

“Need quick money? Want an easy process? Want low interest?” That is how online lending companies often ...

LPSK to provide protection to victims of illegal online lending

Deputy chairman of the Witness and Victim Protection Agency (LPSK), Achmadi, has said that his agency is ready to ...

Data protection bill is legal shield against data leak: ELSAM

The personal data protection bill would provide certainty regarding data protection, particularly for victims of ...