Fintech Companies With China Links On Govt’s Radar
Shortpedia
Content Team
Image Credit: shortpedia
Twenty days after banning nearly 200 mobile applications over China links and security issues, the government has turned its focus on several fintech apps with Chinese links. “The potential implications of a data compromise from fintechs such as lending apps are quite grave, since it involves sharing sensitive financial data of the user to the lender,” said one of the two people aware of develoment.
