Tag: payday lending
Payday loan firm Wonga suffers data breach
Payday loan firm Wonga has suffered a data breach affecting up to 245,000 customers in the UK. A further 25,000 customers in Poland may also be affected. Read more: techcrunch.com
How FinTechs are using AI to transform payday lending
Fintech startups are using artificial intelligence to make loans with rates as low as 6% and with default rates of 7% or less. Read more: www.americanbanker.com