Usually many apps can access our fin data with just our pancard ryt. Ind money didnt even ask for my pancard. Just from my number they gave everything. My pancard details, upi ids. Credit cards, bank account etc. how do they work. If i create an app, apply for some licence will i be able to get all this information? Will they check security of the database etc before giving licence..
"COMPLIANCE" You will need to spend loads of money to make your software fully compliant as per industry standards.
be extra careful with what permissions you give to any apps (not just loan apps). They extract contact info and even automatically apply for loan without your permission by reading OTPs
ANY APP THAT CAN READ OTP CAN ALSO WIPE YOUR BANK ACCOUNTS
I wanted to share one of my latest discoveries ✨
Found about this App via linkedin. As of now, its a convinient way to create FD’s without creating bank account in a particular bank. They are offerring bunch of rewards to do this . How ...
Why do this when there are no UPI fees and an abundance of UPI apps already?
No hate. Just curious why they’d build this
Folks, I'm trying out a side kick project using flutter. Would like to integrate with experience or cibil to get the credit report for users.
Can you help me with information how does this work and do we need to have a registered fint...
I want to know what does a fintech or a money management app does with all the data that they have. Do they sell it to other fintechs directly so they can sell products to customers or do they also sell it to brands for customer insights