Lendsqr and HyperVerge partner to thwart loan fraudsters in Africa
At least 6% of loan applications to digital lenders contain identity fraud. Since the advent of digital lending, the time it takes to get loans has reduced from days to sometimes seconds. Unfortunately, it has also made it easier for fraudsters to use stolen identities to take loans. This has given rise to the use […]
Combating fraud in the lending ecosystem: Your role as a digital lender
Fraudsters bank on your silence and my silence to thrive; they are aware that their victims will stay quiet, as they may face jeers and sneers if they admit to getting scammed. Hence, these grifters continue to succeed in their dishonest schemes. How then do we combat fraud?
8 reasons why you should NOT use Kolo
Let's explore the different reasons why you shouldn’t make use of your Kolo account or encourage your family and friends to do so.