PREMIUMOnline lenders join data center to foil recalcitrant borrowers

first_imgLog in with your social account Google Five major peer-to-peer (P2P) lending platforms have formally joined the Fintech Data Center established by the Indonesian Fintech Lenders Association (AFPI) late last year to protect online creditors from recalcitrant borrowers and bad debt.The association’s technical support head Ronald Andi T. Kasim said that by joining the data center, the five online lending apps could get data on the profiles of potential borrowers, their characteristics and the performances of their loans on other lending platforms.With such data, online lending platforms that have joined the data center can better vet their potential borrowers so they can prevent bad debt and delinquency, he said.Ronald said that the five online lending platforms, which consist of  Finmas, Danamas, Maucash, Julo and Mekar, were chosen as the pioneers to join the data center because they were most prepa… LOG INDon’t have an account? Register here Facebook Topics : Linkedin Forgot Password ? Indonesia fintech P2P-lending Financial-Data-Center AFPI OJK bad-loanslast_img

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