DSI asks Google and Apple to remove unlicensed loan apps in Thailand
· 50-word read
In 50 words
Thailand's Department of Special Investigation (DSI) asked Google and Apple on 13 Nov to remove loan apps from their Thai app stores unless they belong to one of eight lenders licensed by the Bank of Thailand. The DSI says unlicensed apps use borrowers' contacts and photos to shame them.
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Why it matters
People in Thailand can check on the Bank of Thailand website whether a lender is licensed before downloading a loan app. Those tricked into paying deposits or fees can report it to the 1441 anti-online scam hotline.
What's next
The DSI said it will work with the Bank of Thailand on measures to stop such lending and is considering urgent action under the Special Investigation Act of 2004.
Key dates
- 21 OctCyber police arrested six men in Phitsanulok over an alleged illegal lending network, according to the source.
- 13 NovThe DSI sent Google and Apple the list of eight licensed digital personal loan providers and asked them to remove other loan apps.
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Sources
- ThaigerRead the original article →
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