MANILA, Philippines — The National Privacy Commission (NPC) has initiated an investigation of 48 online lending applications that allegedly shamed borrowers who failed to settle their obligations on time. “Over the past few months, we received almost identical complaints that pile up by the day from individuals accusing online lending apps of rude practices. He said erring online lending operators might face temporary or permanent ban from operating, as well as possible award of damages to affected individuals. “Personal information controllers, meantime, should be fully transparent when declaring how they will process and use the personal data they collect, assuming full accountability,” he added. Liboro said the NPC will celebrate Privacy Awareness Week from May 25 to 31 as part of its efforts to intensify awareness on data privacy issues.

Source: Philippine Star May 21, 2019 15:29 UTC