Trust and safety head at Google sheds light on struggles with Bad loan apps in Asia-Pacific (Image: pixabay.com)Delhi : Saikat Mitra, Google's Vice President and Head of Trust and Safety for Asia-Pacific, recently discussed the difficulties in tackling the problem of phony lending apps on the Google Play Store in an interview. Partnership Between Google and Regulatory AuthoritiesIn the last two years, Google has worked with regulatory bodies to create stronger norms, taking additional safety measures with loan apps. In 2022, Google reviewed and took enforcement action on more than 3500 personal loan apps. Mr. Mitra defended the practice of advertising lending apps on Google domains, such as Search, saying that it is acceptable if the apps follow Play Store policies. He went on to say that despite the difficulties, Google is still dedicated to improving user safety and creating a secure online environment.

Source: Indian Express December 02, 2023 12:21 UTC