Chinese influence, loan-collection practices reasons for India’s crackdown on lending apps • TechCrunch

India’s push to ban over 90 lending apps has sent shockwaves to the fintech industry as many scramble to understand why they have been impacted. The Ministry of Electronics and IT’s move is reportedly aimed at protecting the nation’s integrity and curb China’s influence in the South Asian market, the state-owned broadcaster Prasar Bharti said…

Encrypted Messaging App Exclu Used by Criminal Groups Cracked by Joint Law Enforcement

Feb 07, 2023Ravie LakshmananEncryption / Privacy A joint law enforcement operation conducted by Germany, the Netherlands, and Poland has cracked yet another encrypted messaging application named Exclu used by organized crime groups. Eurojust, in a press statement, said the February 3 exercise resulted in the arrests of 45 individuals across Belgium and the Netherlands, some…