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Podcast: One Thing Today in Tech
Episode: India to mandate ‘whitelist’ of loan apps; Bessemer raises $4.6 bln; ToneTag expands VoiceSe payments service
Description: India’s finance ministry has decided that loan apps need to get government approval to be listed on online app stores, predominantly those operated by Google and Apple. The ministry’s officials and Finance Minister Nirmala Sitharaman met last week to discuss rising concerns over loan apps running rampant and the illegal practices adopted by some of the outfits providing loans. Central banker Reserve Bank of India will now make a list of legal apps that are permitted on the stores.
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India’s finance ministry has decided that loan apps need to get government approv...