#OTP can be systemically abused by providers for the gains and consumer has no recourse. Even after 84000 consumers were harmed - there has been no regulatory action against @mybfil on the matter. #FairDigitalFinance @RBI ?

#CashlessConsumer, @internetfreedom & everyone wanting a #FairDigitalFinance, want regulatory action around acts of omission causing consumer harm.
@RBI is yet to say a word on #BFILConsent, even as it had knowledge of it for more than 6 months.

We demand releasing audit report
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RT @internetfreedom
Bharat Financial Inclusion Limited disbursed 84,000 loans without getting the customer consent recorded. This digital lending prac…
https://twitter.com/internetfreedom/status/1503970279810543616

Internet Freedom Foundation (IFF) on Twitter

“Bharat Financial Inclusion Limited disbursed 84,000 loans without getting the customer consent recorded. This digital lending practice of recording consent through OTPs is thorny as it may lead to consent scams! (1/5) https://t.co/ul2IbF2u96”

Twitter

#WorldConsumerRightsDay #FairDigitalFinance #HallOfShame - For having the most numb product team and keeping the website without a privacy policy / terms of service, ~6 months after being flagged by malware vendors as phishing site - @billdesk #SIHub -

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RT @logic
So its almost a month, but #SIHub doesn't care about getting itself removed from Phishing database - that is because there is no privacy policy / terms of use!!.

The domain lis…
https://twitter.com/logic/status/1460854438042636288

Srikanth.CashlessConsumer | ஸ்‌ரீகாந்த் on Twitter

“So its almost a month, but #SIHub doesn't care about getting itself removed from Phishing database - that is because there is no privacy policy / terms of use!!. The domain list has now propogated to antivirus solutions now. https://t.co/HdhqYC8hCa”

Twitter

#WorldConsumerRightsDay #FairDigitalFinance #HallOfShame - The UX 'green' pattern goes to @juspay for visually decieving to obtain consent.

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RT @logic
The merchant - before the #2FA page, redirected to #JusPay page which said "Secure your card with VISA" and had an "Secure & Pay" in a big green button and "Opt Out" in a smaller font plain link.
https://twitter.com/logic/status/1464831468644057096

Srikanth.CashlessConsumer | ஸ்‌ரீகாந்த் on Twitter

“The merchant - before the #2FA page, redirected to #JusPay page which said "Secure your card with VISA" and had an "Secure & Pay" in a big green button and "Opt Out" in a smaller font plain link.”

Twitter
#WorldConsumerRightsDay #FairDigitalFinance #HallOfShame For getting a mention from @troyhunt after losing data to breach and being in denial.
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RT @troyhunt
Never *ever* behave like @MobiKwik has in this thread from 25 days ago. Try Googling “mobikwik data breach” now... https://twitter.com/MobiKwik/status/1367489330902675463
https://twitter.com/troyhunt/status/1376656147218800641
MobiKwik on Twitter

“A media-crazed so-called security researcher has repeatedly over the last week presented concocted files wasting precious time of our organization while desperately trying to grab media attention.We thoroughly investigated his allegations and did not find any security lapses. 1/n”

Twitter

#WorldConsumerRightsDay #FairDigitalFinance #HallOfShame Special mention to @BYJUS for getting a parliamentary mention on abusive practices of loan dumping.

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RT @YuvrajNanda
Such productive parliament sessions are certainly the need of the hour for India. Kudos to @KartiPC for bringing up this heavily serious issue of EdTech Scams across India. Well done!
https://twitter.com/YuvrajNanda/status/1472794079003959297

Yuvraj Nanda on Twitter

“Such productive parliament sessions are certainly the need of the hour for India. Kudos to @KartiPC for bringing up this heavily serious issue of EdTech Scams across India. Well done! https://t.co/RkRgN5NJLA”

Twitter
#WorldConsumerRightsDay #FairDigitalFinance #HallOfShame - Abuse enabler award goes to @ADVANCEAI_ for enabling facial recognition and facial multi loan score data provider to every one of the abusive #KillerLoanApps

#WorldConsumerRightsDay #FairDigitalFinance #HallOfShame - Shared nominations - @ICICIBank @Shopx_Ind @IDFCFIRSTBank for abusing #PennyDrop to build databases of people without their consent

Read more on #PennyDrop abuse 👇
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RT @logic
This is @ICICIBank selling anyone's name associated to any bank account for ₹ 99 (incl GST). The person whose privacy got violated will be paid ₹ 1. Which genious comes with product like this ? #Pennydrop AP…
https://twitter.com/logic/status/1490998842854154243

Srikanth.CashlessConsumer | ஸ்‌ரீகாந்த் on Twitter

“This is @ICICIBank selling anyone's name associated to any bank account for ₹ 99 (incl GST). The person whose privacy got violated will be paid ₹ 1. Which genious comes with product like this ? #Pennydrop APIs are used by range of fintechs to fetch names cc @internetfreedom”

Twitter
#WorldConsumerRightsDay #FairDigitalFinance #HallOfShame - @mybfil - for the #ConsentScam they called as 'Technical Glitch' and autorenewed 84000 loans without consumer consent for evergreening portfolios - https://hasgeek.com/cashlessconsumer/digital-lending-watchtower/sub/citizens-report-on-bfil-consent-scam-QkfbjzoFFYgXEAibzMWfAJ
Citizens' Report on BFIL Consent Scam – DigitalLending WatchTower - Citizen report on BFIL Consent Scam

# Citizens' Report on BFIL Consent Scam

#WorldConsumerRightsDay #FairDigitalFinance #HallOfShame - @dhanicares for having 0 checks on KYC and dumping loans on random people
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RT @adityakalra
Shocking revelation in my credit report. A loan disbursed by IVL Finance (Indiabulls) @dhanicares with my PAN number & name, addresses in Uttar Pradesh and Bihar. I have no clue. How can a disbursal happen on my name and PAN. In default already @RBI @IncomeTaxIndia @nsitharaman
https://twitter.com/adityakalra/status/1492897511052242946
Aditya Kalra on Twitter

“Shocking revelation in my credit report. A loan disbursed by IVL Finance (Indiabulls) @dhanicares with my PAN number & name, addresses in Uttar Pradesh and Bihar. I have no clue. How can a disbursal happen on my name and PAN. In default already @RBI @IncomeTaxIndia @nsitharaman”

Twitter