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Google swings into action to curb loan app scams in Pakistan

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In its bid to safeguard users in Pakistan against fraudulent and unregistered loan apps, Google has formulated a new screening policy for personal loan applications.

Effective from May 31, the policy mandates that only a single Digital Lending App (DLA) can be published by Non-Banking Finance Companies (NBFC). If developers found attempting to publish multiple DLAs will have their accounts and any associated accounts terminated.

This move by Google follows recent actions taken by the Federal Investigation Agency (FIA) against illegal finance companies involved in short-term online lending. The initiative was prompted by the tragic suicide of an unemployed man in Rawalpindi, who was unable to repay a loan.

Developers with personal loan apps targeting users in Pakistan must complete the Personal Loan App Declaration form and submit the necessary documentation before publishing their app.

They must submit proof of approval from the Securities and Exchange Commission of Pakistan (SECP) to offer or facilitate digital lending services in Pakistan.

Google Play will also request additional information or documents relating to loan app compliance with the applicable regulatory and licensing requirements.

Personal loan apps operating in Pakistan without proper declaration and license attribution will be removed from the Play Store. The developers must remove the app from the Google Play Store immediately if the submitted license, registration, or declaration is no longer valid under the applicable laws.

“Google is taking preventative measures by setting stringent requirements for Digital Lending Apps in order to reduce financial risk and ensure data privacy. We strongly believe that the new requirements imposed on developers of personal loan apps will provide an extra layer of protection for the users,” said Farhan S Qureshi, Google’s Pakistan director.

Under the new set of rules, a DLA is prohibited from accessing sensitive data, such as external storage, media images, contacts and fine location. Whereas apps offering short-term personal loans, requiring repayment in full within 60 days from the loan issue date, are not allowed.

Pakistan is one of a small group of countries where Google has implemented additional requirements for DLAs. The new policy update is a significant step towards safeguarding consumers from harmful financial practices and ensuring data privacy.

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Cybersecurity firm reports exposure of sensitive DeepSeek data on the internet.

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The New York-based cybersecurity firm Wiz has discovered a cache of sensitive data from the Chinese artificial intelligence business DeepSeek that was mistakenly exposed to the public internet.

In a blog post released on Wednesday, Wiz reported that examinations of DeepSeek’s infrastructure revealed that the company had inadvertently exposed over a million lines of unencrypted data. The materials were digital software keys and chat logs that seemingly documented prompts transmitted from consumers to the company’s complimentary AI assistant.

The chief technical officer of Wiz stated that DeepSeek promptly safeguarded the data following the notice from his organisation.

“It was removed in under an hour,” stated Ami Luttwak. “However, this was exceedingly easy to locate, leading us to believe we are not the sole discoverers.”

DeepSeek did not promptly respond to a request for comment.

DeepSeek’s rapid success after the introduction of its AI helper has exhilarated China and incited concern in America. The Chinese company’s evident capacity to rival OpenAI’s skills at a significantly reduced cost has raised concerns regarding the viability of the business models and profit margins of U.S. AI behemoths like Nvidia and Microsoft.

By Monday, it surpassed the U.S. competitor ChatGPT in downloads from Apple’s App Store, prompting a worldwide decline in technology stocks.

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WhatsApp launches bulk channel management functionality

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WhatsApp has initiated testing of a bulk channel administration feature on iOS for select beta users, enabling the simultaneous selection of many channels, hence enhancing the efficiency of managing following channels.

This essential update enables users to perform bulk activities, including muting many channels simultaneously, designating them as read, and altering notifications. If the chosen channels are muted, users will now have the option to activate notifications. Users can swiftly silence unmuted channels in one action.

Additionally, this feature enables users to unfollow many channels simultaneously, thereby optimizing the process of decluttering their channel list. This change is particularly beneficial for users that oversee numerous subscriptions, as reported by WABetaInfo.

Previously, users were required to manage each channel individually, rendering tasks such as muting or designating channels as read laborious and time-consuming.

The functionality provides enhanced flexibility and control over channel subscriptions, enabling users to efficiently manage notifications. The solution streamlines laborious operations for consumers who subscribe to numerous channels, hence enhancing their entire experience.

Accessibility
The bulk management feature is presently accessible exclusively to a limited number of beta testers who installed the latest WhatsApp beta for iOS using the TestFlight application. WhatsApp, owned by Meta, plans to expand the feature’s availability to a larger user base in the next weeks.

This update demonstrates WhatsApp’s dedication to enhancing user experience by offering a clear and efficient method for managing channels and notifications.

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Pakistani internet slowdown: ongoing submarine cable issue

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Even after two weeks, the global submarine cable AAA-1 problem that was discovered on January 2 near Qatar has not been fixed, causing sluggish internet connection in several Pakistani towns.

According to a representative for Pakistan Telecommunication Company Limited (PTCL), the issue has affected customers’ capacity to effectively access social media applications and browse the online. Even with initiatives to fix the problem, social networking sites still lag during busy times.

Internet traffic has been redirected via alternate channels to lessen the impact, and more capacity has been set up to stabilize the service.

The PTCL representative promised that “Internet service across the country is operating normally, and there will be no issues with web browsing,” noting that social media applications’ lag is common during

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