Tag: device lock technology
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Device Lock Tech: Securing the Future of Mobile Financing for NBFCs
Device lock technology is a strategic enabler for NBFCs expanding device financing across emerging markets. With millions of new-to-credit users in Asia, Africa, and LATAM, NBFCs need an advanced phone security platform like Datacultr to leverage device locking coupled with other engagement offerings to protect financed assets, enforce repayment discipline, and streamline digital debt collection.…
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How Telcos and Fintechs in Kenya Are Enabling Smartphone Access with Device Locking Technology
Kenya’s mobile market is expanding quickly, with over 66 million mobile connections. Yet, for many, smartphones remain out of reach due to high upfront costs. Now, telcos and lenders are using device lock technology, restricting access to the phone when payments are missed, thereby making smartphone financing sustainable and secure, even in low-income, high-risk segments. …