Tag: device lock
-
25 Million Smartphones Later: Why 2026 Belongs to All Kinds of Devices on Financing
For years, banks and lenders have played a central role in financial inclusion, and that does not change. In fact, the next wave of inclusion will depend on them even more, as consumer needs evolve beyond traditional credit into everyday essential devices. What has become clear through the last few years is this: Smartphone financing works…
-
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.…
-
RBI’s Expected Guidelines Validate Datacultr’s Consent-Driven Digital-First Approach
Multiple credible reports indicate the Reserve Bank of India (RBI) is considering a proposal that could allow lenders to remotely lock borrowers’ phones in cases of small ticket loan default on the device. Importantly, this would be done with adequate customer safeguards: borrower consent, transparent communication, and strong data protection measures. At Datacultr, we’ve worked…
-
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. …