IFIS Japan Ltd.

Earlier in the year, Lendsqr implemented a strategic cloud services consolidation and migration that saved about 90% infrastructure cost on an annualized basis. It’s story when told sometimes sounds like magic and modern era impossibility. But it’s true as daylight. It started with a talk DHH gave that a lot of engineers passed around 2023. […]

As digital lending grows, so do concerns around how borrower data is collected, stored, and used. For many loan apps, navigating data privacy laws can feel complex, especially with evolving regulations across different markets. From consent and data sharing to security and compliance, lenders often face recurring questions about what is required and what best practice looks like. Addressing these concerns clearly is essential not just for regulatory compliance, but for building borrower trust in an increasingly data-driven lending environment.

A borrower’s right to data privacy is not negotiable. Nothing gets your heart racing several miles per minute like the chance that you may not recover your loans, but that fear can never justify invading a borrower’s privacy. Responsible lending means collecting only the data you truly need and nothing more. Borrowers privacy is a fundamental right, and it must never be compromised.