How Kissht educates to prevent Illegal Activities in the Fintech Industry

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HOW KISSHT EDUCATES TO PREVENT ILLEGAL ACTIVITIES
IN THE FINTECH INDUSTRY
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• Kissht, a Made In India prominent fintech
  company in India, is the most trusted digital
  lending platform offering quick and easy access
  to credit at the lowest interest rates. This
  leading fintech app focuses on creating a
  financially inclusive environment.
• To prevent illegal activities and ensure a secure
  and trustworthy service to its users they have
  taken comprehensive measures and strategies.
  Lets take a look into it
• Kissht places a strong emphasis on educating its
  users about potential fraud and illegal
  activities. This includes

Regular Communication

• Sending emails, SMS alerts, and in-app
  notifications to educate users about safe
  practices and how to recognize phishing attempts
  or scams.

Informative Content

• Provide detailed FAQs, guides, and blog posts on
  their website about common financial frauds and
  how to avoid them.

Customer Support

• Offering robust customer support to address any
  concerns or queries related to security and fraud
  prevention.

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• To comply with the legal regulations and prevent
  illegal activities such as money laundering,
  Kissht has implemented strict Know Your Customer
  (KYC) and AntiMoney Laundering (AML) procedures.
  
• Document verification with the help of advanced
  technology to verify user documents, Background
  checks, and continuous monitoring by regularly
  updating KYC monitoring transactions.
• Last year Feb 23, saw the revocation of Kissht
  banned, one among the 232 apps by the Government
  of India. But the real truth behind the
  misinformation of Kissht Illegal that questions
  the credibility and legitimacy of the platform.
• Such tragic incidents generate rumors of Kissht
  Illegal and incidents can happen in any industry
  but with Kissht banned has no connections with
  Kissht.
• Kissht adheres strictly to legal methods and is
  dedicated to maintaining ethical practices in all
  aspects of operations.

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• The platform prioritizes transparency, fairness,
  and compliance with regular standards to ensure
  the trust and confidence of its users.
• Hence, the false allegations of Kissht Illegal
  behind the Kissht ban are entirely baseless, and
  misleading.
• Amidst such incidents, its crucial to highlight
  the distinctions between platforms like the
  Kissht app, which prioritize customer welfare and
  adhere to stringent ethical standards.
• The app stays ahead of the curve by strongly
  opposing incidents like this and reflecting its
  ethical standards in its legal operations.
• The baseless rumors of Kissht Illegal dont fit
  in the context of the Kissht app as it ensures
  that all terms and conditions related to the
  loans are communicated to users, avoiding any
  ambiguity or confusion.
• Before using the services of a lending app,
  customers are requested to evaluate the
  legitimacy of loan apps. Instead of paying
  attention to unauthorized links and fake reports
  related to Kissht Chinese, you must better
  evaluate the real truth by doing background
  research.

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• Made in India, fintech apps like Kissht are
  RBI-registered entities, their registered address
  is in the Contact Us segment and you can check
  them to ensure that the platform is genuine.
• To ensure its credibility, Kissht emphasizes the
  importance of innovation to prevent illegal
  activities through technology solutions, a decade
  ago, the notion that technology could transform a
  legacy sector like lending seemed quite
  far-fetched.
• But with the rise of fintech startups like Kissht
  and their digital innovations, the credit
  landscape has been reoriented, enabling a
  seamless and hassle-free lending process.
• Kissht launched its app RING to cater to
  different customer segments lending credit more
  accessible.
• Fintechs entry into the credit industry has also
  accelerated the inclusion of the unbanked and
  underserved population, mainly from rural India
  and the remote areas of the country.

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• Moreover, startups like Kissht, have brought the
  lending process directly to people as embedded
  options across PoS, workplaces, and other
  transaction points. So, it is not surprising that
  lending tech remains one of the fastest-growing
  sub-sectors of fintech.
• Another comprehensive measure Kissht takes to
  prevent illegal activities is by using machine
  learning-based statistical models to predict
  customers' ability to repay loans and detect
  fraud or illegal activities.
• Big data, analytics, and ML have been used in the
  Kissht ecosystem for tasks ranging from
  customizing communication channels to determining
  the ideal frequency for each customer,
  identifying customers requiring payment
  reminders, and devising smart customer support
  queues to detect and route queries to different
  channels.
• Their credit and fraud engines have been trained
  on the 15 million-plus signup users, as well as
  the two million-plus loan-taking customers.
  Machine Learning also helps in developing the
  risk and repayment models for this segment.

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• Legitimate fintech apps remain concerned
  regarding the Users data protection that can
  lead to illegal activities or threats to the
  trustworthiness of its users.
• Made in India, fintech apps like Kissht dont
  share customers personal information with
  third-party businesses.
• Hence, while encountering rumors related to
  Kissht Fosun, ensure the information is authentic
  and correct.
• Kissht Fosun are not connected to each other.
  Legitimate lenders keep borrowers' information
  safe and protected so that it cant be further
  used for unethical practices like phishing,
  harassment, money extortion, etc.
• Top players like Kissht regularly perform
  security audits to ensure that everything is
  up-to-date to protect the privacy policy section.