<html><head><meta http-equiv="Content-Type" content="text/html charset=utf-8"></head><body style="word-wrap: break-word; -webkit-nbsp-mode: space; -webkit-line-break: after-white-space;" class=""><font face="Times" class="">The contracts are made in such a manner that even users repay the loans and quit, their data will still be retained and be monitized:</font><div class=""><font face="Times" class=""><br class=""></font></div><blockquote style="margin: 0 0 0 40px; border: none; padding: 0px;" class=""><div class=""><div class="page" title="Page 33"><div class="layoutArea"><div class="column"><p class=""><span style="font-size: 11px;" class=""><font face="Times" class="">A significant issue with the fintech companies in Kenya, is that they keep access to the
data. They keep the data—and, in some cases analyse it, even if the user has stopped
being a customer of theirs, and has deleted their app. Branch is explicit that it keeps
the data even after a user uninstalls the app, and admits it is possibly doing further
analysis on it, “we have that right.”<span style="vertical-align: 4pt;" class="">147 </span>Tala encourages people, even if they have been
rejected for a loan, to keep the app; if they do delete it, Tala retains their data. This is
so that, if the customer returns later, they can reinstall the app, go through some simple
KYC checks, and be able to borrow again<span style="vertical-align: 4pt;" class="">148</span>. M-Kopa, on the other hand, continues to
collect data from the device even after the loan has been repaid<span style="vertical-align: 4pt;" class="">149</span>.</font></span></p></div></div></div></div></blockquote><div class="">
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<div class="column"><div class=""><font face="Times" class=""><br class=""></font></div><p class=""><span style="font-size: 11pt;" class=""><font face="Times" class=""> -Moses</font></span></p>
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</div><div><blockquote type="cite" class=""><div class="">On 30 Nov 2017, at 07:44, Admin CampusCiti <<a href="mailto:info@campusciti.com" class="">info@campusciti.com</a>> wrote:</div><br class="Apple-interchange-newline"><div class=""><meta http-equiv="content-type" content="text/html; charset=utf-8" class=""><div dir="auto" class="">Moses<div class=""><br class=""></div><div class="">Thanks for sharing. <br class=""><div class=""><br class=""></div><div class="">This is very interesting. As a player in the sector I will be reading this report keenly. There’s is room for a player to come into this sector and leverage in the need for privacy without hampering the business model.</div><div class=""><br class=""></div><div class="">Regards <br class=""><br class=""><div class=""><div class=""><span style="-webkit-tap-highlight-color: rgba(26, 26, 26, 0.294118); -webkit-composition-fill-color: rgba(175, 192, 227, 0.231373);" class=""><b class="">Ali Hussein</b></span></div><div class=""><b style="background-color: rgba(255, 255, 255, 0);" class="">Hussein & Associates</b></div><div style="font-family: Helvetica; font-size: inherit;" class="">+254 0713 601113 </div><div style="font-family: Helvetica; font-size: inherit;" class=""><br class=""></div><div class=""><div style="margin: 0in 0in 0pt;" class=""><span style="background-color: rgba(255, 255, 255, 0);" class="">Twitter: @AliHKassim</span></div><span style="background-color: rgba(255, 255, 255, 0);" class=""><font class=""></font></span><div style="margin: 0in 0in 0pt;" class=""><span style="background-color: rgba(255, 255, 255, 0);" class="">Skype: abu-jomo</span></div><div style="margin: 0in 0in 0pt;" class=""><span style="background-color: rgba(255, 255, 255, 0);" class="">LinkedIn: <a href="http://ke.linkedin.com/in/alihkassim" target="_blank" class="">http://ke.linkedin.com/in/alihkassim</a><a href="http://ke.linkedin.com/in/alihkassim" target="_blank" class=""><span style="text-decoration: none;" class=""></span></a></span></div><span style="background-color: rgba(255, 255, 255, 0);" class=""><font class=""></font></span><p style="margin: 0in 0in 0pt;" class=""></p><font class=""><span style="background-color: rgba(255, 255, 255, 0);" class="">Blog: <a href="http://www.alyhussein.com/" target="_blank" class="">www.alyhussein.com</a></span><br class=""></font></div><div class=""><span style="-webkit-tap-highlight-color: rgba(26, 26, 26, 0.292969); -webkit-composition-fill-color: rgba(175, 192, 227, 0.230469); -webkit-composition-frame-color: rgba(77, 128, 180, 0.230469); " class=""><br class=""></span></div><div class="">"Discovery consists in seeing what everyone else has seen and thinking what no one else has thought". ~ Albert Szent-Györgyi</div><div class=""><span style="-webkit-tap-highlight-color: rgba(26, 26, 26, 0.294118); -webkit-composition-fill-color: rgba(175, 192, 227, 0.231373);" class=""><br class=""></span></div>Sent from my iPad</div><div class=""><br class="">On 30 Nov 2017, at 3:17 PM, Mose Karanja via kictanet <<a href="mailto:kictanet@lists.kictanet.or.ke" class="">kictanet@lists.kictanet.or.ke</a>> wrote:<br class=""><br class=""></div><blockquote type="cite" class=""><div class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><p style="margin: 0px 0px 1px; line-height: normal; font-family: Times;" class=""><span style="-webkit-font-kerning: none;" class="">Privacy International has published a very important report on fintech and data privacy mainly focusing on Kenya and India. </span></p><p style="margin: 0px 0px 1px; line-height: normal; font-family: Times; min-height: 14px;" class=""><span style="font-kerning: none" class=""><b class=""></b></span><br class=""></p><p style="margin: 0px 0px 1px; line-height: normal; font-family: Times;" class=""><span style="-webkit-font-kerning: none;" class=""><i class="">Fintech: Privacy and Identity in the New Data-intensive Financial Sector</i> shows how everyday habits and data points are used by fintech companies to create profiles and social classes of who can get loan facilities. The amount of surveillance individuals are subjected to for the sake of ‘qualifying’ for a loan is dehumanizing, to say the least. The report features Tala, branch and M-Kopa operations to illustrate the tradeoffs Kenyans are making between Privacy and credit access. </span></p><div class=""><br class=""></div><div style="margin: 0px 0px 0px 21.2px; text-indent: -2.6px; line-height: normal; font-family: Times;" class=""><span style="-webkit-font-kerning: none;" class=""><b class="">“As the examples in this chapter show, this [calls and text] is amongst the key data sources used for alternative credit scoring in Kenya. This data is being used by lenders like Tala and Branch, without the protections that might be expected for this data. </b></span><b style="text-indent: -2.6px;" class="">There are also other concerns: the scope of what falls within the concept of financial identity. More and more aspects of people’s lives are falling within the scope of what that is; more is being observed, analysed, and affecting an individual’s financial standing. Along with that increase in scope comes an increase in power, of fintech companies themselves as well as the financial sector more generally.” (pg 32/33)</b></div><p style="margin: 0px 0px 12px; line-height: normal; font-family: Times; min-height: 14px;" class=""><span style="font-kerning: none" class=""></span><br class=""></p><p style="margin: 0px 0px 12px; line-height: normal; font-family: Times;" class=""><span style="-webkit-font-kerning: none;" class="">Full report: <a href="https://www.documentcloud.org/documents/4312273-Fintech-Report-Nov-2017.html" class="">https://www.documentcloud.org/documents/4312273-Fintech-Report-Nov-2017.html</a></span></p><div class=""><br class=""></div><div class="">-Moses</div></div></blockquote><blockquote type="cite" class=""><div class=""><span class="">_______________________________________________</span><br class=""><span class="">kictanet mailing list</span><br class=""><span class=""><a href="mailto:kictanet@lists.kictanet.or.ke" class="">kictanet@lists.kictanet.or.ke</a></span><br class=""><span class=""><a href="https://lists.kictanet.or.ke/mailman/listinfo/kictanet" class="">https://lists.kictanet.or.ke/mailman/listinfo/kictanet</a></span><br class=""><span class="">Twitter: <a href="http://twitter.com/kictanet" class="">http://twitter.com/kictanet</a></span><br class=""><span class="">Facebook: <a href="https://www.facebook.com/KICTANet/" class="">https://www.facebook.com/KICTANet/</a></span><br class=""><span class=""></span><br class=""><span class="">Unsubscribe or change your options at <a href="https://lists.kictanet.or.ke/mailman/options/kictanet/info%40campusciti.com" class="">https://lists.kictanet.or.ke/mailman/options/kictanet/info%40campusciti.com</a></span><br class=""><span class=""></span><br class=""><span class="">The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.</span><br class=""><span class=""></span><br class=""><span class="">KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.</span><br class=""></div></blockquote></div></div></div></div></blockquote></div><br class=""></div></body></html>