Lendingpot Maximum Loaner Safety And Borrower Privacy Data

Head of Lendingpot Business Benjamin Lam (photo: Rana/VOI)

JAKARTA Lendingpot, a business loan platform, realizes that the online lending practice in Indonesia is increasing. However, not all are safe to use because some do not have a permit.

Head of Lendingpot Business Benjamin Lam realizes that illegal online loans (pinjol) are booming in Indonesia. From data from the Financial Services Authority (OJK) in 2023, 3,903 parties have complained about fraud.

Seeing this, Benjamin wants to educate the public so that they are not easily consumed by outstanding loan advertisements. It should be understood that not all financial technology (FinTech) has a license from the OJK and the Ministry of Finance.

This problem also continues to be considered by Lendingpot. As an intermediary between borrower and lender or lender, Lendingpot is trying to ensure that all lenders on its platform are safe and have permission.

Lendingpot has three filtering systems before receiving the lenders. First, all lenders must already have permission from the OJK. Second, they must also have a precessive media so that its security is more valid.

The second is that we ensure that the lender has a media perception. This means that we not only access social media such as Facebook, but also Instagram," Benjamin said in an interview media on Monday, December 4.

In addition to maintaining its governers, Lendingpot is also trying to maintain data security from prospective borrowers using two stages of privacy data. They will ensure that the borrower data can only be accessed by staff for loan purposes.

In addition, data that prospective borrowers submit will be securely maintained because Lendingpot uses encryption servers on Amazon Web Services (AWS). They believe that cyber crime problems are difficult to happen.

All our data is stored on an encrypted server. Server used in the US. So if hackers want to hack any information, they have to hack Amazon's website service and it will be quite challenging," Benjamin told VOI.

Although Benjamin said that this server was outside America, Lendingpot could not explain the exact location to maintain security. However, Benjamin stated that this data storage server was able to cover all over Asia.