BeQuiet Jubiläum Banner 970x90
Breaking News

Xbox & Bethesda Developer_Direct Showcases Games Coming to Xbox, PC and Game Pass Samsung announces Odyssey Neo G7 43″ First Mini-LED Flat Gaming Monitor SK hynix Develops World’s Fastest Mobile DRAM LPDDR5T MSI Kicks Off New Partnership with Mercedes-AMG Team Craft-Bamboo Racing Pioneer Japan releases new BDR-WX01DM external BD/DVD/CD writer for JIS X6257 standard and 100-year lifespan BD-R disc

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Google Suspends Paid Chrome Extensions; Short-Term Payday Lending Apps Still Available on Google Play

Google Suspends Paid Chrome Extensions; Short-Term Payday Lending Apps Still Available on Google Play

Enterprise & IT Jan 26,2020 0

Google has suspended the publishing and updating of paid for extensions in the Chrome Web Store. Separately, the company seems to have not not managed to stop Android apps that offer short-term loans, as it announced last August.

Paid extensions

Google announced that all commercial, paid for, extensions have been temporarily suspended from being published or updated in the Chrome Web Store. A "significant increase in the number of fraudulent transactions involving paid Chrome extensions that aim to exploit users" has been cited as the reason.

When it comes to Chrome extensions, Google hasn't always enjoyed the best reputation for addressing security and privacy issues. Back in May 2019, Google announced new policies for Project Strobe to strengthen the third-party extension auditing process.

Now, Google decided to suspend all "paid items" from the Chrome Web Store to protect users from fraudulent transactions. Google Chrome extensions developer advocate Simeon Vincent confirmed that an upturn in such extension-driven transaction fraud occurred earlier this month. "Due to the scale of this abuse, we have temporarily disabled publishing paid items," Vincent wrote, adding that the temporary measure was being imposed to "stem this influx as we look for long-term solutions to address the broader pattern of abuse."

For users, the suspension means that any Chrome extension that is offered on a commercial basis will no longer be updated while the ban is in place. New commercial extensions will not be allowed to publish to the Chrome Web Store.

Currently, it is unclear as to how long this temporary ban will last.

Banning short-term payday lending apps

Google announced last August a global crackdown on Android apps that offer short-term loans, saying it wanted to protect consumers from what it called “deceptive and exploitative” terms.

The search giant also gave lenders one month to comply. In the U.S., it also set a maximum annual interest rate of 36%.

However, payday-style applications offering fast money are still available in many countries on Google Play, the company’s marketplace for Android apps.

Lending apps are particularly popular in developing nations such as Nigeria, India and Kenya, where millions of people don’t have bank accounts or credit cards but do have mobile phones.

Despite the ban on loans that have to be repaid in fewer than 61 days, many apps available through the Google Play store are offering shorter terms to Kenyans.

Dan Jackson, a Google spokesman said: “When violations are found, we take action,” he said in a statement. He wouldn’t say how many such actions have been taken.

Branch International Ltd., a San Francisco-based startup that’s a major Kenyan lender, said it was told it could comply by offering both a longer-term option and a shorter-term one for each loan. California-based lender with a large Kenyan business, Tala, has a similar policy that it says complies with Google’s rules.

Other financial technology companies appear to have dealt with the new policy by adding language to their Google Play descriptions stating that they offer loans two months or longer.

Tags: GoogleChrome browserGoogle playCybersecurity
Previous Post
Motorola Says Bumps and Lumps are "Normal" on New Razr Folding Screen
Next Post
Facebook Said to be Working On ‘FaceID’ Feature For Messenger

Related Posts

  • New Chrome features to save battery and make browsing smoother

  • New features for businesses in Android 13

  • Lucky number Android 13: The latest features and updates

  • AMD Selects Google Cloud to Provide Additional Scale for Chip Design Workloads

  • Apple, Google, and Microsoft commit to expanded support for FIDO standard

  • Celebrating update 100 with new Chromebook features

  • More personal, more powerful: Meet Pixel 6 and Pixel 6 Pro

  • Google Tensor debuts on the new Pixel 6 this fall

BeQuiet Jubiläum Banner 300x600

 

Latest News

Xbox & Bethesda Developer_Direct Showcases Games Coming to Xbox, PC and Game Pass
Gaming

Xbox & Bethesda Developer_Direct Showcases Games Coming to Xbox, PC and Game Pass

Samsung announces Odyssey Neo G7 43″ First Mini-LED Flat Gaming Monitor
Gaming

Samsung announces Odyssey Neo G7 43″ First Mini-LED Flat Gaming Monitor

SK hynix Develops World’s Fastest Mobile DRAM LPDDR5T
Enterprise & IT

SK hynix Develops World’s Fastest Mobile DRAM LPDDR5T

MSI Kicks Off New Partnership with Mercedes-AMG Team Craft-Bamboo Racing
Gaming

MSI Kicks Off New Partnership with Mercedes-AMG Team Craft-Bamboo Racing

Pioneer Japan releases new BDR-WX01DM external BD/DVD/CD writer for JIS X6257 standard and 100-year lifespan BD-R disc
Optical Storage

Pioneer Japan releases new BDR-WX01DM external BD/DVD/CD writer for JIS X6257 standard and 100-year lifespan BD-R disc

Popular Reviews

Withings Thermo Wi-Fi-connected temporal thermometer

Withings Thermo Wi-Fi-connected temporal thermometer

EnGenius ECW230 Access Point

EnGenius ECW230 Access Point

Withings Body Plus Scale

Withings Body Plus Scale

Withings Sleep Analyzer

Withings Sleep Analyzer

Noctua NH-D12L CPU Cooler

Noctua NH-D12L CPU Cooler

EnGenius ECW230S AP

EnGenius ECW230S AP

Scythe Fuma 2 CPU Cooler

Scythe Fuma 2 CPU Cooler

be quiet! Pure Rock 2 FX

be quiet! Pure Rock 2 FX

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed