By Corbin Davenport for Android Police
Google Play Protect is just about two years old, as it was introduced at I/O 2017. The tool scans all applications installed on your phone for identified malware – whether they are from the Play Store or from a sideloaded APK. At Google I/O 2019, it was revealed that Play Protect now scans 50-billion applications each day.
The number was announced as part of the focus on privacy and security during today’s keynote presentations. Play Protect has seen a number of improvements since it was introduced, like a new interface added earlier this year, though it mostly remains a silent and unobtrusive component to most people.
Consumers, many of whom are vulnerable in an environment of rising retrenchments and weak economic growth, are trying to pay down debt.
Consumers adopted a cautious stance to credit applications in the first quarter of 2017, figures from the National Credit Regulator show.
At end-March, credit applications decreased by 998,000 to 9.53-million, representing a quarter-on-quarter decline of 9.5%, the regulator said. Consumers, many of whom are vulnerable in an environment of rising retrenchments and weak economic growth, are trying to pay down debt.
Head of Absa home loans Carel Grönum said last week household debt to disposable income, at 73%, was at its lowest level since the global financial crisis. Credit bureau Compuscan recorded a 13% year-on-year increase in the number of accounts that were more than three months in arrears in the first quarter, suggesting consumers cannot afford to take on more debt.
The total value of new credit granted in the first quarter fell 5.6% from the fourth quarter of 2016 to R116.5bn, representing a 7.5% year-on-year increase, the regulator said. The largest increase was recorded in the developmental credit category, which nearly doubled to R5bn. The value of mortgages granted and of other secured and unsecured credit agreements, fell.
Credit facilities such as credit cards and overdrafts increased moderately, while short-term credit granted also declined.
By Hanna Ziady for Business Day