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The problem with Truecaller

Finshots Daily

00:00

True Caller Is a Swedish Company

true caller has access to your phone book, but it also has access to SMS inbox. Inside the inbox, you may have messages related to bank transactions. A former employee said they confirmed that the company's algorithm can read the content of text messages with a special feature called SMS categorizer. This ability could allow the app to send loan offers to people when their bank balance goes below a certain limit.

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