PLDT Home is strengthening its online safety advocacy as more Filipinos rely on the internet for work, school, business, entertainment, communication, and daily transactions, making digital vigilance increasingly important in everyday life.
Globe and Bank of the Philippine Islands (BPI) have launched a Proof of Concept (POC) for Silent Network Authentication (SNA), a next-generation verification technology designed to reduce scams tied to one-time passwords (OTPs) and strengthen secure, seamless digital banking.
Trusting Social Philippines, a leader in AI-powered credit risk and identity technologies, has teamed up with Ecofinance, one of the country’s fastest-growing digital lending providers under the Honey Loan brand, in a major push to enhance the security and accessibility of financial services for millions of Filipinos.
The country secured a place on the global stage in the fight against scams and cyber fraud as Scam Watch Pilipinas unveiled the Philippine Anti-Scam Quad Model at the Global Anti-Scam Summit Asia in Singapore.
Globe and the Department of Information and Communications Technology (DICT) have signed a Memorandum of Understanding (MOU) to build a stronger, more coordinated framework against fraud, scams, and other ICT-enabled crimes.
The Department of Trade and Industry (DTI) has launched the “E-Commerce Philippine Trustmark,” a digital badge for legitimate online businesses, as part of its campaign to build trust and ensure safety in digital transactions.
The Philippines recorded the second-highest suspected digital fraud rate among countries surveyed in 2024, according to new insights from TransUnion’s global intelligence network.
A new analysis by TransUnion, a global credit reporting agency and information solutions provider, reveals that 15 percent of all attempted e-commerce transactions in the Philippines on Black Friday, Nov. 29, 2024, were flagged as potentially fraudulent.
TransUnion’s latest State of Omnichannel Fraud Report, which showed that 70 percent of Filipinos have been targeted by fraud attempts, made this initiative a timely and critical step in addressing the growing threat of digital fraud in the Philippines.