GLOBE TELECOM, INC. and its electronic wallet platform GCash have completed the initial tests for the implementation of the silent authentication system.
鈥淪ecurity and accessibility must go hand in hand. This milestone is about building trust for the financially included… By working with GCash, we鈥檙e showing how network level innovation can directly improve safety and convenience for millions of Filipinos who rely on digital platforms every day,鈥 Globe Vice-President Stella Christine 鈥淜D鈥 D. Dizon said in a media release.
A silent authentication system allows the verification of users through a secured network. This technology replaces the need for one-time passwords (OTPs).
鈥淭he successful testing reinforces the integrity and capability of Globe鈥檚 network to automatically verify the user鈥檚 identity,鈥 Globe said.
Earlier this month, Globe and Bank of the Philippine Islands (BPI) announced that they are developing a proof of concept for silent network authentication to combat fraud.
This technology verifies a user鈥檚 identity by checking if the mobile number provided matches the SIM card active in the current data session, Globe said, describing it as a powerful layer of defense against phishing and other SIM-based fraud.
鈥淔or GCash users who rely on the app as their primary way to pay, send money, or manage finances, this means stronger protection and a smoother, worry-free experience every time they log in or make a transaction,鈥 Globe said.
At the local bourse on Tuesday, shares in Globe closed P1, or 0.06% higher, at P1,574 apiece. 鈥 Ashley Erika O. Jose
