Smart Communications and PLDT Enterprise are tackling digital fraud by offering advanced authentication solutions like Silent Authentication and a GSMA-certified Open Gateway API. These solutions enable secure mobile transactions for financial institutions, e-commerce platforms, and enterprises, preventing phishing and identity theft.
“As cyber threats continue to evolve, businesses must stay ahead by integrating secure yet seamless authentication methods. Through Silent Authentication and Open Gateway APIs, we are creating a future where digital trust is built into every transaction, empowering businesses and consumers alike.”
John Gonzales, PLDT Enterprise First Vice President and Head of Enterprise Consulting Services and Technology Management
PLDT Enterprise: Safer Transactions in the Digital Age
The Philippines is a major e-shopping destination in Asia, with billions lost due to fraudulent online activities. Cybercriminals exploit gaps in authentication systems, especially in digital transactions. PLDT Enterprise and Smart have introduced Silent Authentication, a network-based verification solution that reduces phishing, identity fraud, and OTP interception. This enhances security and user experience, enabling faster and more secure digital interactions.
A Game-Changer for Banking, E-Commerce, and Small Businesses
As the only Philippine telco with a GSMA-certified Number Verification API with Silent Authentication, Smart, through PLDT Enterprise, is leading the charge in fraud prevention and identity security for businesses. The solution is already proving beneficial in three key sectors:
- Banking, Finance, and Insurance Services – By replacing OTPs with Silent Authentication, banks and digital wallets can protect users from fraud while ensuring smoother login and transaction experiences.
- E-Commerce and Retail – Mobile online platforms can leverage the technology to prevent unauthorized account access and fraudulent purchases, reducing chargebacks and enhancing buyer trust.
- Small and Regional Enterprises—Cybersecurity is no longer just for large corporations. PLDT Enterprise ensures that small businesses can access enterprise-grade security, allowing them to safely conduct financial transactions in the digital space.
Scaling Cybersecurity for the Future
PLDT Enterprise is enhancing cybersecurity and digital transformation in the Philippines by introducing GSMA Open Gateway-certified solutions, such as Silent Authentication and Open Gateway APIs, which not only secure transactions but also shape the future of digital security.
For more information on PLDT Enterprise’s cybersecurity solutions, visit the PLDT Enterprise website.
Source: Gadget Pilipinas
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