#Bank Partnerships

They managed to reduce the number of scam text messages related to banks by a whopping 85%. This is based on data from the first nine months of 2023 and it's all thanks to strong partnerships with big banks and financial companies in the Philippines. From January to September in 2023, Globe blocked over 7 million scam and spam text messages that were pretending to be from banks. Their success is due to working closely with the Bankers Association of the Philippines and other important players in the finance industry. These partnerships allowed them to share information quickly and better prevent fraud. Anton Bonifacio, the person in charge of keeping Globe's information safe, said that working with banks and financial institutions has been really effective. He explained, Our partnerships with various banks and financial institutions, aimed at enhancing fraud detection and prevention have been highly effective, as evidenced by the steep decline in blocked spam and scam SMS related to banks. Bonifacio also said, "Despite current limitations, we are doing our best to protect our customers,leveraging the latest technology and partnerships with other stakeholders to combat fraud. Read more in our articles including "Globe Cuts Scam SMS by 85% Through Bank Partnerships" and "Globe AT HOME offers free upgrades to 1Gbps and Wifi 6 routers to loyal postpaid subscribers".