#Financial Fraud

Globe has made a significant achievement in fighting financial scams. 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. 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. This progress underscores the impact of our joint initiatives in safeguarding consumers against financial fraud. Even though there aren't official rules in place like in Singapore to fight fraud, Globe is still investing a lot in keeping people safe. 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".