Security

FICO Survey Indicates Growing Awareness of Identity Theft Among Filipinos

FICO, a global analytics software firm, did a recent survey on identity proofing and digital banking which showed that identity theft is a tangible threat for people in the Philippines. This survey was conducted in January 2021 by an independent

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Fintech Alliance.ph Urges the Public to Be on High Alert Due to Rising Cybercrimes

Members of Fintech Alliance.ph issued a joint statement strongly urging the public, industry stakeholders, and the government to join hands in fighting against fraudulent and criminal financial transactions online. With the COVID-19 pandemic accelerating the digital shift in financial transactions

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Cashalo Claims Users’ Accounts Not Compromised Despite Data Breach

Online lending platform Cashalo announced that it had discovered a potential data breach but reassured its users that no customer accounts or passwords were compromised. The company said that on 18 February 2021, its cybersecurity team discovered a potential data

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FICO Survey Reveals Banks in Philippines Struggling With Digital Identity Authentication

FICO, a global analytics software firm, has released its Identity in Digital Banking Survey, which found that the complexity and cost of validating the identity of digital banking customers are the top pain points for banks in the Philippines. Almost

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