Globe, BPI pilot next-gen authentication
Ayala-led firms Globe Telecom Inc. and Bank of the Philippine Islands (BPI) are developing a next-generation authentication system for more secure digital banking.
In a news release, Globe and BPI said they are pilot-testing a Proof of Concept (POC) for Silent Network Authentication (SNA) as part of the telco’s G Verify initiative.
G Verify is Globe’s portfolio of network-powered verification and anti-fraud solutions that leverages real-time network intelligence and secure Application Programming Interfaces (APIs).
The SNA method aims to reduce scams associated with One-Time Passwords (OTPs) and strengthen customer protection while improving the user experience.
The SNA serves as a groundbreaking innovation that authenticates users instantly without the need for codes or SMS verification.
“Security and simplicity should always go together,” said KD Dizon, vice president and head of Globe Business.
“Our collaboration with BPI allows us to validate Silent Network Authentication in real-world banking environments, giving Filipinos the confidence to transact safely,” she said.
“At BPI, protecting our clients is central to how we design digital experiences. We constantly seek to uphold the integrity of every customer transaction,” said BPI chief technology officer Alex Seminiano.
“Through this POC, we are testing an advanced authentication approach that fortifies security while staying completely frictionless. This shows our commitment to ensuring clients are at the center of what we do,” he added.
Globe and BPI said they have successfully completed the technical validation of SNA, enabling BPI’s test application to interface directly with Globe’s Network Exposure Platform (NEP).
The integration provides real-time, network-level authentication that confirms a user’s identity, ensuring that the person using the device is the real account owner, without sending a text message or requiring extra steps. — Ted Cordero/BM, GMA Integrated News