Globe, GCash shifting to OTP-free verification
MANILA, Philippines – Globe Telecom has completed its first phase of testing silent network authentication (SNA), a new verification technology that does not require the use of one-time passwords (OTP) or manual input.
Along with its fintech arm GCash, Globe said on Tuesday it was working to make digital transactions more secure and seamless for its users.
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The success of its initial testing demonstrated Globe’s capability to automatically verify the user’s identity without using OTPs or doing manual verification, the telecom company said.
For Globe subscribers, mobile numbers provided must match the active SIM in the current data session to use the security system.
This would provide an added layer of security, especially for Gcash users who rely on the e-wallet as a primary platform to transact, said GCash chief information and security officer Miguel Geronilla.
“Partnering with Globe on Silent Network Authentication helps us give our users an extra layer of protection, one that works quietly in the background so they can focus on what matters most,” Geronilla said.
Gcash currently relies on SMS-based OTPs when verifying transactions. This however, has become increasingly vulnerable to phishing, vishing and other scam attacks.
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Globe vice president and head of Globe Business KD Dizon said this milestone with Gcash demonstrated the telecom firm’s commitment to innovating solutions to issues commonly encountered by users on a digital platform.
The new technology is part of the telco company’s efforts to broaden its antifraud portfolio.
Earlier this month, Globe and Bank of the Philippine Islands, through G Verify, completed the technical validation of SNA. This enabled BPI’s test application to interface directly with Globe’s network.
In November, Globe’s competitor, PLDT Inc. launched a new technology to replace scam-prone OTPs. INQ
