To safeguard Filipino online shoppers, FPG Insurance has created a tailor-made insurance product for a safer shopping experience. MyCyberProtect Mate covers identity theft, cyberbullying, and other applicable online fraud or scams. “We’re […]
Are digital banks in the Philippines ready to rise to the fraud challenge?
By Frederic Ho, Vice President of APAC, Jumio Corp. Six digital banking licenses have already been granted in the Philippines as part of the ongoing revolution in financial services. Digital banking is […]
1 in 3 people in SEA countries victim of online fraud — Vesta
The increased online activity, especially because of e-commerce, may also mean an increase in online fraud. The latest survey from Vesta, the end-to-end transaction guarantee platform for online purchases, saw that 1 […]
Suspected digital fraud from PH drops by 59.4% in Q2 2021
While the digital fraud rate rose to 16.5% across industries during the second quarter of 2021 globally, attempts originating from the Philippines decreased by 59.4%, according to the quarterly analysis of consumer […]
Digital fraud attempts in financial industry increased by 149% — TransUnion
New research from TransUnion reveals that digital fraud attempts in the financial services industry increased by 149% globally in the first five months of 2021 compared with the last four months of […]
Study finds PH top country worldwide for suspected digital logistics fraud
According to TransUnion’s recent analysis of digital fraud, the percentage of suspected online fraud originating from the Philippines more than doubled compared to Jan. 1-March 10 and March 11-April 28, posting an […]
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