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October 03, 2023

GCash chief risk officer emphasizes collaboration and continuous learning to combat cyber fraud

Bankero and GCash chief risk officer (CRO), Ingrid Beroña, emphasized collaboration, constant monitoring, and continuous learning as essential strategies for financial institutions to combat cyber fraud during the recent Seamless Asia Summit in Singapore.

Alongside top experts in Southeast Asia, GCash discussed ways to safeguard payments from digital fraud, while also highlighting the significance of inclusive financial services with secure transactions.

Beroña highlighted the importance of staying ahead of fraudsters by constantly monitoring new fraud schemes and vulnerabilities, working closely with law enforcement to understand cybercriminal operations, and using collaborative investigations to educate consumers.

The bankero highlighted the e-wallet’s world-class security feature, DoubleSafe, which utilizes face ID technology to enhance account security, which has been fully rolled out.

The CRO also emphasized that the company maintains close coordination with law enforcement agencies to intensify efforts against scammers and fraudsters.


PNB recognized during SSS’s 66th anniversary celebration

The Social Security System (SSS) has bestowed two prestigious awards upon Philippine National Bank (PNB), designating them as the “Best Collection Partner” for the Overseas Bank category and the “Best Disbursement Partner” for the Universal Bank category during the “Balikat ng Bayan” Awards (BBA) 2023 ceremony held at the SSS Main Office in Quezon City on September 8.

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