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May 30, 2024

Lender mobile app can locate scammers

UnionBank of the Philippines, Inc. has partnered with Globe Telecom, Inc. in strengthening its defenses against online scammers.

The bank has collaborated with the telco giant in identifying fraudulent customers who hide behind unregistered prepaid mobile numbers.

“We could warn our customers about these potential scammers,” UnionBank Chief Information Security Officer Jose Paulo G. Rufo said.

The bankero added the arrangement would also boost the lender’s ability to check usage patterns and locate scammers through their mobile activities.