PLDT Enterprise has introduced a real-time authentication system to make digital transactions safer and simpler.
The system, which authenticates users directly and in real time through PLDT's mobile network, aims to eliminate scams stemming from one-time password (OTP) fraud.
SilentAccess is the flagship app of PLDT's soon-to-be-launched SmartSafe fraud management API suite, enabling frictionless logins and transactions without relying on SMS-based OTPs.
SilentAccess delivers certified authentication, working invisibly in the background.
According to Nico Alcoseba, head of product management at PLDT Enterprise, this solution addresses the increasing vulnerability of SMS-based OTPs to phishing, vishing, and man-in-the-middle attacks.
Author's summary: PLDT Enterprise introduces real-time authentication for safer transactions.