PLDT unit secures authentication for digital platforms

MANILA, Philippines — PLDT Inc.’s enterprise arm is preparing to roll out a network-based authentication system as banks and digital platforms move away from traditional one-time passwords (OTPs), which regulators have flagged as increasingly vulnerable to fraud. Nico Alcoseba, first vice president at PLDT Enterprise, said the company’s SmartSafe SilentAccess solution is gaining traction among