Globe sees 85% decline in scam, spam SMS, credits strong partnership with banks against fraud

The number of blocked spam and scam text messages related to banks declined by over 85% based on data covering the first three quarters of 2023, reflecting gains of Globe’s vigorous partnerships with the country’s major banks and financial institutions. 

From January to September, Globe’s proactive blocking efforts fended off over 7 million bank-related spam and scam SMS, crashing from a high of 49.3 million in the same period in 2022.

This follows anti-fraud pacts with the Bankers Association of the Philippines, covering 45 major banks, and with individual players in the finance sector, which enable vigorous and timely data and intelligence-sharing to align and enhance efforts to prevent and investigate fraud.