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Secure online payments systems to help PHL in financial inclusion push
Business World Philippines
|August 19, 2025
IMPROVING cybersecurity for online payments systems with the help of artificial intelligence (AI) solutions can push financial inclusion in the Philippines, payments technology company Global Payments, Inc. said.
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The company expects AI to boost the Philippines’ online payments system within the next three to five years.
Krishnaraj Tantri, senior vice-president for South and Southeast Asia at Global Payments, said in an email interview that AI-powered tools can help improve cybersecurity, particularly fraud detection, in the financial system.
Alternative security tools like biometrics, tokens, or cryptograms can also be implemented in addition to AI to protect the integrity of online payments systems.
“To enhance payment security in the Philippines, we can adopt several innovative measures. AI technology significantly improves the accuracy of fraud detection, allowing for real-time monitoring and response to suspicious activities,” Mr. Tantri said.
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