Peso Forward provides a safe venue of transaction by way of safe remittance management, privacy protection, anti-money laundering and anti-fraud measures.
Peso Forward employs a variety of measures to create a safe environment for remittances. In order to protect our users' interests, we have adopted cutting-edge security technology and anti-fraud solutions. Our IT department is constantly on the alert to avoid any breach of security or fraud related issues.
Safe Remittance Management
We guarantee that all remittances using Peso Forward are fully managed in our custodian banks and are strictly segregated from our company's capital. Based on firm partnerships with major banks worldwide, we put each bank's advantages to maximum use to ensure secure remittance services.
Advanced Technology Securing Private Information
Our Peso Forward system adopts industrial standard encryption SSL technology and a cutting-edge firewall system to effectively prevent unauthorized access and fully safeguard client’s information from identity theft. Peso Forward Services is fully aware of the importance of transaction data. Only specialized authorized personnel within Peso Forward, inc. have access to the clients' private information.
Multi-Layer Approaches Preventing Fraud and Deceit
In order to tightly secure the interests of our users, we conduct systematic security and anti-fraud measures on a daily basis. We employ Multi-Layer Security Strategies, including device fingerprinting, IP address access monitoring, velocity controls, and accounts and transactions monitoring, to effectively ensure the security and efficiency of regular remittances and use of our services.
Anti-Phishing Strategy Based on VeriSign EV SSL
Based on globally accepted guideline standards, the EV SSL Certificate is continuously being approved and issued after rigorous inspection of website ownership as well as physical business entity. Peso Forward has acquired the EV SSL Certificate from Verisign, the industry leader in this field, to ensure strongly encrypted communication and prevent phishing attacks.
When users log into the Peso Forward system, the URL column will turn green to show that the client's use of Peso Forward is under the protection of EV SSL with 256 bit encryption.
Prevention of unauthorized access through international standard server
We use reliable servers that meet the security standards of the international credit card industry to prevent unauthorized access. All server data is stored in a data center with international security standards and is closely monitored 24/7 throughout the year.
ISACA authorized holder: CISA
We take safeguard measures to guarantee the security of our internal and external information based on professional auditors with CISA. CISA is the certificate awarded by ISACA, an international professional association with a galaxy of ICT experts in information system, information security, IT governance, risk management and auditing control and security inspection of information systems. ISACA's certified auditor (CISA) plays an essential role in most financial institutions in the United States and other countries all over the world.
Strict User Authentication Procedures (Customer Due Diligence)
As a financial institution with operators licensed by the Bangko Sentral ng Pilipinas, we conduct standard and strict procedures based on Customer Due Diligence to authenticate each Peso Forward user. For each new application, the client's government-issued photo ID and proof of address are required. These documents are closely examined before proceeding with the application process. The Customer Due Diligence Procedure in the Philippines will cover the scopes covered by Bangko Sentral ng Pilipinas. This will not only effectively prevent fraud and other illegitimate purposes, but also guarantees a secure transaction environment for each Peso Forward user.