Maya Tops NPC Privacy Awareness Awards – Manila Bulletin
To create a safer ecosystem for consumers and businesses, the country’s only all-in-one currency platform, Maya, was honored at the 2022 Privacy Awareness Week Awards hosted by the National Privacy Commission (NPC).
Maya won the coveted Privacy Initiative of the Year for its #FraudPatrol campaign for its unique approach to creating a culture of privacy that combines consumer protection advocacy, gaming experience and testing. awareness for its employees.
Meanwhile, new Maya Bank, which powers the Maya Platform’s digital banking services, has already been recognized as a finalist for Privacy Management of the Year for establishing data privacy practices centered on the customer. Maya Bank’s Data Protection Officer John Christopher Retardo was also a finalist for the Data Protection Officer of the Year award.
“We are very honored to be recognized by NPC for our efforts. As the nation’s all-in-one currency platform, Maya is committed to continuously working with the government and the rest of the fintech industry to maintain privacy and data security,” Shailesh said. Baidwan, chairman of PayMaya, and co-founder and board member of Banque Maya.
NPC’s PAW Awards ceremony recognizes individuals and organizations that have made outstanding contributions to the practice and advocacy of data privacy.
#Fraud Patrol: Building a Culture of Privacy
Privacy Initiative of the Year #FraudPatrol demonstrates Maya’s recognition of the critical role of its employees in protecting the privacy of its customers’ data. The company used engaging activities including social media challenges, game missions, awareness tests, webinars and interactive content.
As a result of these activities, Maya reported zero victims of workplace phishing incidents and malware attacks for 2021. The number of employees proactively reporting suspicious phishing attacks also increased significantly. .
Maya’s Default: Privacy and Security by Design
Maya’s #FraudPatrol campaign is just one of the company’s initiatives to maintain data privacy and security. Maya has invested heavily in privacy and security initiatives for people, infrastructure, products, processes and design over the years.
For example, the recently launched brand new Maya application integrates functionality right from the account opening and registration stages. The Maya app offers a better Know-Your-Customer (KYC) experience, using artificial intelligence and machine learning for face matching, identification image classification, false identity detection, OCR identification and biometrics.
At every stage of the app experience, users benefit from more robust security, from password or PIN requirements to multi-factor authentication requirements for features such as registration, resetting the password, sending money, bank transfers, etc. In addition to this, Maya has continuously conducted information and education campaigns, posting notices focusing on privacy and security on its official social media accounts.
Strengthening data privacy and security through collaborations
Maya also partnered with the Anti-Money Laundering Council (AMLC) last year on information sharing and capacity building to help fight financial crimes that impact privacy. More recently, he entered into a pact with the Philippine National Police Cybercrime Unit to help prevent and combat financial crimes in the country.
Maya’s Data Privacy Office has contributed to strengthening data privacy practices in the country by actively participating in NPC stakeholder consultations, providing valuable input on upcoming circulars, and supporting various NPC initiatives. NPCs.
Maya is the all-in-one money platform that gives Filipinos bolder ways to master their money. It is powered by a unique ecosystem of integrated financial services that meets the ever-changing financial needs of today’s generation with cutting-edge technology.
Maya is leading millions of Filipinos (consumers, businesses, communities and government agencies) towards a more inclusive, transparent and empowering digital economy. Maya is powered by the country’s only end-to-end digital payment company, PayMaya Philippines, and Maya Bank for digital banking.
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