mobiclear’s product will protect a credit card negative list developed by Credit Card Association of the Philippines (CCAP) for use by its members. The mobiclear log-in security will ensure that only authorized users will be able to access this data base.
Stephen Cutler, CEO of mobiclear, said: We are delighted to assist the CCAP in its important mission. CCAP is an organization of member banks which provide significant consumer protection services to the Filipino people and work to improve the economy. We are happy to play a role in these efforts.
Elizabeth Legarda, executive director of CCAP, said: The negative list we developed will help guarantee that fraudsters cannot abuse the system, to the detriment of both businesses and consumers. The use of mobiclear’s proprietary protection product will ensure that this important list doesn’t get into the wrong hands.