Globe Tests Nokia’s Network Exposure Platform to Enhance Security in Financial Services

Globe Telecom Partners with Nokia to Enhance Security for Banks Using Network APIs
Globe Telecom, one of the Philippines’ largest telecommunications operators, has partnered with Nokia to provide banks and other enterprises with enhanced security using network Application Programming Interfaces (APIs), Nokia announced on Monday, February 24. Globe Telecom already uses a host of other Nokia solutions, including 5G RAN.

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Globe is Testing Nokia’s NEP

As part of the collaboration, Globe is testing Nokia’s Network Exposure Platform (NEP) to expand and simplify its API offerings, enabling businesses to develop security-focused applications. With cyber threats on the rise, Globe aims to equip financial institutions with fraud prevention tools leveraging its network infrastructure.

“APIs provide access to deep functionality and data within networks, allowing application developers to utilize those network capabilities to build new use cases for their customers,” Nokia said.

“With cyberattacks on banking services accelerating, it is crucial that we make available the latest network-powered technologies to our enterprise customers and help them safeguard against fraud,” said Globe’s Head of Service Planning and Engineering. “We are now at the stage of testing how Nokia’s NEP can support our customers in the banking and enterprise sectors with security verification tools to prevent fraudulent transactions.”

Also Read: StarHub Partners with Nokia to Drive Network Monetisation Through APIs

Standardizing API Development

Nokia’s NEP aligns with GSMA Open Gateway and the Linux Foundation CAMARA, both of which drive standardised API development globally. The platform integrates with Nokia’s Network as Code initiative, which connects telecom networks with application developers.