Through a Memorandum of Agreement (MOA), this partnership strengthens incident response and information sharing. It also supports the government’s capacity-building programs to further enhance cyber resilience.
The agreement was signed by CICC Usec. Renato “Aboy” A. Paraiso, who was joined by Dir. Alvin M. Navarro and Dir. Rojun V. Hosillos, together with other CICC officials. Representing GCash were Mynt’s (parent company of GCash) Group Head for New Businesses, Winsley Royce Bangit, Chief Legal and Compliance Officer, Atty. Maricor Alvarez-Adriano, G-Xchange Inc., Head of Legal, Atty. Gilbert Escoto, with the support of GCash Head of Advocacy, Atty. Mark Anthony Amurao, Mynt’s Chief Information and Security Officer, Miguel Geronilla, and Vice President and Head of Corporate Communications and Public Affairs, Gilda Maquilan.
Emphasizing the importance of public-private collaboration, Undersecretary Paraiso noted,
“Cybersecurity is not the responsibility of the government alone—it requires strong collaboration with industry leaders like GCash. Through this partnership, we are sending a clear message to cybercriminals that we are united in protecting Filipinos and will relentlessly pursue those who seek to exploit our digital economy. Together, we are building a safer and more resilient cyberspace where trust and innovation can thrive.”
The collaboration comes at a time when digital platforms are increasingly targeted by fraudsters. With stronger cooperation between the government and the private sector, both CICC and GCash are committed to reinforcing user protection and building greater trust in the country’s digital ecosystem.
For its part, GCash has been taking proactive measures, successfully blocking over 4 million fraudulent accounts and taking down thousands of malicious posts. These efforts will be further strengthened and complemented by CICC’s expertise, enabling GCash to better protect users who rely on digital services for their everyday transactions.
The partnership represents a vital step in the ongoing efforts of GCash to achieve its vision of financial inclusion while securing its users. “This partnership with CICC also serves as a compelling reminder that we must continue improving and innovating to protect our customers from ever-present cyber threats and other types of scams,” Atty. Alvarez-Adriano said.
With its continued focus on safety and innovation, GCash, together with the government, affirms its role in enabling every Filipino to safely participate in the digital economy with confidence and peace of mind.
For more information, please visit www.gcash.com.
About Mynt
Mynt is the first and only $5 billion unicorn in the Philippines. It's a leader in mobile financial services focused on accelerating financial inclusion through mobile money, financial services, and technology. Mynt operates two fintech companies: GXI, the mobile wallet operator of GCash — the #1 Finance App in the Philippines, and Fuse Lending, a tech-based lending company that gives Filipinos access to microloans and business loans.
About GCash
GCash is the Philippines’ #1 Finance App and Largest Cashless Ecosystem. Through the GCash App, users can easily purchase prepaid airtime; pay bills via partner billers nationwide; send and receive money anywhere in the Philippines, even to other bank accounts; purchase from over 6 million partner merchants and social sellers; and get access to savings, credit, loans, insurance and invest money, and so much more, all at the convenience of their smartphones. GCash’s mobile wallet operations are handled by G-Xchange, Inc. (GXI), a wholly-owned subsidiary of Mynt, the first and only duacorn in the Philippines.
Mynt and GCash are staunch supporters of the United Nations Sustainable Development Goals (SDGs), particularly UN SDGs 5,8,10, and 13, which focus on safety & security, financial inclusion, diversity, equity, and inclusion as well as taking urgent action to combat climate change and its impacts, respectively.
For more information, please contact:
Bruce Rodriguez, Head of Business Communications
Corporate Communications
Legal Disclaimer & Safe Harbor Statement
This press release is for informational purposes only and does not constitute, or form part of, any offer, solicitation, or invitation to sell, issue, purchase, or subscribe for any securities in the Philippines, the United States, or any other jurisdiction. No securities of Mynt, Inc. have been or will be registered under the U.S. Securities Act of 1933, as amended, and such securities may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. There will be no public offering of the securities of the Company in the United States. No money, securities or other consideration is being solicited by this document or the information contained herein and, if sent in response to this document or the information contained herein, will not be accepted. Any potential initial public offering and listing in the Philippines, if pursued, remain fully subject to prevailing market conditions and regulatory approvals, including the registration requirements of the Philippine Securities and Exchange Commission and the listing rules of the Philippine Stock Exchange, Inc., and there can be no assurance that any such filings will be made or that any offering or listing will be consummated. This document contains forward-looking statements that involve inherent risks and uncertainties; actual results, timelines, and outcomes may differ materially from those projected due to shifting market dynamics, economic environments, and regulatory updates.
