SumSub APAC Roadshow
The Nexus Center
the event
In 2024, the Philippines saw the 5th highest fraud rate in APAC, according to Sumsub’s APAC Identity Fraud Report, as failure to conduct full verification meant crime continued to slip through the cracks. As Filipino fintechs and banks prepare themselves to comply with the Anti-Financial Account Scamming Act (AFASA) and stop fraudulent transactions, challenges with implementation arise. Discover how Sumsub can prevent fraud across the entire user journey, from onboarding to ongoing monitoring, with our powerful tools and renowned expertise. Join Sumsub and Nexus Technologies in this exclusive networking event where you’ll learn and practice implementation of fraud prevention tools.
When:
June 18, 20255:30 - 9:30pm
Where:
The Nexus Center, Manila, Philippines5:30pm
Registration and networking
Start your time at the roadshow by getting to know other like-minded professionals over drinks and light refreshments
6:15-7:15pm
Opening remarks and panel discussion
Topic: What It Really Takes to Operationalize AFASA: People, Processes, and Platforms
The Anti-Financial Account Scamming Act (AFASA) represents a significant step in fortifying the Philippines' financial ecosystem against fraud. However, the true impact of this legislation hinges not just on its legal framework, but on its effective operationalization. This panel delves into the critical triad of elements – people, processes, and platforms – that financial institutions must strategically address to move beyond mere compliance and truly embed AFASA's requirements into their daily operations, fostering a more secure environment for both themselves and their customers.
We will cover:
- Cultivating a Culture of Security and Compliance
- Embedding Security and Efficiency into Workflows
- Leveraging Technology for Robust Implementation
7:15-8:00pm
Demo and closing
See how Sumsub’s solutions coupled with Nexus’s expertise can support your business to comply with the AFASA
8:00pm
onwards
Dinner and networking
Keep the discussion going at the dinner table as you connect with the speakers and attendees over delicious food and drinks
For the second year running, we’re proud to form a synergistic partnership with Nexus Technologies. Since its incorporation in 1994, Nexus Technologies remains one of the leading corporate IT resellers and systems integrator in the Philippines. The company effectively introduces the most relevant modern technologies in the local tech scene while continuously venturing into IT companies with different core businesses to further boost its value to its partner-clients, principals, and stakeholders.
We’re excited to collaborate once again and showcase the powerful technologies that protect businesses from global fraud.
and have your say
for Filipino FIs and Banks
the most complex fraud
Chai
Wee Lye
Chia
Romano-Uy