A hybrid-model transaction monitoring suite combines fraud signals and dynamic risk scoring, enabling accurate and immediate fraud detection and fund recovery.
Sumsub today announced the launch of a new fraud management bundle designed to help banks and other financial institutions in the Philippines comply with the Anti-Financial Account Scamming Act (AFASA) before it takes full effect on June 25, 2026. The AFASA Fraud Management Bundle combines rule-based fraud detection with dynamic risk scoring to help institutions identify and act on suspicious transactions in real time, supporting both fraud prevention and fund recovery.
Under the Philippines’ new AFASA framework, banks and other financial institutions must put in place enhanced fraud management systems and stronger security and authentication measures to protect consumers from scams. At the same time, AI-driven techniques are fueling a sharp rise in sophisticated, multi-step coordinated fraud, with Sumsub’s Identity Fraud Report 2025-2026 recording a 180% year-on-year increase in these attacks globally. In the Philippines, deepfake attacks grew 61% year on year in 2025—one of the highest rates in the region—underlining the growing impact of AI-driven fraud on the local market. Together, these developments increase the pressure on institutions to strengthen transaction monitoring, intervention, and fund recovery across digital channels.
“The regulatory environment in the Philippines is evolving quickly, with clearer expectations on how institutions should detect, assess, and respond to suspicious activity,” said Penny Chai, Vice President, APAC at Sumsub. “By combining rule-based actions with aggregated risk scoring in a hybrid model, the AFASA Fraud Management Bundle allows institutions to intervene immediately in clear fraud cases while applying more gradual, risk-based assessment across different transaction types and customer profiles, so compliance teams can focus on the highest-risk activity for timely intervention and escalation.”
At the core of the AFASA Fraud Management Bundle is a hybrid-model transaction monitoring suite that uses a multi-layered detection approach. Direct-action rules are applied to strong fraud indicators such as blacklist matches, bot or automated activity, or abnormal access patterns, allowing institutions to reject or place transactions on hold in clearly suspicious cases. A separate dynamic risk scoring layer evaluates behavioral anomalies, transaction pattern deviations, and contextual inconsistencies as part of a single assessment, which institutions can use to approve transactions, apply additional verification steps, or route cases for review in line with their internal policies.
Key benefits include:
- Real-time fraud prevention: Enables institutions to assess and act on suspicious transactions before completion or settlement, applying prevention-focused rules to outgoing transfers and recovery-focused rules to incoming funds so actions stay aligned with AFASA requirements.
- Enhanced detection accuracy: Combines rule-based actions with aggregated risk scoring across behavioral, transactional, and contextual signals to quickly identify genuinely suspicious activity.
- Flexible configuration: Allows institutions to adjust thresholds, action logic, and decision flows to match their risk strategy, customer mix, and product offerings, keeping detection aligned with internal policies and risk appetite.
- Integrated protection: Designed to work alongside Sumsub’s Device Intelligence, Case Management, and KYC/KYB solutions, so institutions can detect compromised access, hold and investigate suspicious transactions, and apply profile-based risk scoring using accurate customer data.
This launch follows Sumsub’s recent partnership announcement with Go Digital Philippines and reflects the company’s long-term commitment to the Philippines and the wider ASEAN region, where it is working with local partners to support secure digital identity, fraud prevention, and AI governance initiatives, and to help institutions strengthen digital trust as AFASA and the broader regulatory environment continue to evolve.
To learn more about Sumsub’s AFASA Fraud Management Bundle, please visit: https://sumsub.com/aml-transaction-monitoring/
