Verification and fraud prevention platform Sumsub has launched of a new fraud management bundle designed to help banks and other financial institutions in the Philippines comply with the country’s Anti-Financial Account Scamming Act ( Afasa ) before it takes full effect on June 25.

The bundle combines rule-based fraud detection with dynamic risk scoring, the platform notes, 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, artificial intelligence ( AI )-driven techniques are fuelling 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, according to the report, 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.

At the core of the 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 behavioural 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.

The bundle’s 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 behavioural, 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 the platform’s device intelligence, case management and know-your-customer/business solutions, so institutions can detect compromised access, hold and investigate suspicious transactions, and apply profile-based risk scoring using accurate customer data.

“The regulatory environment in the Philippines is evolving quickly, with clearer expectations on how institutions should detect, assess and respond to suspicious activity,” says Penny Chai, the platform’s vice-president for Asia-Pacific. “By combining rule-based actions with aggregated risk scoring in a hybrid model, the 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.”