The Asian Bankers Association (ABA), in collaboration with LexisNexis® Risk Solutions, an ABA Associate Member, is pleased to invite you and your colleagues to a webinar titled “AFASA: How Banks Can Operationalize and Strengthen Fraud Defenses,” to be held on 22 October 2026 at 14:00 Singapore Time (SGT).
(1) Introduction
The Anti-Financial Account Scamming Act (AFASA) and Bangko Sentral ng Pilipinas (BSP) Circular No. 1213 are introducing more stringent fraud prevention and compliance requirements across the Philippine financial services industry, particularly in real-time transaction monitoring, mule account detection, authentication, and governance.
This webinar will examine the practical implications of these developments, highlighting emerging fraud threats, implementation challenges, and effective strategies for strengthening institutional safeguards while maintaining a seamless customer experience. The discussion will also draw on insights from LexisNexis Risk Solutions' AFASA publication.
(2) Webinar Objectives
Participants will gain insights into:
- Understanding key regulatory requirements under AFASA and BSP Circular No. 1213.
- Implementing effective real-time fraud monitoring.
- Identifying mule accounts and fraud networks at an earlier stage.
- Enhancing authentication through risk-based approaches.
- Strengthening governance and regulatory readiness.
(3) Moderator & Speakers
Moderator: Alexander Ngo, Sales Director, LexisNexis® Risk Solutions
Speakers:
(1) Thahn Tai Vo, Director, Market Planning, Fraud & Identity – APAC, LexisNexis® Risk Solutions
(2) Derick Adil, Head of AI, Data and Privacy Governance, Globe Telecom
Please register HERE.
We encourage ABA members and colleagues involved in fraud prevention, risk management, compliance, and digital banking to participate in this timely discussion.
About LexisNexis Risk Solutions
LexisNexis® Risk Solutions harnesses the power of data, sophisticated analytics platforms and technology solutions to provide insights that help businesses across multiple industries and governmental entities reduce risk and improve decisions to benefit people around the globe. It offers businesses global solutions for Financial Crime Compliance, Fraud & Identity Management and Payments Efficiency.
