Trusting Social and Ecofinance Partner to Shield Filipino Consumers from Fraud

Online lending is growing fast in the Philippines, but so are digital scams that put consumers at risk. This is why Trusting Social Philippines and Ecofinance are joining forces to bring AI powered security to every step of the borrowing experience. The partnership helps Filipinos access credit with confidence while keeping identity fraud and online threats in check.

AI Fintechs Join Forces to Fight Online Scams and Money Mulling in the Philippines

Online scams are getting smarter—and so are the defenses. 

With AI-powered fintechs joining forces, the Philippines is taking stronger action against money mulling and online fraud that have cost Filipinos nearly ₱200 million last year. Trusting Social Philippines leads the charge, using AI to help banks, e-wallets, and regulators detect fake accounts, stop scams, and make digital finance safer for everyone.

By turning technology into protection, this movement aims to build a more secure and inclusive financial ecosystem—where every Filipino can bank, borrow, and transact online with confidence.

From left to right: Rizo Hizon, Host and Moderator; Shailesh Baidwan, Group President and Co-Founder of Maya Bank; Ramon Del Rosario, Head of the Consumer Business Sector at Metrobank; Miguel Geronilla (Migs), Chief Information Security Officer at GCash; Siddhartha Kohli, Head of Partnerships and Country Director for India at Trusting Social; Roel Tan, Chief Executive Officer of BancNet; and Bharath Vasudevan, Partner and Director at BCG.

Trusting Social Philippines optimizes Big Data and AI to spread financial inclusion to all Filipinos

Half of Filipino adults still don’t have access to formal financial accounts. Trusting Social is helping change that—using AI and telco data to deliver fast, paperless credit scoring for millions of underbanked Filipinos. Its technology empowers banks to reach underserved communities, helping lower interest rates, boost approval rates, and unlock opportunities even in remote provinces.