Manila, Philippines – TrustDecision has entered into a strategic collaboration with Rizal Commercial Banking Corporation (RCBC) to enhance fraud prevention and anti-money laundering (AML) capabilities within the Philippine banking sector.
The initiative is intended to strengthen risk oversight and regulatory compliance by integrating advanced technology with institutional risk management practices.
Representatives from both organisations formalised the partnership during a signing ceremony, reflecting the cross-functional scope of the initiative.
Under the agreement, the two parties will develop a unified platform that applies AI to financial crime detection and compliance monitoring. The solution is designed to combine data analytics, regulatory knowledge, and operational risk experience to improve the identification, management, and mitigation of fraud and money laundering risks.
“RCBC has built a strong foundation in governance, compliance, and enterprise risk management,” Xu Cheng, country manager of TrustDecision Philippines, stated.
“Through this partnership, we will support localised implementation and continuous optimisation of an integrated platform, helping RCBC build scalable and sustainable risk management capabilities over the long term.”
The collaboration is expected to support localised deployment and ongoing refinement of the platform, enabling RCBC to build scalable and long-term capabilities in enterprise risk management. By consolidating fraud and AML functions into a single system, the bank aims to improve efficiency while maintaining alignment with evolving regulatory requirements.
“As financial crime risks grow more complex, cross-institutional collaboration and integrated platforms are increasingly critical,” Lito Villanueva, executive vice president and chief innovation and inclusion officer of RCBC, commented.
“We value TrustDecision’s expertise in supporting a more efficient and forward-looking approach to risk defence.”
From a regulatory and compliance standpoint, the initiative addresses increasing supervisory expectations for robust, technology-enabled controls. The use of advanced analytics and automation is intended to strengthen governance frameworks and support sustainable compliance operations.
Sheila Ricca Dioso, chief compliance officer and head of regulatory affairs of RCBC, mentioned that rising regulatory expectations make robust, efficient, and sustainable AML and anti-fraud frameworks a core institutional capability.
Through this partnership, TrustDecision and RCBC seek to reinforce financial crime prevention measures, enhance adherence to regulatory standards, and contribute to a more secure, resilient, and inclusive financial services environment in the Philippines.
