CIBI INFORMATION Inc. has launched the Fraud Intelligence Data Sharing (FIDS) Network, a collaboration with FinTech Alliance PH that enables institutions to share fraud signals through a secure, centralized database. The platform allows banks, fintech companies, e-wallet providers, and other organizations to contribute and check verified fraud data, helping them flag suspicious applicants across industries before application approval or account opening.
Fraud schemes increasingly move across platforms and providers, making them harder to detect when institutions operate independently. Information identified by one organization may not be visible to another, allowing fraud attempts to continue across multiple services. CIBI developed the FIDS Network to address this gap by allowing participating institutions to share confirmed fraud data and detect suspicious patterns earlier in the application process.
“We are very proud to bring together CIBI’s data, expertise, and governance infrastructure with the FinTech Alliance’s industry network,” said Pia Arellano, president and CEO of CIBI Information Inc. “Ultimately, this is about protecting Filipinos who trust the digital economy with their money, their identity, and their future.”
Expanding industry collaboration
Under the FIDS Network, participating institutions contribute fraud-related data such as watchlist and blacklist entries, as well as certain details from incoming applications and inquiries. When a member institution receives a new application, it can check the information against the shared database and receive an alert if the applicant has previously been flagged by another organization. Participating institutions share data in strict compliance with data privacy regulations, ensuring security and compliance.
“Fintech must not only innovate. It must also strengthen resilience and reinforce trust,” said Lito Villanueva, founding chairman of Fintech Alliance PH. “The FIDS Network shows how institutions can share intelligence and work together to address emerging fraud threats.”
To date, some members of the FIDS Network include BDO, RCBC, HSBC, Maya, Salmon, GoTyme Bank, Uno Digital Bank, ABU-EMP, and SB Finance.
Supporting trust in the digital financial system
The network supports the country’s efforts to curb fraudulent activity by providing a system that helps institutions identify suspicious applicants and share fraud data across platforms.
“Cybersecurity is no longer optional. It is a core component of national resilience. Our goal is not only to protect systems, but also to ensure that the public continues to trust critical digital services such as banking and other online platforms,” said executive director Renato Paraiso of the Cybercrime Investigation and Coordinating Center (CICC), at the FinTech Alliance PH 2026 General Membership Meeting, where the FIDS Network was launched.
By enabling institutions to share fraud intelligence and detect suspicious activity earlier, the FIDS Network strengthens defenses against coordinated fraud and helps protect the trust that underpins the country’s growing digital financial ecosystem.
Financial institutions, fintech companies, and other industry partners are encouraged to take part in this collaborative effort to strengthen the safety and integrity of the digital ecosystem. Organizations interested may contact marketing@cibi.com.ph to learn more about joining the FIDS Network.
