ZIGRAM, an India-based regulatory technology (Regtech) company specialising in anti-money laundering (AML) and fraud detection, has joined the industry group FinTech Alliance.PH, the company announced.

The membership comes as the Philippines works to sustain its AML and counter-terrorism financing efforts after it was removed from the Financial Action Task Force (FATF) grey list in February 2025, nearly four years after being added.

ZIGRAM said it will contribute its Regtech expertise to industry dialogue, knowledge-sharing and joint initiatives on financial crime compliance.

Stronger Collaboration Against Financial Crime

Abhishek Bali, CEO of ZIGRAM, said sustaining the Philippines’ progress requires stronger industry collaboration and technology-driven solutions.

“Joining FinTech Alliance.PH allows us to work more closely with the local fintech ecosystem toward these shared goals,” he said.

FinTech Alliance.PH Founding Chairman Lito Villanueva said fraud and financial crime are becoming more sophisticated, making intelligence-sharing and technology adoption more important.

“Financial trust is fundamental to digital finance,” Villanueva said.

ZIGRAM serves digital-first institutions, including fintechs, payment companies and crypto exchanges.

Its tools cover name screening, transaction monitoring, customer risk rating, fraud detection and case management, and the company says it operates in around 15 countries.

FinTech Alliance.PH says it has more than 170 corporate members across fintech, banking, payments and lending.