Concentrix Corporation has announced a collaboration with RegTech firm Napier AI to deliver AI-powered anti-money laundering (AML) solutions across Australia and New Zealand.
The partnership targets banks, financial services organisations, and entities affected by Tranche 2 AML obligations, a legislative expansion that brings legal professionals, accountants, and real estate firms under stricter anti-financial crime scrutiny for the first time.
By integrating Napier AI’s machine learning and AI tools into its existing compliance services, Concentrix aims to give clients the means to detect financial crime with greater speed and accuracy, reduce false positives that drive up operational costs, streamline alert management through automation, and sharpen their regulatory reporting and audit readiness. The collaboration also promises to surface actionable intelligence from complex data environments.
Concentrix plans to embed Napier AI’s machine learning capabilities into its wider financial crime and RegTech ecosystem, combining what it describes as intelligent transformation, operational expertise, and data-driven insight.
Concentrix GVP of growth, ANZ Dhiraj Kumar said, “Financial crime compliance is at a pivotal moment in ANZ, where institutions must balance increasing regulatory demands with the need to deliver seamless customer experiences.
“Our collaboration with Napier AI enhances our broader ecosystem of capabilities, strengthening our ability to deliver intelligent, tech-powered solutions that help clients stay ahead of financial crime while driving operational efficiency and innovation.”
Napier AI head of Asia Pacific Ron Mullins said, “Nobody should have to choose between effective compliance and business growth. By partnering with Concentrix, we’re combining cutting-edge AI technology with global scale and transformation expertise to help organisations across ANZ rethink how they approach financial crime – making compliance smarter, faster, and more trusted.”
The deal forms part of Concentrix’s broader strategy to expand its financial crime and RegTech capabilities across the ANZ region, building out an ecosystem of strategic technology partners.
The collaboration signals Concentrix’s continued push into the ANZ market, where it is assembling a growing network of RegTech partners to help clients navigate an increasingly complex regulatory landscape.
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