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New strategy pushes Australia’s financial sector to compete
Australia's federal administration has launched a Financial Innovation Strategy designed to modernise the country's financial system, lift productivity and strengthen the regulatory environment in...
Why AML compliance costs are outpacing money laundering losses
Australia lost an estimated $87.39bn to money laundering in 2024-25, according to analysis from Napier AI, which argues that artificial intelligence must be used...
ASIC hits Deutsche Bank with $2m penalty over OTC data
Deutsche Bank Aktiengesellschaft has handed over $2m in penalties after Australia's corporate regulator found it had misreported in excess of 260,000 OTC derivative trades,...
Concentrix and Napier AI take on AML compliance in ANZ
Global technology and services firm Concentrix has announced a collaboration with RegTech provider Napier AI to deliver AI-driven anti-money laundering (AML) compliance solutions across...
Concentrix and Napier AI target ANZ financial crime gap
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...
AUSTRAC warns financial crime risks are growing in complexity
Australia's financial intelligence agency AUSTRAC has published three updated national risk assessments warning that the country's money laundering, terrorism financing and proliferation financing threats...
Australia’s AML reforms: Strategies for success in 2026
Australia's sweeping anti-money laundering and counter-terrorism financing (AML/CTF) reforms are just months away from taking effect, and financial crime leaders are being urged to...
What Australia’s AML/CTF reforms mean for businesses
With new anti-money laundering and counter-terrorism financing (AML/CTF) reforms now coming into effect, both current reporting entities and newly regulated businesses must understand how...
How AI and culture are driving Australia’s AML evolution
Australia’s financial crime framework is heading into one of its most significant overhauls in years, prompting industry leaders to examine how upcoming regulatory shifts...
RegTech platform Deckard raises $3.9m Mighty funding
Deckard Technologies, a GovTech data platform helping local governments improve compliance rates and optimise tax revenue collection across property rentals, has secured a $3.9m growth credit facility from Australia-based Mighty Partners.
