Know your customer (KYC) stories

Ant International unveils open-source mobile AI payment protocol for wallets and wearables, aiming to secure agentic commerce across devices.

Gamma targets Australia and New Zealand in APAC expansion, betting on mature cloud markets, stronger margins and tighter compliance needs.

EY names 1Kosmos Chief Executive Officer Hemen Vimadalal as a finalist for its 2026 Entrepreneur Of The Year New Jersey award.

ACI and Kinexys by J.P. Morgan embed account and payee verification into bank payment flows as instant-transfer fraud pressures mount.

Heligan Group launches strategic advisory unit to tackle sanctions, ownership and cyber risk for investors, defence clients and high-net-worth buyers.

Australia's online gambling operators face tighter identity checks as regulators intensify scrutiny over fraud, money laundering and responsible gaming.

EU wallet rules could turn digital identity into the next payments backbone, forcing banks to rethink onboarding, fraud and customer trust.

Persona taps ConnectID to let Australian firms verify users' ages through banks, avoiding passport uploads as child-safety rules tighten.

Entrust rolls out Australia-ready identity verification using government records, biometrics and AI as tougher AML rules widen compliance checks.

Spektr lands USD $20 million Series A from NEA as Copenhagen AI compliance platform targets manual checks at banks and fintechs.

Banks and multinationals trial tokens to slash cross-border settlement times, as clearer rules and backing bolster wider business use.

Oracle expands its financial crime platform with Lucinity's AI investigation tools, aiming to cut compliance workloads for banks and regulated firms.

Foreign banks in Australia face pressure to tighten anti-money laundering checks after AUSTRAC found weak reporting, blind spots and money mule exposure.

Cambodia scam compounds are being tied to a mobile banking fraud network that hit users in 21 countries, researchers say.

Persistent and Databricks launch Merchant Risk Management and Fraud Detection solution for banks and payment providers facing rising digital payment fraud.

Access Group survey finds most Australian accountants are unprepared for looming anti-money laundering rules, with many yet to start compliance work.

iProov warns iOS injection attacks surged 1,151% in late 2025 as generative AI fuels deepfake impersonation and identity fraud.

Barry Plant and other firms back My Databoss as Australia's Tranche 2 AML reforms drive demand for audit-ready compliance tools.

Australians wary of AI fraud checks as Experian data shows 56% have faced online scams or identity theft, with millennials hit hardest.

Westcon Solutions wins Hong Kong and Macau distribution deal to back UiPath partners with services, engineering support and AI automation tools.