TelcoNews Australia - Telecommunications news for ICT decision-makers

Know your customer (KYC) stories - Page 2

Building digital trust data quality strategy

Building digital trust: Data quality provides a scalable path

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Data quality gives banks a scalable route to digital trust, cutting fraud and false positives while speeding onboarding, KYB and AI-driven checks.
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Beyond the billion-dollar banking oversight: How process intelligence can surface vital warning signs

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Australia's Big Four loan scandal highlights how process intelligence can expose ghost paths, bypassed checks and hidden fraud networks.
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Pexa Clear opens for property AML compliance ahead

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PEXA launches pay-per-use compliance tool for property firms as Australia's AML and counter-terrorism rules approach in 2026.
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Marqeta adds AI risk score to tackle payment fraud

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Marqeta has embedded an AI-driven risk score into its Real-Time Decisioning tool, aiming to curb payment fraud and reduce false declines.
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Thunes ranks among top three in cross-border payments

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Thunes wins Juniper Research top-three nod for cross-border payments as network breadth, interoperability and stablecoin links reshape the market.
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Banks issue warning over AI-powered identity fraud risks

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US banks and regulators are urged to adopt passkeys, mobile driving licences and tougher verification as generative AI fuels deepfake fraud.
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UiPath launches AI tools for bank compliance & lending

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UiPath rolls out agentic AI for banks to automate sanctions checks and loan origination, citing faster decisions and tighter audit controls.
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GSMA says Mobile Money hits USD $2 trillion in 2025

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Mobile money transactions topped USD $2 trillion in 2025 as global use surged, led by Sub-Saharan Africa but with growth across all regions.
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Robinhood tests social trading beta with verified users

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Robinhood tests a verified social trading beta with 1,000 power users, letting them share live trades, stats and discussion in-app.
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WorkFusion's Tara wins AML award for sanctions screening

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WorkFusion's AI agent Tara has been named AML Solution of the Year by FinTech Breakthrough for streamlining sanctions screening workloads.
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TACEO launches shared network for finance, identity, AI

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Austrian startup TACEO unveils encrypted shared network to run finance, identity and AI workloads without exposing sensitive data.
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Circles, Airwallex bring embedded finance to global telcos

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Circles partners with Airwallex to plug embedded banking into CirclesX, letting telcos launch financial services across more than 70 markets.
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Thunes links Swift banks to global stablecoin wallets

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blockchain
Thunes opens Swift banks to direct USDC and USDT payouts, linking 11,500 institutions with 500 million stablecoin wallets worldwide.
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AI & hardship drive surge in Australian loan fraud

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AI tools and cost-of-living strain see Australian lenders block AUD $1.5 billion in loan fraud as money mule cases almost double.
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Strong growth for Irish tech imports across Australia and New Zealand

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Irish tech exports to Australia and New Zealand have surged nearly 60% in five years, with Enterprise Ireland backing rapid sector growth.
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XConnect & SONIO team up to fight fraud in fintech

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XConnect links its mobile network fraud signals into SONIO's identity platform to tighten onboarding and compliance for fintech and gambling.
Greg brown

From complexity to clarity: Why eCommerce needs clean customer data

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In eCommerce, clean verified customer address data is now essential to cut costs, stop fraud and keep shoppers loyal worldwide.
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Monoova unveils FX Hub for streamlined global payments

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Monoova launches FX Hub to unite local collections, FX conversion and global settlement in one automated flow, cutting delays and complexity.
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Bybit unveils AI Trading Skill for automated crypto trades

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Bybit launches AI Trading Skill, letting users place crypto trades and manage accounts via natural-language prompts across top AI tools.
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AI-fuelled crime drives illicit funds to $4.4 trillion

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AI-fuelled scams help push illicit finance to an estimated USD $4.4 trillion in 2025, with fraud losses hitting USD $579.4 billion.