Anti-money laundering (AML) stories

New Zealand faces NZD $1.6bn in scam losses; criminologist urges tougher regulation on social media and telco firms to curb cybercrime syndicates.

IBM launches Digital Asset Haven, a secure blockchain platform for institutions, combining advanced custody features across 40+ blockchains from late 2025.

Global scam attempts have surged 65% over the past year, with smishing rising tenfold as banks worldwide battle increasing fraud risks.

Aleo Network Foundation appoints Yaya Fanusie as Global Head of Policy to lead privacy-focused blockchain payments amid global regulatory push.

Credas has launched its Compliance Wallet to reduce duplication and speed up property sector compliance checks with 15 million wallets available at launch.

MetaComp and OSL Group partner to build compliant cross-border digital finance infrastructure, linking Singapore and Hong Kong for faster, secure transactions.

SAS has been named Market Leader in AI-driven fraud and AML case management, praised for its stable platform and advanced cloud-native AI features.

Ethereum surged in July with a 127.7% rise in institutional holdings, leading a 13.3% crypto market growth driven by altcoins, stablecoins, and new regulations.

AI adoption in Australia and New Zealand surges, with 21% noting gains despite a skills shortage delaying digital transformation and product development.

Siren and Flashpoint have teamed up to enhance investigations with integrated intelligence, aiding security teams against rising hybrid and cyber threats worldwide.

MetaComp urges firms to use three KYT tools for stablecoin checks after study finds single-tool setups miss up to 25% of high-risk blockchain transactions.

Credas launches the UK’s first reusable compliance wallet to cut property ID checks from 5.4 to one, speeding up homebuying with verified digital credentials.

Celonis and Bright Cape launch Smart KYC Control Tower app to help financial firms cut costs, boost compliance and improve customer experience in KYC processes.

Relativity has launched its generative AI tools aiR for Review and aiR for Privilege across five Asian markets, enhancing legal teams' document review and privilege identification.

Cyber scams and payment fraud are surging in Australian real estate, prompting experts to push for digital identity solutions to boost security and cut risks.

Sumsub and Data Zoo have partnered to deliver enhanced global fraud prevention and compliance solutions for financial institutions across 170+ jurisdictions.

Credas launches a payment tool enabling estate agents to charge clients directly for ID and anti-money laundering checks, easing rising compliance costs.

Australia's AML Tranche 2 starts July 2026, requiring firms to adopt advanced tech for compliance or risk fines of AUD $19,000 daily per breach.

Experian and GBG expand their partnership to offer advanced fraud prevention and identity verification across Australia and New Zealand for faster, safer onboarding.

AU10TIX launches AnyDoc Authentication, an AI-powered tool detecting fraud in non-ID documents with 99.99% accuracy, aiding sectors from finance to healthcare.