AUSTRAC Reporting
Automate how you identify and report IFTI's and TTR's (with SMR's on the way) and create a single, auditable view of regulatory obligations.
NZ FIU Reporting
Streamline your PTR transaction reporting to the NZ FIU, including IFT (with LCT capability coming in the near future).
Identitii
At Identitii, we believe AML and CTF compliance should be easy and automated, to better help prevent financial crime
AML/CTF compliance today
80% of data used by financial institutions is unstructured, and spread across legacy technology systems, making it difficult to trust that you have a complete picture
- No single source of truth across systems and formats
- Fragmented systems that don't communicate
- Data sharing via unsecure email, spreadsheet and fax
- Structured and unstructured data
- Transaction and customer data sits in silos
- Manual processes, chasing clients for documentation
How we can help
Identitii automates how you identify, collect, report and store transaction information, so that payments can be processed quickly and AML and CTF compliance is streamlined
Automate
Replace manual processes and spreadsheets with secure digital workflows built on pre-defined business and regulatory rules
Request
Securely request and share transaction information in any format internally, with counterparties or regulators
Report
Manage transaction data internally, or to regulators like AUSTRAC and NZ FIU, so you have a complete and accurate view of compliance
Put the right data, in the right hands at the right time
Know you have the information you need to perform financial crime due diligence internally, with counterparties or for regulators, without replacing existing systems
News and Insights
Tranche 2 reforms likely: how will they affect you?
Australia trails behind many other jurisdictions when it comes to their AML laws for gatekeeper professions. As one of only three developed countries without comprehensive regulations for tranche 2 entities, Australia remains susceptible to exploitation from criminals. With pressure on the government to make meaningful changes, improved legislation is imminent—but what does this mean for you?
Identitii survey reveals confusion around IFTI reporting
Complete and accurate reporting to regulators is a challenge for many financial institutions, with changing legislation, technological innovation, and new payment standards adding complexity to
Macquarie University’s Financial Integrity Hub launches industry podcast
The Financial Integrity Hub has announced the launch of a podcast series, proudly sponsored by Identitii. The Financial Integrity Hub (FIH) was created to bring
FCA warns payment companies to overhaul their financial crime compliance processes
The Financial Conduct Authority (FCA) recently sent letters to almost 300 payment companies in the UK lambasting them for insufficient protective measures to safeguard consumer
