Global technology and services company Concentrix Corporation has announced a collaboration with RegTech firm Napier AI to roll out an AI-powered anti-money laundering (AML) compliance solution targeting the Australian and New Zealand market.
The partnership brings together Napier AI’s machine learning-driven compliance platform and Concentrix’s broader financial crime and RegTech capabilities to create an end-to-end offering for financial services organisations of all sizes.
The solution is designed to provide what the companies describe as banking-grade AML and sanctions screening, with the aim of helping organisations move beyond legacy compliance frameworks that are increasingly unfit for purpose.
The timing is significant. Tranche 2 of Australia’s AML reform programme extends obligations to lawyers, accountants, real estate agents, and other designated non-financial businesses and professions, sectors that have historically operated outside the scope of formal AML regimes.
At the heart of the offering is Napier AI’s Continuum platform, which the company says is already trusted by more than 100 institutions worldwide. The platform’s capabilities are intended to reduce false positives in alert management, whilst simultaneously improving detection accuracy to minimise false negatives.
Concentrix GVP of growth, ANZ Dhiraj Kumar said, “Financial crime compliance is at a pivotal moment in ANZ, where institutions must balance increasing regulatory demands with the need to deliver seamless customer experiences.
“Our collaboration with Napier AI enhances our broader ecosystem of capabilities, strengthening our ability to deliver intelligent, tech-powered solutions that help clients stay ahead of financial crime while driving operational efficiency and innovation.”
Napier AI head of Asia Pacific Ron Mullins said, “Nobody should have to choose between effective compliance and business growth.
“By partnering with Concentrix, we’re combining cutting-edge AI technology with global scale and transformation expertise to help organisations across ANZ rethink how they approach financial crime – making compliance smarter, faster, and more trusted.”
Beyond AML transaction monitoring and sanctions screening, the joint offering is designed to support enhanced regulatory reporting, audit readiness and intelligent workflow automation.
Copyright © 2026 FinTech Global
