Kinectify signs four New South Wales clubs for AML compliance technology
Kinectify says it has agreed to provide AML compliance technology to Campsie RSL Group, St. Marys Rugby League Club, Club Burwood RSL Group and DOOLEYS Lidcombe Catholic Club in New South Wales. The company says its Australian-specific capabilities include AUSTRAC reporting workflows for Suspicious Matter Reports and Threshold Transaction Reports; DOOLEYS interim CEO Nathan Titmuss said the platform would improve customer-risk visibility and streamline compliance processes.
The clubs are adopting technology to support AML monitoring, customer due diligence and regulatory reporting.