FrankieOne Unveils Scalable Compliance Platform Ahead of Major AML Reform
AUSTRALIA'S LEADING REGTECH HELPS BANKS, FINTECHS, AND DIGITAL ASSET PROVIDERS ADAPT TO AUSTRAC’S 2026 AML/CTF CHANGES
Melbourne, Australia, 24 June 2025 – FrankieOne, the unified compliance platform trusted by global banks and fintechs, today announced the launch of its future-ready identity and fraud orchestration solution, just as sweeping changes to Australia’s anti-money laundering (AML) regime approach.
With AUSTRAC’s updated AML/CTF obligations taking effect from March 2026, including new customer due diligence (CDD), monitoring, and governance requirements, FrankieOne offers regulated businesses a powerful way to adapt at speed without rebuilding from scratch. This includes the ability to seamlessly conduct Enhanced Customer Due Diligence (ECDD) processes as compulsory for high-risk scenarios, ensuring businesses can gather additional information, verify or re-verify customer details, and perform more detailed transaction analysis to effectively manage complex ML/TF risks.
“The pace of regulatory change is accelerating, and patchwork systems won’t keep up,” said Simon Costello, CEO of FrankieOne. “FrankieOne offers a scalable foundation, not just a tool, enabling compliance teams to simplify operations, reduce risk, and future-proof their stack.”
One API. 350+ Vendors. Global Compliance Simplified.
FrankieOne’s platform connects to over 350+ trusted identity, fraud, and AML data sources across 190+ countries, all through a single API - eliminating the need to have multiple contracts and integrations with multiple vendors. Unlike siloed tools, the orchestration layer provides a single customer view of all identity and fraud decisions and signals with customisation across risk, region, and customer type, giving businesses a unified real-time view of onboarding, fraud signals, and ongoing monitoring.
This makes FrankieOne especially suited to meet AUSTRAC’s latest reforms, which call for:
Risk-based CDD processes, with a clear mandate for robust Enhanced Customer Due Diligence (ECDD) to address higher-risk customer profiles and activities
Enhanced oversight and governance
Structured ongoing monitoring
Improved reporting and auditability
Trusted by Industry Leaders
Leading organisations including Westpac, Shopify, and PointsBet are already leveraging FrankieOne to scale faster while ensuring robust compliance.
Westpac partnered with FrankieOne to streamline customer verification, improving onboarding speed and pass rates across siloed, fragmented business units.
Shopify deployed automated global KYB to meet local obligations across multiple jurisdictions.
PointsBet implemented real-time fraud detection using device signals and behavioural analytics at onboarding.
“We experienced a substantial uplift in pass rates when we first went live, and the ease of integration has made FrankieOne our go to platform across the Westpac Group,” said Hayden Johnson, Westpac.
Key Platform Benefits
Unified orchestration layer across identity, fraud, AML
Vendor-agnostic architecture for flexibility and cost control
Configurable workflows by region, product, or risk
ISO 27001 & SOC 2 Type II certified infrastructure
Built-in analytics and structured audit trails for local and global reporting (AUSTRAC, FATF, MAS, FINTRAC, FCA)
About FrankieOne
FrankieOne is a global RegTech platform providing a single API for identity verification, fraud prevention, and AML compliance. By connecting to over 350+ vendors and data sources through one orchestration layer, FrankieOne helps regulated businesses onboard customers faster, reduce fraud, and meet complex compliance obligations across jurisdictions.
Learn more at frankieone
