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Songtradr has acquired Pretzel for an undisclosed amount.

Australian News

GM Taxi Pay: The Innovative Solution for Taxi Drivers in Australia March 20, 2023 9:56 pm Benzinga GM Taxi Pay offers the largest and most innovative mobile taxi pay terminal, making it the best choice for taxi drivers looking for a reliable and secure payment solution in Australia. The taxi industry has undergone significant changes in recent years, …
Sir Rod Stewart opens up about diagnosis that led to concert cancellation in Australia March 20, 2023 9:53 pm Seven News Sir Rod Stewart has revealed the diagnosis he received that led him to cancel a performance in Victoria just hours before he was due to go onstage. The 78-year-old was due to sing at A Day On The Green at Mt Duneed Estate, Geelong on Saturday, however, …

World News

Crash involving school bus overturns pickup truck in New Orleans East March 20, 2023 9:55 pm WWL NEW ORLEANS — Authorities responded to a crash involving a school bus and a pickup truck in New Orleans East Monday morning. According to Total Traffic New Orleans, the crash was reported around 7:15 a.m. near the intersection of Hayne Boulevard and …
Councilwoman Moreno asking for update on NOPD task force after "60-day mark" passes March 20, 2023 9:55 pm WWL The task force was created by Mayor LaToya Cantrell to combat the rising violent crime that was plaguing the city at the beginning of the year. NEW ORLEANS — New Orleans City Council Vice President Helena Moreno is asking for an update on the progress and …

Malaysian News

Malaysia to supply hydrogen gas to Indonesia March 20, 2023 9:55 pm VietnamPlus Kuala Lumpur (VNA) - Malaysia has obtained an understanding with the Indonesian government over the investment and supply of hydrogen gas to Nusantara, the neighbouring country’s new capital city, according to Prime Minister Anwar Ibrahim. Indonesian …
Malaysia’s trade value up over 10% in February March 20, 2023 9:55 pm VietnamPlus Hanoi (VNA) – The Malaysian Ministry of International Trade and Industry (MITI) announced in a press release on March 20 that the total trade value of the Southeast Asian economy in February increased 11% annually, reaching 204.99 billion RM (45.68 billion …

Business News

TSX Ends Moderately Higher As Energy Stocks Rally March 20, 2023 9:54 pm RTTNews The Canadian market ended on a firm note on Monday, lifted by gains in energy and communications stocks. News about UBS Group acquiring troubled lender Credit Suisse, and the Federal Reserve's announcement that it has joined with other central banks to …
US, European stocks rise as banking crisis fears ease after Credit Suisse-UBS deal March 20, 2023 9:45 pm Mint UBS Group AG on Sunday announced that it has agreed to buy Credit Suisse Group AG for 3 billion Swiss francs in a Swiss government-brokered deal aimed at containing the global banking crisis. The S&P 500 rose 0.9% on Monday. The Dow Jones Industrial …

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By June Ramli

Australia is currently the most vulnerable country in the developed world to the crime of money laundering. Alongside Haiti and Madagascar, Australia is one of the three countries worldwide that have not implemented Tranche 2, a tightening of anti-money laundering and counter terrorism financing laws that will regulate the law, accounting and real estate industries. With no regulatory framework or government support many Australian businesses don’t know how to best protect themselves and most importantly still don’t realise the risky nature of current processes. Our chat today is going to be with Auckland-based First AML founder and CEO Milan Cooper, whose global company offers a technology solution that helps businesses to protect themselves against crime now.

In this podcast, we discuss:

What is Tranche 2?

Why is Australia lagging behind the rest of the developed world?

Some money laundering scandals that have taken place in Australia and what could have been done to avoid it and much more.

Without further ado, listen to the full interview here.

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Podcast: First AML CEO Milan Cooper

March 11, 2023

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