Digital DisruptorsFebruary 04, 202600:04:04

AirWallex: AML investigation and accounting impact

Australia's financial crimes regulator has launched an investigation into AirWallex regarding suspected anti-money laundering failures.

While the firm is cooperating fully, this news comes at a sensitive time for the accounting industry, particularly as Dext prepares to launch payments powered by the AirWallex engine.

As accountants, we must always balance the desire for rapid growth and efficiency with the rigorous security and AML checks our profession demands.