Quorsus partners with Xapien to transform AML compliance across Australian industries

Xapien has entered into a strategic partnership with Quorsus, an experienced and innovative financial crime consultancy in Australia. This alliance combines Quorsus’s extensive experience in financial crime risk management and compliance with Xapien’s cutting-edge, AI-powered dynamic due diligence platform.

Dynamic due-diligence, provided by Xapien via Quorsus, enables a comprehensive, outcomes-focused risk-based approach to AML compliance. The fully automated, AI-powered platform delivers full due diligence reports at all stages of CDD, ensuring a gold standard risk-based approach.

Following the recent passage of AUSTRAC’s AML/CTF Amendment Bill in November 2024, Australian businesses in sectors such as real estate, legal services, accountancy, precious metals, and company services face stringent new regulatory requirements. These businesses must adopt robust AML programs and implement targeted, risk-based due diligence by 1st July 2026.

The Quorsus-Xapien partnership addresses these challenges. Leveraging Xapien’s advanced AI-driven due diligence technology, Quorsus will deliver comprehensive, standardised due diligence reports, significantly enhancing AML compliance effectiveness, reducing regulatory risk, and driving operational productivity for Australian firms.

Murat Binyazar, Director and co-founder of Quorsus said, “We’re excited to partner with Xapien to help Australian businesses navigate this critical regulatory shift. Combining Quorsus’s deep expertise in financial crime with Xapien’s advanced AI-driven platform positions us uniquely to deliver practical, streamlined, and highly effective due diligence solutions. Our joint offering ensures our clients not only meet new AML requirements seamlessly but also gain efficiency, quality improvements and compliance benefits.”

Quorsus will support clients through tailored advisory services, integration and practical training, ensuring seamless adoption and maximisation of Xapien’s AI-platform capabilities.

Chris Green, CEO and co-founder of Xapien, added, “By teaming up with Quorsus, organisations benefit from leading financial crime consultancy and access to our groundbreaking technologies built to protect them from tomorrow’s volatile, uncertain, complex, and ambiguous risk landscape.”

Together, Quorsus and Xapien bring a powerful, proactive approach to AML compliance that positions Australian businesses effectively for regulatory success and sustained competitive advantage.

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About Xapien

Founded by deep technology experts with decades of experience in intelligence and financial crime, Xapien applies cutting edge artificial intelligence and natural language processing to deliver on-demand research for businesses seeking to truly understand their third parties. Xapien’s dynamic due diligence SaaS platform is transforming how the world deals with counterparts. It enables anyone to know who they are in business with, a capability available until now only to organisations with significant resources

For more information visit www.xapien.com or follow us on LinkedIn.

For media inquiries, please contact:

Jessica Denny Jessica.Denny@xapien.com

About Quorsus

Quorsus, an experienced and innovative financial crime consultancy in Australia is committed to helping organisations effectively combat financial crime, fraud, money laundering and terrorism financing. Quorsus delivers practical, outcome-focused solutions tailored to their clients’ specific needs. Led by an experienced team of professionals, Quorsus brings deep expertise in AML/CTF compliance, financial crime and fraud risk management, transformation and strategic operational design. For more information, visit www.quorsus.com.au or follow us on LinkedIn.

For Media enquiries, please contact:

Murat Binyazar murat@quorsus.com.au