A bug’s life: fight against blockchain money laundering

Rachel St Clair
Reporter
26 Aug, 2026
The smallest and hardest-working of the animal kingdom could be carrying the weight of financial crime fighting on its back, with new blockchain money laundering tech modelled on insect’s and bird’s behaviour.
A bug’s life: fight against blockchain money laundering

The smallest and hardest-working of the animal kingdom could be carrying the weight of financial crime fighting on its back, with new blockchain money laundering tech modelled on insect’s and bird’s behaviour.

Subscriber article

This article is available to PayDay News subscribers.

trending

Tyro's share price took another hit yesterday as the company delivered its FY26 guidance with profit before tax jumping 40 per cent and elevated Nigel Lee from CEO
Stripe Treasury gives Australian customers a unified financial platform to manage incoming and outgoing flows across currencies from a single account, bypassing multi-day settlements from traditional institutions.
Commonwealth Bank has launched PaidIt, combining identity verification and real-time payments to help organisations find recipients and deliver settlements, remediation payments and refunds as cheques disappear.
With organic growth at 6%, the company concedes an already flat acquiring line will be its challenged business in FY27 but claims interchange cuts won’t hit issuing revenue.
Westpac New Zealand has added personalised cashback offers to its hotpoints Mastercard program, using customer spending patterns to deliver targeted merchant rewards directly through its Westpac One digital

RELATED STORIES ▸

CBA builds tokenised deposit capability and joins a global stablecoin consortium, as ANZ readies cross-border digital money
CBA builds tokenised deposit capability and joins a global stablecoin consortium, as ANZ readies cross-border digital money
CBA builds tokenised deposit capability and joins a global stablecoin consortium, as ANZ readies cross-border digital money
Australia's biggest bank CBA is working on the tokenised deposits capability, and with a global consortium for stablecoins, as it ...
Aussie Swyftx secures AFSL to broaden payments ambitions
Aussie Swyftx secures AFSL to broaden payments ambitions
Aussie Swyftx secures AFSL to broaden payments ambitions
Crypto brokerage Swyftx has secured an Australian Financial Services Licence, paving the way for future payment products as it expands ...
Banking Circle Australia leadership shake-up after NPP blow-ups
Banking Circle Australia leadership shake-up after NPP blow-ups
Banking Circle Australia leadership shake-up after NPP blow-ups
What the company describes as “a planned and carefully governed succession” in Australia, comes as the global group is making ...
Banking Circle opens Australia to pipeline of global stablecoin players
Banking Circle opens Australia to pipeline of global stablecoin players
Banking Circle opens Australia to pipeline of global stablecoin players
Banking Circle is expanding its Australian stablecoin push, introducing a pipeline of international digital asset firms to local payment rails ...
An Australian fintech just made the first legal crypto bet in Nevada history
An Australian fintech just made the first legal crypto bet in Nevada history
An Australian fintech just made the first legal crypto bet in Nevada history
Aussie fintech BurraPay spent a decade building the compliance plumbing that finally got Bitcoin past the Nevada Gaming Control Board. ...
ACCC assesses competition impact of Mastercard’s BVNK acquisition
ACCC assesses competition impact of Mastercard’s BVNK acquisition
ACCC assesses competition impact of Mastercard’s BVNK acquisition
The ACCC has called for submissions about the potential competition impacts of Mastercard’s proposed $1.8 billion acquisition of stablecoin infrastructure ...

Got a story to share?

Get in touch with PayDay News today!

Advertising Enquiry

Fill out the form below, and we will be in touch shortly.

Contact Information

Got a story to share

Fill out the form below, and we will be in touch shortly.

Contact Information