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PayDay News | Australian Payments News

ANZ joins tobacco fight as AUSTRAC presses remitters on child exploitation payments

Senior Business Correspondent
26 Nov, 2025
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Michael Sainsbury
Senior Business Correspondent
26 Nov, 2025
Add us as a preferred source on Google
ANZ, like its peers and PSPs, has not revealed how many illicit tobacco merchants have been cut off, as AUSTRAC orders an audit of WorldRemit for child exploitation payments and targets others.
ANZ joins tobacco fight as AUSTRAC presses remitters on child exploitation payments
ANZ chief executive Nuno Matos says the bank is using AI to help identify customers who may be peddling illicit tobacco. Background picture credit: George Becker

ANZ, like its peers and PSPs, has not revealed how many illicit tobacco merchants have been cut off, as AUSTRAC orders an audit of WorldRemit for child exploitation payments and targets others.

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