Australian buyer's guide · 22 July 2026

Best AML software in Australia for your type of business.

There is no universal “best” AML platform. This shortlist maps seven products to the buying situations where each is strongest.

The shortlist

Seven products, seven different strengths.

Software	Best for	Pricing approach	Core scope	Details
2Verify	Small and medium Australian practices	Free tier; paid from $49/month	Practice onboarding and AML workflow	Details
First AML	Mid-market and larger organisations	Price on application	Global AML, KYC and KYB platform	Details
FrankieOne	Banks, fintechs and digital platforms	Custom quote	Identity and fraud orchestration	Details
TrustEasy	Australian accounting firms	$100/month billed annually listed by Xero	AML/CTF and accounting ecosystem	Details
greenID	Identity-verification infrastructure	Contact sales	Data, document and biometric IDV	Details
NameScan	Dedicated screening and monitoring	Varies by product and usage	PEP, sanctions and adverse media	Details
Sumsub	Global digital businesses	Check current regional packages	Global verification and compliance	Details

Pricing and capabilities are based on publicly available information reviewed 22 July 2026. Confirm current scope, minimums, implementation fees, usage charges and GST treatment with each vendor.

Selection criteria

How to choose AML software

Start with your operating model. A low per-check price can be misleading if staff still need spreadsheets, separate screening tools or manual evidence packs.

1The customers and countries you need to verify
2Individuals, companies, trusts and beneficial owners in your client base
3Whether you need software, an outsourced service or both
4Screening, monitoring and false-positive review requirements
5Integrations, API access and internal implementation capacity
6Total cost including subscription, checks, setup and staff time

Best for smaller practices

Why 2Verify leads our shortlist for Australian practices

2Verify combines a client-facing journey with identity, entity, beneficial-ownership, screening, risk and audit workflows. The free tier and published paid plans make it possible to test with real matters before a larger commitment.

Start free See pricing

Individuals, companies, trusts and SMSFs
Identity, PEP and sanctions review
Beneficial-ownership collection
Risk assessment and evidence workflow
Secure client portal and team workspace
Managed integrations and API options on eligible plans

Detailed comparisons