Free set up for all new subscriptions before Nov 30th 2023. Save $1,000. Book a demo now
Free set up for all new subscriptions before Nov 30th 2023. Save $1,000. Book a demo now
AML360 is a credible Sydney-built AML/CTF compliance platform with managed services attached. IdentityCheck delivers the same end-to-end Tranche 2 workflow — embedded inside the practice software your team already uses, with transparent monthly pricing and no managed-services bundling.
Both are AU-built for Tranche 2. The difference is whether AML lives inside your workflow or alongside it.
Runs inside XPM, Karbon, HubSpot, FYI, and 100+ other platforms. No separate AML login. No re-entering client data.
Published tiers, month-to-month, no consultation required to see the price. No bundled services you didn't ask for.
Sign up, connect your practice software, run your first check the same day. No multi-week implementation engagement.
Built specifically for AU accountants and legal firms preparing for AUSTRAC Tranche 2. Not a global firm with an Australian practice.
AML360 is a Sydney-built standalone platform with managed services. IdentityCheck is a focused software product that runs inside your practice software.
| Capability | IdentityCheck | AML360 |
|---|---|---|
| Runs inside practice software | ✓ | ✗ |
| 100+ native platform integrations | ✓ | ✗ |
| Transparent published pricing | ✓ | ✗ |
| Software-only purchase available | ✓ | services bundled |
| Self-service signup | ✓ | ✗ |
| Free trial without sales call | ✓ | ✗ |
| Live the same day | ✓ | ✗ |
| AUSTRAC Tranche 2 aligned | ✓ | ✓ |
| Sanctions / PEP / Adverse Media screening | ✓ | ✓ |
| Biometric ID verification | ✓ | ✓ |
| Risk assessment workflow | ✓ | ✓ |
| Managed compliance officer service | via partner | ✓ |
| Built specifically for AU regulatory environment | ✓ | ✓ |
AML360 is a legitimate AU Tranche 2 platform, particularly for firms wanting bundled managed services and compliance officer outsourcing. IdentityCheck is the better fit for firms wanting clean, embedded software at transparent monthly pricing — without the services bundle.
Six steps, all inside the software your team already uses every day.
Right-click a contact in your practice software. Verification starts.
Your client receives a verification link by email or SMS. No app download.
Source of funds, designated services, AML risk indicators captured.
Government-issued ID + selfie. Liveness and tampering detection. 230+ countries.
PEP, Sanctions, Adverse Media — three layers, automated.
Operational record in your PMS plus 7-year secure vault for audit.
The technology layer of AUSTRAC Tranche 2 compliance, in one product.
230+ countries. Passive liveness detection. Document tampering detection. Under one minute per check.
Sanctions (70+ lists, refreshed every 30 min). PEP (3,000+ sources, daily). Adverse media (15,000+ sites).
Staff complete a structured assessment inside the client record. Secured by 4-digit PIN. Documented for audit.
Daily re-screening against updated lists. Alerts on changes. AUSTRAC-compliant frequencies, configurable per risk rating.
AUSTRAC-ready audit reports on demand. 7-year vault retention. Operational record in your PMS.
In-product orientation gets your team up to speed in minutes. Advanced training and full compliance program available via partner network.
Multi-entity onboarding form for business and trust structures. Optional full UBO reports via CreditorWatch partnership.
Bulk upload staff for biometric ID and AML screening. Know Your Employee obligations met inside the same workflow.
From 1 July 2026, accountants, lawyers, and real estate agents in Australia must comply with AUSTRAC's AML/CTF obligations. Compliance officer notification is required by 30 May 2026.
Instead of adding a separate AML platform — and a multi-week consulting engagement — IdentityCheck runs compliance checks inside the practice software your team already uses. AUSTRAC has indicated zero tolerance from 1 July; civil penalties extend to $33M for corporate non-compliance.
Learn about Tranche 2 prep →Real outcomes from firms running IdentityCheck inside their practice software today.
"Onboarding dropped from over an hour to under five minutes. The team didn't need any retraining — it's right there in the software they already use."
"We estimate at least a 5–10× ROI from IdentityCheck. The compliance work that used to swallow days now runs in the background."
"It's been a well-oiled machine. Our clients have a smoother experience and we have a cleaner audit trail."
AML360 is a hybrid: a Sydney-built compliance platform paired with managed services and professional oversight. Their offer assumes you want both software and outsourced compliance officer services. IdentityCheck is a pure software product that runs inside the practice software your team already uses (XPM, Karbon, HubSpot, FYI, 100+ others) — no managed services bundle, transparent monthly pricing, and AML/CTF program structure available via partner network if needed (not bundled).
The technology layer, yes — KYC verification, AML screening (PEP, Sanctions, Adverse Media), risk assessment, ongoing monitoring, dual record-keeping (PMS plus 7-year vault), AUSTRAC-ready audit reports, and Know Your Employee screening. For firms also needing a full AML/CTF compliance program (policy, documentation, ongoing program governance), our partner network covers the program-structure side.
It is already in production with Tranche 2-bound firms. The Tranche 2 workflow has been live since early 2026, with the AUSTRAC enrolment process supported and the 30 May 2026 compliance officer notification deadline factored into onboarding guidance.
Native integrations with XPM, Karbon, FYI, HubSpot, Pipedrive, Salesforce, MYOB, Xero, QuickBooks, NetSuite, Greatsoft, Employment Hero, Zapier, and 100+ others. AML360 operates as a standalone cloud platform — it does not run inside practice management software like XPM, Karbon, FYI, or HubSpot.
IdentityCheck has published pricing (Starter, Professional, Business tiers) with per-check pricing of approximately $7 per check, month-to-month. AML360 doesn't publish pricing — every quote requires a sales consultation, and pricing typically reflects bundled managed services rather than software-only.
Yes. Self-service signup, no minimum commitment, free trial without a sales call. The Starter tier is purpose-built for sole practitioners and small accounting firms preparing for Tranche 2 without the budget for an enterprise consulting engagement.
No setup fees. No lock-in. Live the same day. Built for Australian firms.