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Equifax Australia and Australian Finance Industry Association Join Forces to Help Combat AI-Driven Financial Fraud In Sector
24th Aug 2026

Equifax Australia has announced a new collaboration with the Australian Finance Industry Association (AFIA) to help strengthen fraud prevention efforts across Australia’s finance industry in response to growing concerns about the impact of criminal fraud.

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Equifax brings over 650 million global company records across 250+ countries and territories directly to Australian and New Zealand businesses, empowering confident cross-border trade and risk management.

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Q2 2026 Equifax Business Market Pulse reveals a 37% YoY increase in small to medium business exits, as data shows many businesses appear to be choosing voluntary closure over formal insolvency.

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Industry professionals attending an AML/CTF compliance summit to discuss outcome-focused strategies for KYC, KYB and KYP

Key highlights:

KYC now requires a broader approach, blending identity data with behavioural data to identify risk patterns. Criminals are using complex corporate ownership structures to hide behind, making interconnected commercial data critical for KYB. Successful KYP needs to blend the technology of regular screening with interpersonal conversations to help detect risk.
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Q2 2026 analysis by Equifax Australia into consumer credit trends highlights how households are navigating ever changing economic conditions.

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climate-reporting-Australia
More organisations are required to meet AASB S2 reporting standards from 1 July 2026. Organisations are needing practical data solutions that provide trusted, auditable data. Climate reporting isn’t just a regulatory compliance exercise; done well it delivers holistic insights for strategic guidance and stronger partnerships.
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Equifax Australia hosted senior financial services leaders, risk executives, and compliance specialists at the Equifax Australia AML/CTF Summit 2026 to address the critical operational shift facing reporting entities following recent regulatory reforms.

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Equifax can now share data via Snowflake Marketplace, giving brands and businesses access to fast and secure data sets including Australian consumer credit trends, consumer and commercial data.

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Equifax Australia and The Trade Desk, a global advertising technology leader, have announced a new data partnership that enables advertisers to activate premium, finance-based audience segments from Equifax directly within The Trade Desk platform.

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One-third of First Home Buyers are casting the net wider geographically to enter the market

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Q1 2026 Equifax Business Market Pulse shows low-risk borrowers consolidate demand enquiries while sub-prime entities accelerate shopping activity to secure credit.

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