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Identitii Partners with Cherry Hub to Enhance AML/CTF Compliance in Hospitality Sector

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The latest announcement is out from Identitii Ltd. ( (AU:ID8) ).

Identitii Ltd. has announced a collaboration with Cherry Hub to deliver a tailored AML/CTF solution for Australia’s hospitality and gaming sector. This partnership aims to simplify compliance for over 600 venues by integrating Identitii’s BNDRY platform with Cherry Hub’s existing systems, reducing costs and complexity. This initiative comes at a crucial time as AUSTRAC increases its focus on these industries, and it also positions the solution to potentially serve over 100,000 additional entities in the future, including real estate agents and law firms.

More about Identitii Ltd.

Identitii Ltd. operates in the financial technology industry, providing compliance solutions primarily focused on Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) for various sectors. The company is known for its BNDRY platform, which facilitates compliance by connecting and integrating AML/CTF solutions tailored for industries beyond traditional financial institutions.

YTD Price Performance: -28.57%

Average Trading Volume: 638,685

Technical Sentiment Signal: Buy

Current Market Cap: A$5.42M

Find detailed analytics on ID8 stock on TipRanks’ Stock Analysis page.

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