Palantir (PLTR) Awarded AUSTRAC Renewal to Support Financial Criminal Investigations

PLTR Palantir

Palantir Technologies Inc. (PLTR) announced that the Australian Transaction Reports and Analysis Centre (AUSTRAC) renewed its partnership for the ongoing delivery of an intelligence data analysis platform to support the AUSTRAC mission of protecting Australia’s financial system from criminal abuse.

Since 2017, Palantir has partnered with AUSTRAC to optimise their use of financial data in support of criminal investigations. AUSTRAC builds resilience in the financial system and uses financial intelligence and regulation to disrupt money laundering, terrorism financing, and other serious crime.

AUSTRAC utilizes Palantir Technologies’ Gotham and Foundry software platforms to integrate and fuse large-scale data across their enterprise, driving decisions and operational outcomes.

“We are proud to continue and expand our partnership with AUSTRAC and remain firmly committed to supporting their mission,” said Mike Kelly, Head of Palantir Australia. “AUSTRAC personnel are using Palantir’s software to identify national security threats and to detect and disrupt criminal networks – a real contribution to making Australia safer.”

About Palantir Technologies Inc.

Foundational software of tomorrow. Delivered today. Additional information is available at https://www.palantir.com

Previous Article

Block’s (SQ) Response to Inaccurate Short Seller Report

Next Article

SEC Charges Crypto Trading Platform Beaxy and its Executives for Operating an Unregistered Exchange, Broker, and Clearing Agency

You might be interested in …

DOCU DocuSign

DocuSign (DOCU) Reports Strong Third Quarter Results

DocuSign (DOCU) reported strong third-quarter figures, that beat analysts’ expectations on revenue, net income and billings. CEO Allan Thygesen said that the company was making “continued progress against our critical priorities.” Here are the key points: