ZIGRAM Partners With Q2 Technologies to Expand Indonesia AML Business

Indonesia’s rapid shift toward digital financial services has increased pressure on banks and fintech companies to detect fraud, money laundering and other illicit activity across multiple channels. Global regulatory technology provider ZIGRAM is targeting that demand with anti-money laundering and financial-crime compliance tools designed to strengthen customer screening, transaction monitoring and regulatory reporting for institutions operating in the country.

ZIGRAM said it has formed a strategic partnership with Q2 Technologies to introduce its AML and financial-crime compliance platform in Indonesia. The arrangement combines ZIGRAM’s regulatory technology with Q2 Technologies’ local service and market capabilities as the companies pursue Indonesian financial institutions facing rising fraud and compliance risks. The announcement did not disclose the deal’s value, contract length, customer commitments or a specific deployment date.