Australia takes on the financiers of organised crime and terrorism

In what it says is the first partnership of its kind in the world, Australia has launched an alliance to fight the financing of terrorism and organised crime. Government officials, policemen, banks and platforms like PayPal will share information to help each other track suspicious movements of money.  The Fintel Alliance is also creating an innovation hub, to target emerging technologies like blockchain, as well as a university-accredited course, which will train a new generation of analysts in money laundering, organised crime, terrorist financing, the misuse of cryptocurrencies and darknet marketplaces.