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Verification + Monitoring

WatchEye

Editorial review · independently vetted Last updated May 2026No star rating · methodology-led

Verification + ongoing monitoring as a managed service. Catch what your program would otherwise miss.

Headquarters
Australia
Team
Australian-supported
Support
Australian business hours
AUSTRAC reporting
Reporting workflow
At a glance

Product, pricing, and fit.

Product type
Verification + Monitoring
Pricing model
Subscription / Pay-per-check
Integrations
REST APIWebhooksCRM integrations
About WatchEye

What this product actually does.

WatchEye combines biometric ID verification with ongoing monitoring of customers against sanctions, PEP and adverse media lists. The product sits well alongside a lighter-touch program platform: WatchEye does the screening heavy-lifting; you keep the program documentation and reporting in your existing tool.

Features

Inside the product.

Biometric ID verification

Australian-grade biometric and document verification.

Continuous monitoring

Daily re-screening of your customer base — alerts for new matches.

Risk scoring

Configurable customer risk score consumable from your systems.

Choose WatchEye if…
  • You want continuous monitoring built into your customer base, not just one-off checks.
Pricing

Indicative pricing.

Pay-per-check
From A$3/check
  • ID verification
  • One-off screening
Monitoring subscription
Quote
  • Continuous monitoring
  • Webhook alerts
Company

About the business behind the product.

Headquarters
Australia
Australian support
Australian business hours
FAQ

WatchEye — common questions.

What does 'continuous monitoring' actually do?

WatchEye re-screens your existing customer base daily against updated sanctions, PEP and adverse media lists. If a customer becomes a new match — for example, gets added to a sanctions list — you receive a webhook alert with the match detail and a recommended action.

Do I need a full AML platform to use WatchEye?

No. WatchEye is designed to slot in alongside whatever you use for program documentation and reporting. Many firms run WatchEye for verification and ongoing monitoring while keeping their Part A & B program in a lighter-touch tool or in document form.

How does WatchEye's risk scoring work?

Each customer is assigned a configurable risk score based on identity verification result, screening matches, and risk attributes you define. The score is consumable from your CRM or system of record so your team sees it in their existing workflow.

How long does onboarding take?

Most Australian SMEs are live in 2–4 weeks. Larger or multi-entity setups can take 4–8 weeks. The provider typically offers a guided onboarding call, document templates, and a structured rollout plan.

Do they handle AUSTRAC enrolment for me?

Most providers will guide you through AUSTRAC enrolment but the legal registration is done by you as the reporting entity. Templates, walkthroughs and reviewed answers are usually included.

What happens after Tranche 2 commences on 1 July 2026?

Ongoing obligations apply: continuous CDD, monitoring, suspicious matter reporting, training refreshes, and annual independent review. The provider's subscription typically covers all of this on an ongoing basis.

Can I cancel if it's not the right fit?

Most subscriptions are month-to-month or annual with a fair cancellation window. Your AML program documentation remains yours regardless. Confirm specific terms during your sales conversation.

How we vet

Why WatchEye is on CompareAML.

AUSTRAC alignment

Provider's product approach mapped to current Tranche 2 reform guidance.

Australian SME fit

Pricing and onboarding suited to small and mid-sized Australian businesses.

Sector experience

Demonstrated experience in the sectors the provider serves.

Independence note

WatchEye pays a flat listing fee to appear on CompareAML. We do not earn a commission on any business you do with them. Independent matching is generated separately from sponsored placements. How we're paid →

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Sector pages

WatchEye serves 3 sectors. See obligations and matched providers for each: