Stakk Secures IBM Deal to Expand AI Services in Australia and New Zealand

Stakk Limited has secured a new contract with IBM to deploy its AI-powered document processing and validation technology across Australia and New Zealand. This deal builds on an existing relationship between ParaScript and IBM in the U.S. and underscores Stakk’s expertise in fraud-focused digital trust infrastructure. The company’s technology automates the extraction and verification of document data, enabling more accurate and cost-effective decision-making for large enterprise clients.

The IBM agreement, set to begin in October 2026 and run through September 2027, is expected to significantly boost Stakk’s revenue for FY2027. However, the exact financial impact will depend on processing volumes. This contract follows recent wins with Candescent and the FBI, demonstrating Stakk’s ability to secure high-profile engagements and expand internationally without increasing its cost base.

Stakk Limited is an ASX-listed company specializing in AI-driven digital trust infrastructure. Its platform integrates document intelligence, digital personas, and federated signal intelligence to support identity verification, fraud prevention, and real-time decision-making for various industries, including finance, government, healthcare, and telecommunications.