Resource Center Industry insights, news, and announcements

By combining Know Your Customer’s digital onboarding and business KYC solutions with Hawk AI’s transaction monitoring capabilities, clients will have access to a comprehensive and integrated offering to centralise and harmonise the multiple and often complex elements of their AML programme

Every day, banks and financial services generate an enormous amount of data – transactions, and customer information, to name a few dimensions. With the volume consistently growing, the connections between different data points become increasingly fuzzy. This makes it harder to get valuable insights out of financial (and other) data and turn those insights into actions.

Money laundering is abnormal behavior, which should make it easy to spot. However, money launderers change their methods to avoid prosecution, which makes it difficult to detect financial crime. Emerging AI technology provides anti-money laundering teams with the anomaly detection power they need to catch and fight financial crime.

Capco and Hawk AI will team up to bring Hawk AI’s Anti-Money Laundering (AML) surveillance and Fraud prevention solution, powered by explainable AI, to more financial institutions. The partnership combines Capco’s decade-long experience in large financial services consulting projects and Hawk AI’s regulation expertise and technological leadership.

Together, Diebold Nixdorf and Hawk AI will collaborate in distributing and implementing Hawk AI’s advanced Anti-Money Laundering (AML) Surveillance and Fraud prevention Suite in banks to support them to fight financial crime even more effectively.

Hawk AI, Germany’s leading software provider of anti-money laundering surveillance technology for banks, payment firms, and fintechs, today announced a new partnership with Ondato, one of the leading tech companies in KYC and customer onboarding.  

Aux and HAWK:AI have formed a partnership to bring credit unions easy access to HAWK:AI’s suite of advanced financial fraud and AML solutions. The company combines advanced technologies such as machine learning and AI with regular rules-based fraud detection capabilities, thus, boosting the effectiveness of the anti-fraud teams at financial institutions.

Hawk AI is pleased to announce the appointment of AML/Fraud industry veteran Steve Liu as General Manager for the United States. In his role, Liu will be responsible for driving growth in the United States and the Americas more broadly.

Hawk AI announced a new partnership with Weavr, the technology company that makes it simple for any business to embed financial services into their digital applications.

With the partnership, Hawk AI’s AI-powered AML Transaction Monitoring will help COMO Global S.A. identify red flags using a comprehensive set of rules in combination with behavioral analytics. This early detection of suspicious activity is vital to surface new cases before they become real threats.

HAWK:AI, Germany’s leading provider of anti-money laundering surveillance technology for banks, payment companies and fintech, today announced a new partnership with IXOPAY, The industry-leading payment orchestration platform and white label solution.

One of the key responsibilities for payment providers under anti-money laundering (AML) regulations is to monitor transactions. We’re going to explore what that involves and how HAWK:AI can help streamline the process.