Resource Center Industry insights, news, and announcements

In May 2023, Hawk AI participated in the PwC Hackathon at ACAMS Hollywood.

The competition aimed to identify maximum suspicious transactions and/or new trends in the provided data and artfully present our findings. Based on our company vision of streamlining the process for frontline operators and enabling them to efficiently generate high-quality true positive Suspicious Activity Reports (SARs), our data science and product teams set on working through the supplied data sets to detect financial crime.

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 Scorechain, the leading crypto AML compliance solution provider, to unveil a holistic end-to-end transaction monitoring solution for comprehensive compliance.

At this year’s ACAMS Hollywood conference, Hawk AI hosted a panel discussion with experts from CSI and Oliver Wyman about the innovative ways that financial institutions can overcome inertia and seamlessly integrate new financial crime and fraud detection technology into their operations. The panel discussed the appetite for cloud and AI/Machine Learning technology, the obstacles to Implementing new technology, system augmentation vs. “rip and replace,” making the business case for new technology, and more.

Fraud and Anti-Money Laundering (AML) are converging. In a webinar on FRAML, experts from Hawk, North American Bancard, and Global Vision Group discussed regulatory and market pressures on financial institutions, information silos between Fraud and AML teams, degrees of FRAML integration, using AI to detect fraud and financial crime, and combining human and tech power to achieve FRAML goals.   

At a recent Fraud & Financial Crime conference in New York, Hawk AI co-founder and CTO/CPO Wolfgang Berner addressed the obstacles to trusting AI, and the steps that FIs can take to overcome them.

Alviere, the leading embedded finance platform provider, announced today that it has selected Hawk AI, a leading global provider of anti-money laundering (AML) and fraud prevention technology for banks and payment companies, as an AI-powered surveillance suite provider to help enable expansion into new markets.

VR Payment, der Zahlungsspezialist der genossenschaftlichen FinanzGruppe Volksbank Raiffeisenbanken und Teil der DZ BANK Gruppe, verkündet seine Zusammenarbeit mit Hawk AI, Deutschlands führendem Anbieter von Software zur Geldwäschebekämpfung und Betrugsprävention.  

VR Payment, the payment service provider for Volksbank Raiffeisenbanken and part of the DZ BANK Group, announces its collaboration with Hawk AI, Germany's leading provider of anti-money laundering and fraud prevention software.

At a recent webinar, experts from Hawk AI and Aux discussed all these issues and more, as well as the solutions that credit unions can employ to get a holistic view of their members and ease the burdens on their compliance teams.

Hawk AI, Germany’s leading provider of anti-money laundering surveillance technology for banks, payment companies, and fintechs, today announced a new partnership with Nikulipe, a Fintech company specializing in Local Payment Methods (LPMs) in Fast-Growing and Emerging Markets

Munich, January 26, 2023 – Hawk AI, Germany’s leading provider of anti-money laundering (AML) and fraud prevention technology for banks and payment companies, announced $17M in Series B financing to accelerate product development and global expansion.

Building the AML compliance function of a financial services business right the first time will save time, money, and stress in the long run. Not only that, but proactive AML compliance can promote innovation and help bring new products to market more quickly. Viewing AML compliance as a business driver helps to set a foundation of sustainable growth and innovation.