Hawk Named “Technology Standout” in New Celent Anti-Fraud Solutions Report
Hawk, the leading provider of AI-powered fraud prevention, anti-money laundering (AML), and screening solutions, has been recognized as a Technology Standout in the latest Celent report, Building Trust with Technology: Anti-Fraud Solutionscape and Technology Capabilities Matrix, for its advanced fraud prevention capabilities.
The Celent report profiled 37 global anti-fraud technology providers. Firms are positioned on Celent’s Solutionscape based on both the breadth of their functionality and the sophistication of their technology, making Hawk’s Technology Standout commendation a marker of advanced innovation in the market.
Hawk was recognized for its immediate fraud detection capabilities through the Day One Defense Models, as well as its intuitive interface with natural language alert explanations and visualized network analysis. Celent also pointed to Hawk’s integrated fraud and AML (FRAML) capabilities as a differentiator, enabling institutions to unify detection and compliance in a single platform.
"Legacy fraud systems are struggling to keep pace with fast-moving threats. To fight the flood of fraud, financial institutions need to combine real-time detection with the power of AI, and Hawk is setting the standard for both,” said Hrishi Talwar, VP of Product, Fraud at Hawk. “Through continued innovation, such as our rapidly trained models that help deliver immediate results from AI, we're enabling fraud teams to accurately pinpoint fraudulent activity and complete investigations faster than ever."
Learn more about Hawk’s Transaction Fraud technology or read the full Celent report here.