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AI in Anti-Financial Crime: Using an Overlay to Leverage AI without Ripping and Replacing a Legacy Solution

Deloitte and Hawk have written a new white paper about how financial institutions can use overlays to leverage AI without disrupting operations by ripping and replacing their legacy systems. 

5 Takeaways from Wolfsberg Group Guidance on Monitoring for Suspicious Activity

Learn about the Wolfsberg Group's Statement on Effective Monitoring for Suspicious Activity, which recommends that banks move from AML transaction monitoring only to a broader approach incorporating more customer data. 

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Hawk, the leading provider of AI-powered technology for fraud prevention and anti-money laundering (AML), today announced a further extension of its Series B financing, with Macquarie Group joining existing investors. 

Hawk wins for AI anomaly Detection in Chartis RiskTech AI 50

Hawk has been recognized by Chartis as one of the 2024 RiskTech AI 50, winning the solution category award for Innovative Use of AI for Anomaly Detection. Hawk's Anomaly Detection technology helps FIs increase risk detection by 3-5x. 

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Financial institutions looking to boost their real-time risk detection and investigation capabilities can now use a groundbreaking innovation from Hawk.

Rabobank joins Hawk investors

Hawk, the leading provider of AI-powered technology for fraud prevention and anti-money laundering, today announced the extension of its Series B financing, with a substantial increase in valuation. 

How AML Tech Facilitates Growth While Maintaining Compliance

Learn how banks and other financial institutions can facilitate partnerships with BaaS providers to create new business opportunities while maintaining AML compliance. 

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Learn how Generative AI can help Financial Institutions detect sanctions violations, money laundering, and fraud, aid investigations, and improve QA processes. We also discuss hurdles to using this technology and how to overcome them. 

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The FCA has recognized machine learning, entity resolution, and network analysis as key tools in the fight against financial crime going forward.

Hawk selected for FinTech Global's 2024 FincrimeTech50

Hawk has been named one of the 2024 FinTech Global Fincrime Tech 50 for providing technology addressing financial institutions' money laundering, risk management, onboarding, sanctions, and financial crime prevention challenges.

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Michael Shearer, Former Group Head of Compliance Product Management at HSBC, will share hands-on advice during How AI-Based Financial Crime Detection Works.

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A combined Fraud Prevention and Anti-Money Laundering (FRAML) solution can help financial institutions safeguard their operations.  We cover five essential questions to determine whether a particular FRAML solution is a good fit for your FI.