Hawk AI receives spotlight in 2022 Q4 Aite-Novarica Group report
Hawk AI has been featured in the Aite-Novarica Q4 2022 Risk Insights and Advisory Fintech Spotlight. The report profiles seven vendors offering innovative fraud, AML, and cybersecurity products and services to fintech firms and other financial institutions.
The report makes mention of Hawk AI’s four core differentiating factors:
Technology: Hawk AI’s solutions feature signature, patent-pending Explainable AI. T
Cost reduction: Hawk AI clients report reductions between 70% and 90% in false-positive rates, resulting in increased investigator efficiency.
Speed and ease: Hawk AI clients can start working efficiently from day one with out-of-the-box rule sets, AI models, and pattern library.
Future-readiness: Hawk AI’s cloud-native platform drives greater efficiencies and provides pattern data pooling and sharing, creating a powerful network effect with global reach. This effect enhances the effectiveness of AML operations while remaining fully compliant with privacy laws and regulations.
According to the report, financial institutions can use Hawk AI to “conduct transaction surveillance more effectively and efficiently, ensuring sustainable regulatory compliance.”
We are thrilled to be included in this quarter’s report. If you’d like to request the full report, you can do so here.