Hawk Wins for AI Anomaly Detection in the Chartis RiskTech AI 50

Hawk has been recognized by Chartis as one of the RiskTech AI 50 for 2024. 

Hawk was also the winner of the solution category award for Innovative Use of AI for Anomaly Detection. 

Hawk’s AI anomaly detection technology is enabling financial institutions to see a three- to five-fold increase in AML and fraud risk detection. Using AI brings numerous advantages to banks and payment firms, including increased risk coverage, speed, accuracy, and scale. 

“This recognition from Chartis underscores Hawk's commitment to provide the most effective AI-driven anti-financial crime risk technology,” said Chris Caruana, VP of Strategy at Hawk. 

Chartis evaluated the technology vendors on four key criteria: impact, deployment, strategy, and innovation. With these awards, Chartis aims to “look beyond the hype,” giving the spotlight to AI solutions that provide real value to financial services firms. According to Chartis, “AI tools will increasingly become core components of risk and analytics.” 

Hawk has received various awards for its financial crime risk management technology. This award follows Hawk’s inclusion in the 2024 Chartis Financial Crime & Compliance 50. 

Request a demo to learn more about Hawk’s AI Anomaly Detection technology.