HAWK:AI recognized as one of the world’s most innovative RegTech companies in the RegTech100
Munich, 7 December – HAWK:AI has been recognized as one of the top 100 RegTech (Regulatory Technology) companies in the world by the RegTech 100 in a highly competitive field.
According to the RegTech100 press release, “A panel of analysts and industry experts voted from a longlist of nearly 1,200 companies produced by RegTech Analyst, a specialist research firm. Sixty new companies entered the RegTech100 for 2022 and the finalists were recognized for their innovative use of technology to solve a significant industry problem, or to generate efficiency improvements across the compliance function.”
This is another fantastic milestone for HAWK:AI, who recently appeared in the Fintech Innovators Rising Stars 2021 in November, the AIFinTech100 in September, as well as the EU Startups to watch list in August.
“It’s fantastic to be recognized for our innovative work in the RegTech industry,” says Tobias Schweiger, CEO and co-founder of HAWK:AI. “The time is right for banks and other financial institutions to address regulatory compliance challenges with technology, rather than headcount. 2021 was an important year in the fight against financial crime, and we look forward to doing our part in the years to come.”
In the official release, RegTech Analyst director of research Mariyan Dimitrov said, “Banks and other financial institutions are investing heavily into AI capabilities to automate highly manual regulatory tasks, support digital onboarding processes and monitor for fraudulent activity. The RegTech100 list helps them filter through all the vendors in the market by highlighting the leading companies in sectors such as identity verification, risk management, communications monitoring, information security and financial crime prevention.”
A full list of the RegTech100 for 2022 and detailed information about each company is available to download for free.