Knowledge Hub Your trusted source for information on AI in financial crime
At this year’s ACAMS Hollywood conference, Hawk AI hosted a panel discussion with experts from CSI and Oliver Wyman about the innovative ways that financial institutions can overcome inertia and seamlessly integrate new financial crime and fraud detection technology into their operations. The panel discussed the appetite for cloud and AI/Machine Learning technology, the obstacles to Implementing new technology, system augmentation vs. “rip and replace,” making the business case for new technology, and more.
Fraud and Anti-Money Laundering (AML) are converging. In a webinar on FRAML, experts from Hawk, North American Bancard, and Global Vision Group discussed regulatory and market pressures on financial institutions, information silos between Fraud and AML teams, degrees of FRAML integration, using AI to detect fraud and financial crime, and combining human and tech power to achieve FRAML goals.
Alviere, the leading embedded finance platform provider, announced today that it has selected Hawk AI, a leading global provider of anti-money laundering (AML) and fraud prevention technology for banks and payment companies, as an AI-powered surveillance suite provider to help enable expansion into new markets.
At a recent Fraud & Financial Crime conference in New York, Hawk AI co-founder and CTO/CPO Wolfgang Berner addressed the obstacles to trusting AI, and the steps that FIs can take to overcome them.
Powered by an AI/ML-backed system, global regtech leader adds WatchDOG® Fraud and WatchDOG® AML to advanced suite of products to combat financial crimes
VR Payment, der Zahlungsspezialist der genossenschaftlichen FinanzGruppe Volksbank Raiffeisenbanken und Teil der DZ BANK Gruppe, verkündet seine Zusammenarbeit mit Hawk AI, Deutschlands führendem Anbieter von Software zur Geldwäschebekämpfung und Betrugsprävention.
VR Payment, the payment service provider for Volksbank Raiffeisenbanken and part of the DZ BANK Group, announces its collaboration with Hawk AI, Germany's leading provider of anti-money laundering and fraud prevention software.
At a recent webinar, experts from Hawk AI and Aux discussed all these issues and more, as well as the solutions that credit unions can employ to get a holistic view of their members and ease the burdens on their compliance teams.
Hawk AI, Germany’s leading provider of anti-money laundering surveillance technology for banks, payment companies, and fintechs, today announced a new partnership with Nikulipe, a Fintech company specializing in Local Payment Methods (LPMs) in Fast-Growing and Emerging Markets
Munich, January 26, 2023 – Hawk AI, Germany’s leading provider of anti-money laundering (AML) and fraud prevention technology for banks and payment companies, announced $17M in Series B financing to accelerate product development and global expansion.
Building the AML compliance function of a financial services business right the first time will save time, money, and stress in the long run. Not only that, but proactive AML compliance can promote innovation and help bring new products to market more quickly. Viewing AML compliance as a business driver helps to set a foundation of sustainable growth and innovation.
Financial criminals are becoming increasingly sophisticated, and so are the tools needed to catch them. Trust and transparency are key to successful deployment. AI models that emphasize explainability and auditability act as virtual teammates that work in partnership with their human operators.