Hawk is a leading provider of anti-money laundering (AML) and fraud prevention solutions, leveraging explainable artificial intelligence to enhance financial crime detection and compliance efficiency.

The Solutions Hawk Provides

Hawk offers a comprehensive suite of AML and fraud detection products designed to meet the diverse needs of financial institutions:

• Transaction Monitoring: Combines traditional rules with explainable AI to increase risk coverage and reduce false positives.
• Payment Screening: Automatically screens payments to identify and prevent suspicious transactions using powerful matching technology.
• Customer Screening: Screens against global sanctions lists, watchlists, politically exposed persons (PEP) lists, and adverse media databases.
• Customer Risk Rating: Maintains due diligence throughout the customer lifecycle using dynamic and static data to maximize risk coverage.
• AML AI Overlay: Enhances existing systems with tailored AML detection without the need for complete replacements.
• Transaction Fraud Monitoring: Monitors fraud and AML transaction behavior to detect fraudulent patterns across all channels and payment methods.
• Entity Risk Detection: Provides a clearer understanding of customers and networks to increase the effectiveness and efficiency of risk detection and investigations.

The Type of Customers Hawk Works With

Hawk serves a diverse clientele within the financial sector, including:

• Banks: Enhancing risk coverage and reducing operational costs with AI-powered AML and fraud prevention.
• Payment Companies: Improving regulatory compliance and reducing costs through advanced AML and fraud solutions.
• Neobanks: Providing modern, flexible technology solutions for financial crime detection and regulatory compliance.
• Fast-Growing Fintechs: Offering scalable AML compliance and fraud prevention with explainable AI tailored for fintech environments.
• Cryptocurrency Firms: Delivering end-to-end AML platforms for comprehensive crypto monitoring.

What Sets Hawk Apart

Several key factors distinguish Hawk in the AML solutions market:

• Explainable AI: Utilizes transparent AI models that provide clear reasoning behind detection decisions, facilitating trust and compliance.
• Modular and Scalable Platform: Offers a flexible, cloud-native architecture that allows institutions to select and scale solutions according to their specific needs.
• Significant Reduction in False Positives: Achieves an average reduction of 70% in false positives, enabling compliance teams to focus on genuine threats.
• Global Reach: Processes billions of transactions across 60 countries, demonstrating reliability and effectiveness on a global scale.
• Strong Partnerships: Collaborates with leading financial institutions and technology providers, underscoring its credibility and industry standing.

By integrating advanced AI with a deep understanding of financial compliance, Hawk AI empowers institutions to proactively combat financial crime while maintaining operational efficiency.