Hawk Erweitert Series-B-Finanzierungsrunde Erneut

Hawk erweitert Series-B-Finanzierungsrunde erneut

Hawk announced an extension to its Series B financing round, with Macquarie Capital joining existing investors such as Rabobank, BlackFin Capital Partners, Sands Capital, DN, Picus, and Coalition. The company aims to leverage AI technology to reduce false-positive results in traditional AML/CFT solutions and detect more unknown crimes, while also accelerating international growth and meeting rising demand for AI-supported technology to combat financial crime.

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Hawk Emphasizes Technology's Role in Managing Financial Crime Risks in BaaS

BaaS Focus Turns to Managing Financial Crime Risks

Hawk, a provider of AI-supported anti-money laundering (AML) and fraud detection technology, has highlighted the critical role of technology in managing financial crime risks within Banking-as-a-Service (BaaS) partnerships. This insight comes amid increasing scrutiny from regulatory bodies such as the OCC, Federal Reserve, and FDIC, who are seeking effective risk management practices in bank-FinTech arrangements. Chris Caruana, Hawk's vice president of strategy, emphasized the need for a collaborative approach across traditionally siloed departments to develop a comprehensive understanding of potential threats in these partnerships.

Hawk provides solutions for financial institutions to increase risk coverage and maximize efficiency by combining modules in one interface. The company offers various services including payment screening, transaction monitoring, customer screening, customer risk rating, transaction fraud detection, and entity risk detection.

Award-winning AML & CFT technology powered by explainable AI increases your risk coverage, helps you identify more crime, and reduces your false positives. Combine AML transaction monitoring, payment screening, and pKYC in one tool & add fraud detection for even more comprehensive coverage.

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