Hawk

Hawk is proud to be a truly international company. With exceptional talent from 28 nations and offices around the globe, 'Our Team Is Why We Win' sits at the core of our values. We're hiring, so come and join us in the fight against financial crime! Named one of the fastest-growing tech companies in Europe in 2024, we're continuing our growth in 2025. Check out our vacancies in Product, Engineering, Solution Consulting, and Marketing, with roles in the US, the UK, and Germany: https://lnkd.in/dm6qTcxP Make an impact that matters; at Hawk, your work helps combat financial crime globally, every single day.

What are the key trends in AML & Fraud for 2025? 65% of financial institutions plan to invest in real-time payment fraud solutions, according to the Datos Insights top ten list. AI will play a big role in this. How? 1/ Speed & Precision With ten seconds or less to process an instant payment, banks must employ systems and technology that can perform precise checks on the payments as soon as they occur. As false payment blocking negatively affects the customer, high-precision detection is paramount. Without technology that can precisely process and analyze data at speed, banks will be left in the dust by fraudsters. 2/ Scalability Offering instant payments will likely increase a bank’s transaction volume and cause more seasonal and event-based payment surges. Banks need the capacity to screen and verify the payments as the volumes grow and fluctuate. Without systems and technology designed for scalability, the risk to a bank’s bottom line posed by instant payment fraud will increase. 3/ Pattern & Anomaly Detection AI is effective at predicting known patterns of fraud with high precision. However, emerging fraud patterns are difficult to predict. Since it’s nearly impossible for a bank to hire enough human investigators to review all instant payments, it will need AI models built on sound data science that can detect “unknown unknowns” with a high degree of certainty. These models detect how a specific transaction deviates from billions of other transactions analyzed, as well as other transactions in a comparable context. Banks need to find and block fraud quickly and at massive scale. The best way to do this is with AI-powered anomaly detection. 4/ False Positive Reduction In addition to detecting and blocking fraudulent transactions, banks will need to reduce the number of false positives blocked by their fraud systems, especially with rules in place. Blocking a transaction that is not actually fraud damages customer experience and increases friction in the instant payment process. By employing AI models designed to reduce false positives, banks can avoid these negative customer outcomes and continue to grow their business. How can Hawk prevent instant payment fraud in real-time? Hawk's AI-powered fraud prevention technology includes pattern and anomaly detection, false positive reduction, and other machine learning models that can prevent fraud in real-time and at scale. With short implementation timelines, a proprietary fraud pattern library, and a configurable case management system, banks can use Hawk's technology to prevent instant payment fraud and reduce losses. Check out the full article on our website: https://lnkd.in/eMHQH9Qf Find the report from Datos Insights in the comments.

In an interview with Macquarie Group, our CEO and co-founder, Tobias Schweiger, explains how Hawk uses AI to help banks fight financial crime. "By applying those algorithms, we point to suspicious behavior much more quickly and more precisely. We are known for explainable AI, which is to say that are no 'black box' problems with the applications and algorithms that we put to work. In compliance, whoever uses the software is going to want to explain in detail what the AI is doing." Watch the 1-minute video or watch the full video on Macquarie's website for further insight.

The team at Hawk wishes you joy and precious time with loved ones this holiday season. Here's to a bright and successful new year ahead! #HappyHolidays #AntiMoneyLaundering #Fraud #FinancialCrime

At Hawk, we take pride in helping to prevent some of the world’s most despicable crimes by detecting money laundering and other illicit financial activity. Human trafficking is one of those crimes, which is why we’ve donated our holiday gift fund to STOP THE TRAFFIK. STOP THE TRAFFIK estimates that 49.6 million people are currently trapped in modern slavery. We support STOP THE TRAFFIK's work in preventing human trafficking before it happens.

Why did VakıfBank International AG choose Hawk to strengthen its anti-money laundering operations? Hawk's modular anti-financial crime platform was chosen for its comprehensive functionality and robust SaaS delivery model for driving efficiencies in: - AML Transaction Monitoring - Transaction Screening - Customer Screening - Customer Risk Rating By leveraging Hawk’s holistic solution, VakıfBank is gaining improved visibility and decision-making capability through a unified interface, streamlining case management and enhancing cross-module data accessibility. Find out more about how we help banks worldwide to spot more financial crime more efficiently: https://lnkd.in/dP-mw56C

Most financial institutions see transaction monitoring as the priority for AI in AML - that was the conclusion of the PwC EMEA AML report, which surveyed 396 FIs in 40 countries. The survey showed: • 79% intend to use AI to improve transaction monitoring • 59% plan to use AI to improve their screening capabilities • 54% aim to leverage AI to enhance customer due diligence and improve customer risk assessments Want to better understand how AI can help your FI to increase risk coverage and improve efficiency? Hawk’s AI-powered solutions for Transaction Monitoring, Customer Screening, Payment Screening, and pKYC have won industry awards this year - find out more at https://lnkd.in/dTHCk9Ua

What are the essential AI use cases in anti-money laundering? We've outlined four key areas where AI can make a significant impact: Anomaly Detection, Pattern Detection, False Positive Reduction, and pKYC. AI is no longer an option in AML. It is essential for achieving the efficiency and effectiveness that is needed to fight financial crime and achieve regulatory compliance. Read the full article at: https://lnkd.in/dfu5iM9X #aml #fincrime #ai #artificialintelligence #banks #fraud #financialinstitutions

Hawk joined forces with LSEG (London Stock Exchange Group) today in Singapore to host a roundtable on FinCrime AI & Data. Thank you to everyone who joined Andanta Djafar and Robin Lee 李显龙 as they led the discussion on the role of AI in combating financial crime, as well as emerging trends, challenges, and threats for the upcoming year. Hawk is assisting banks and financial institutions worldwide in detecting more crime while reducing false positives. Learn more about how we do it on: https://hawk.ai/

We are excited to share that Hawk has been listed as one of the fastest growing European companies by Sifted. The Sifted 250 Leaderboard showcases the 250 fastest-growing startups across Europe in 2024 based on revenue growth over the last three financial years. Want to join us? We're hiring! We currently have vacancies in Development, Solutions Consulting, Product Marketing, Content Management, and Sales. Find out more: https://lnkd.in/d48qKyZc #antimoneylaundering #aml #fraud #fincrime #artificialintelligence #ai