Luke Swanson’s Post

Protect your firm from the risks, reputational harm, and financial penalties associated with money laundering through capital markets. Find out what you need to know in “Detecting Money Laundering Through Capital Markets: The New Frontline”. Download it now: https://bit.ly/3Wxm4Em #AML #capitalmarkets #financialcrime #AI #moneylaundering

Tired of hearing about AI in financial crime detection without anything of substance? You're not alone! Dive into a world where AI isn't just a buzzword but a force of nature helping banks tackle financial risks. Discover practical insights and real-world case studies that show how AI is changing the game today.

AI is only a tool…but tools can help.

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.

Explainability is a critical factor for driving transformation and adoption of AI in the financial crime domain. It addresses a fundamental industry need: understanding the reasoning behind flagged suspicious behaviors. At Hawk, we firmly believe that the days of uncertainty about whether an alert truly warrants concern are behind us. With numerous successful implementations in the market, Hawk delivers practical, actionable explainability for financial crime investigators. If you have questions or would like further insights, our Hawk professionals are ready to assist.

Unlock the potential of advanced AI techniques in finance! From predictive analytics and sentiment analysis to algorithmic trading and fraud prevention, AI transforms how we manage investments, credit, and financial planning. Say hello to smarter, more secure financial solutions. #MachineLearning #PredictiveAnalytics #AlgorithmicTrading #FraudDetection #RoboAdvisors #CreditScoring #FinancialPlanning #AIForFinance #TechInnovation #InvestmentTech #icaninfotech #canada #toronto

Unlock the potential of advanced AI techniques in finance! From predictive analytics and sentiment analysis to algorithmic trading and fraud prevention, AI transforms how we manage investments, credit, and financial planning. Say hello to smarter, more secure financial solutions. #MachineLearning #PredictiveAnalytics #AlgorithmicTrading #FraudDetection #RoboAdvisors #CreditScoring #FinancialPlanning #AIForFinance #TechInnovation #InvestmentTech #icaninfotech #canada #toronto

Has advancing technology made fraud more sophisticated? 🤔 Our Group Chief Credit & Money Laundering Reporting Officer, Richard Wilson, breaks down some of the latest fraud trends and how to spot the signs. Read in full via Financial Reporter | https://lnkd.in/eW7XzR_P #FraudWeek #Technology #AI

The Bank of England and the FCA recently published their survey findings on the AI and ML in UK financial services and one thing was abundantly clear…   There is significant power in both, particularly in combating #financialcrime, where usage is expected to double across various areas like transaction monitoring, ID and verification, fraud detection, and profiling. However, many senior leaders aren’t confident in how best to leverage this technology effectively.   It’s clear that firms need to focus on building their own internal capabilities to implement AI, reducing reliance on third parties and maintaining operational control. Take a look at my survey highlights and where the industry is headed.

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