hawk:AI provides a money-laundering detection & investigation platform to support Financial Institutions in optimizing their Anti-Money-Laundering (AML) processes. Employing most modern software design & Artificial Intelligence (AI), the solution reduces false positives rates other systems produce by up to 70%, directly addressing a pressing need of increasing AML process efficiency.
In addition, the solution also detects new financial crime patterns through AI, and hence contributes to the reduction of non-financial risk (and corresponding regulatory fines). To ensure Audit proof and Regulatory acceptance, the hawk:AI team is dedicated to making every application of AI explainable.