It’s been a busy few weeks in the realm of identity verification. Fraudsters are wily, it’s true — leveraging technology, particularly AI, and stolen data, to construct new online personas. And in doing so, they fly under the radar, so to speak, presenting themselves as...
Teamwork makes the dream work. At least in some cases. After all, it is hard to imagine leading businesses in today’s hyper-competitive landscape sharing information and sensitive data with one another. Or is it? With the news Tuesday (May 21) that tech companies across various industries...
Recently, PYMNTS sat down with an array of experts and innovators in the artificial intelligence (AI) field to get their thoughts on how the technology will transform the payments and commerce sectors in the years ahead. Not surprisingly, a multitude of ideas and predictions were...
In financial services, technological advances open new doors and new avenues for fraud. Financial crime is a Hydra-headed monster, constantly finding new ways to breach defenses. From sophisticated phishing attacks to the manipulation of digital transactions, fraudsters are on the lookout for the next loophole...
June 07, 2024
It’s been a busy few weeks in the realm of identity verification. Fraudsters are wily, it’s true — leveraging technology, particularly AI, and stolen data, to construct new online personas. And in doing so, they fly under the radar, so to speak, presenting themselves as legitimate customers to banks and to businesses. All too often, […]
May 21, 2024
Teamwork makes the dream work. At least in some cases. After all, it is hard to imagine leading businesses in today’s hyper-competitive landscape sharing information and sensitive data with one another. ...
March 20, 2024
In financial services, technological advances open new doors and new avenues for fraud. Financial crime is a Hydra-headed monster, constantly finding new ways to breach defenses. From sophisticated phishing attacks...
February 26, 2024
Open banking is transforming the banking industry. It grants third-party FinTechs access to the financial data and funds traditional financial institutions (FIs) manage. Doing so can pave the way to...
July 03, 2024
Hawk’s artificial intelligence (AI)-powered anti-financial crime platform now includes additional capabilities for spotting risk by identifying links between data points. The company’s new Entity Risk Detection module brings together entity resolution and network analysis with real-time risk identification, according to a Wednesday (July 3) press release. By consolidating datasets and merging customer profiles, the platform […]
February 16, 2024
Hawk AI, a provider of artificial intelligence (AI)-powered technology for fraud and anti-money laundering (AML) surveillance, has appointed Robin Lee as general manager for the Asia-Pacific (APAC) region. This appointment highlights Hawk...
January 16, 2024
Hawk AI appointed HSBC veteran Michael Shearer as chief solution officer. Shearer spent much of his career at HSBC, including serving as the bank’s group head of compliance product management,...
December 14, 2023
OTTO Payments, the payments division serving the OTTO marketplace, has adopted Hawk AI’s solutions for anti-money laundering (AML) compliance. The organization will use Hawk AI’s Transaction Monitoring and Customer Screening...
