FinTech Global

The Editor’s Picks

Corporate Leaders

The ESG data inconsistency problem wealth firms face

March 9, 2026

Corporate Leaders

dacadoo’s role in the health and finance revolution

March 6, 2026

For decades, underwriting portfolio management has largely been a retrospective exercise. Insurers reviewed performance through monthly management reports or quarterly portfolio reviews, identifying trends only after risks had already been written and exposures had begun to develop.

Company News

Inside the modern underwriting strategy

Corporate Leaders

The hidden cost of manual processes in wealth management

Latest FinTech News & Research

Finastra teams with FraudAverse on AI fraud detection

March 10, 2026

FinScan teams with Nexus AML for data-first AML compliance

March 10, 2026

Integrity Viking Funds selects FIS to modernise investment accounting

March 10, 2026

As cyber activity increasingly spills across borders during geopolitical tensions, insurers face a growing challenge in understanding where exposure sits across their portfolios. When conflicts escalate, cyber risk rarely stays contained to the region where the crisis begins, with attacks, disruption and digital dependencies creating far-reaching consequences.

Managing cyber exposure amid geopolitical conflict

March 10, 2026

As cyber activity increasingly spills across borders during geopolitical tensions, insurers face a growing challenge in understanding where exposure sits across their portfolios. When...

Hawk and Commerzbank AG team up to fight financial crime

Hawk and Commerzbank team up to fight financial crime

March 10, 2026

Commerzbank, a major German bank, has announced a strategic collaboration with Hawk, a leading provider of AI-powered anti-fraud and AML technology, to strengthen its...

Commerzbank and Hawk, a provider of anti-fraud and anti-money laundering (AML) technologies, are collaborating to optimize internal banking processes using Artificial Intelligence (AI). The “AML AI Extended Risk Model” solution supplements the bank's existing rule-based compliance systems to significantly increase effectiveness in combating financial crime. This partnership underscores Commerzbank's strategy of deploying AI purposefully for customer and market processes while adapting to specific regulatory requirements. “Given the complexity of the landscape, we can only successfully combat financial crime with the help of AI. It is a high strategic priority for us to proactively and continuously expand our compliance system architecture,” says Viktor Kraus, Cluster Lead Global Financial Crime Prevention Platform at Commerzbank. Tobias Schweiger, CEO of Hawk, emphasizes: “Banks must adapt to new threat scenarios in money laundering. Our AI-driven solution helps achieve this.” By using Hawk's extended risk model solution, banks benefit from complex AI models without the need for time-consuming updates to their existing technology. The software integrates seamlessly with legacy systems via an integration layer. Through this implementation, Commerzbank has: increased the accuracy (targeting) of alerts and reduced false positives, detected more novel cases of money laundering or fraud, and expanded software validation to include robust AI model governance. “Our software enables compliance teams to improve the quality and transparency of money laundering detection and investigations,” says Tobias Schweiger. “In this context, the explainable nature of our AI plays a central role – particularly regarding regulatory approval.” Hans-Georg Beyer, Group Chief Compliance Officer at Commerzbank, adds: “Commerzbank is using its position as a pioneer to conduct its fight against money laundering in an even more targeted manner. The collaboration with Hawk is a vital step in this direction.” About Hawk    Hawk is the leading provider of AI-powered anti-money laundering and fraud prevention technology. Banks and payment providers globally are using Hawk’s powerful combination of traditional rules and explainable AI to improve the effectiveness of their financial crime and compliance programs by identifying more crime, while maximizing efficiency by reducing false positives.

Why KYC is shifting to continuous risk monitoring

March 10, 2026

The know your customer (KYC) market is undergoing a fundamental structural transformation, according to SymphonyAI, moving away from periodic compliance checks towards AI-driven, continuous...

Non-standard auto insurer Aspire General Insurance has partnered with insurance AI platform Liberate to introduce an AI-powered First Notice of Loss (FNOL) process.

Aspire adopts AI FNOL system with Liberate

March 10, 2026

Non-standard auto insurer Aspire General Insurance has partnered with insurance AI platform Liberate to introduce an AI-powered First Notice of Loss (FNOL) process. The collaboration is...

EveryoneINVESTED’s science-based approach to targeted support

March 10, 2026

The financial services industry is approaching a significant structural turning point. The Financial Conduct Authority's (FCA) newly introduced "Targeted Support" regime is set to...