Hawk AI and Scorechain form partnership on transaction monitoring solution

Hawk AI

Hawk AI has entered into a partnership with Scorechain, a crypto AML compliance solutions provider, to unveil a end-to-end transaction monitoring solution. 

The rationale behind the partnership is to bring together their individual tech capabilities and expertise to offer a streamlined transaction monitoring solution. By doing so, they aim to equip businesses with the necessary tools to navigate the digital landscape with confidence and efficiency.

Hawk AI’s speciality lies in providing anti-money laundering surveillance technology. The company is a trusted partner for banks, payment firms, and other FinTech companies, offering intelligent solutions to identify and prevent financial crime. Their global presence extends across Munich, London, New York, San Francisco, and Singapore.

Scorechain, on the other hand, is a leader in crypto AML compliance solutions. Established in 2015, the company has consistently demonstrated its proficiency in detecting fraudulent activities in crypto asset transactions. Their automated Crypto Transaction Monitoring System and unique KYT platform make Scorechain an invaluable ally in the fight against crypto crime.

The integrated solution from the Hawk AI and Scorechain partnership is set to provide businesses with robust transaction monitoring and improved compliance capabilities. The collaboration aims to bring their sophisticated, on-and-off chain surveillance technology to a broader market that can benefit from sturdy compliance programmes.

The Hawk AI CEO and co-founder, Tobias Schweiger said, “We’re excited to partner with Scorechain to bring cutting-edge, on-and-off chain surveillance technology to a broader market that can benefit from strong compliance programs that enable, rather than stifle, growth.”

Further detailing the partnership, Pierre Gerard, co-founder and CEO at Scorechain, said, “Our collaboration with Hawk AI represents a pivotal milestone, combining the strengths of both companies to deliver a fully integrated, end-to-end solution.”

Alexandr Iarovoi, CEO at TeoWex, said, “We are confident that our cooperation will align the company’s standards of innovation with the latest developments in the industry and will ensure an efficient AML and fraud prevention.”

CSI, a provider of end-to-end FinTech and RegTech solutions, recently partnered with Hawk AI to deliver its latest WatchDOG Fraud and WatchDOG AML products.

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