Managing cyber exposure amid geopolitical conflict

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...

Digital insurer Wakam UK has entered the UK motorcycle insurance market through a partnership with specialist intermediary Principal Insurance.

Wakam UK partners Principal for motorcycle cover

March 10, 2026

Digital insurer Wakam UK has entered the UK motorcycle insurance market through a partnership with specialist intermediary Principal Insurance. The collaboration combines Wakam UK’s digital...

DiligenceSquared targets PE due diligence with $5m raise

March 10, 2026

DiligenceSquared, a New York-headquartered AI platform built to overhaul how investment teams conduct commercial due diligence, has secured $5m in seed funding in a...

Global professional services firm Aon has demonstrated a proof of concept for settling insurance premiums using stablecoins, marking what the company describes as the first such transaction among major global brokers.

Aon tests digital asset payment for insurance premiums

March 10, 2026

Global professional services firm Aon has demonstrated a proof of concept for settling insurance premiums using stablecoins, marking what the company describes as the...

NjiaPay secures $2.1m to scale payment performance in Africa

March 10, 2026

NjiaPay, a payment performance platform serving African businesses, has closed a $2.1m seed funding round led by Newion, a European B2B SaaS investor. The round...

Parisian InsurTech Akur8 has expanded its strategic relationship with professional services firm RSM US LLP, with RSM adopting the Akur8 Discover platform across its North American operations.

Akur8 strengthens RSM collaboration with Discover rollout

March 10, 2026

Parisian InsurTech Akur8 has expanded its strategic relationship with professional services firm RSM US LLP, with RSM adopting the Akur8 Discover platform across its...