Latest customer due diligence News, Insights & Analysis

How agentic AI solves EU’s new opacity assessment rule

April 9, 2026

Most compliance programmes can answer the question "who owns this entity?" What they cannot reliably answer is whether a corporate structure has been deliberately...

FinTech News

How AMLA is reshaping financial crime compliance

April 2, 2026

The European Union's newly created Anti-Money Laundering Authority (AMLA) took a landmark step on 24 March 2026, hosting its first public hearing on draft...

AML

Mastering AML in the age of deepfakes

March 25, 2026

An estimated $2tn is laundered through the global financial system every year — a staggering figure that represents far more than financial loss. The...

AML

OPBAS findings highlight need for stronger AML controls

March 13, 2026

RegTech provider SmartSearch has warned that anti-money laundering (AML) standards must improve across the legal and accountancy sectors following the publication of a new...

Company News

Why KYC remediation is becoming critical for banks

March 12, 2026

KYC remediation has become an increasingly important operational priority for banks as regulators intensify scrutiny of AML and KYC controls. At its core, remediation...

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.

FinTech News

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...

AML

February 2026 payments rules banks and FinTechs can’t ignore

February 5, 2026

Each month, regulatory change continues to test the operational resilience of financial institutions, payment providers and FinTech firms. According to Vixio, using insights from...

AML

What is an adverse media check and why it matters for...

February 4, 2026

Financial rules and regulations continue to evolve at pace, placing growing pressure on financial institutions to remain informed, agile and compliant. At the heart...

Company News

How AML reform is reshaping financial crime strategy

February 3, 2026

Australia’s financial crime framework is entering a period of profound change, with AML and counter-terrorism financing reforms set to reshape how institutions manage risk....

AML

How AI is reshaping AML compliance in modern banking

February 3, 2026

Banks are under growing pressure to keep pace with increasingly complex financial crime. Transaction volumes continue to rise, laundering techniques evolve quickly, and legacy...