Tag: financial crime detection

The Wolfsberg Group has issued the second part of its Statement on Effective Monitoring for Suspicious Activity (MSA), providing financial institutions with a roadmap...

While the tech world continues to buzz with talk of generative models and AI agents, the real conversation is around how to operationalise AI in complex, real-world environments.

Key European RegTech investment stats in Q1 2025: European RegTech funding fell by a fifth QoQ in Q1 2025 Average deal value decreased to...

600 senior compliance leaders from financial services and fintech firms shared insights on AI adoption in financial crime prevention 91% of firms are...

Unlocking AML capabilities: How graph databases revolutionise financial crime detection

Hawk, a key player in the FinTech industry, has announced a significant boost to its Series B funding today, marking an increase in valuation.

A familiar predicament haunts the global payments landscape: can financial institutions outgrow their compliance issues without stretching resources to the breaking point? Scaling staff often means soaring costs and growing complexity. RegTech company Hawk AI has outlined how it helped an payment processor improve their operations. 

Amidst growing acknowledgment of AI's prowess in uncovering fraud and financial crime, there remains a gap between those financial institutions (FIs) recognising its potential and those implementing it.