Hawk AI

Seven in 10 Financial Institutions Use AI and ML to Combat Fraud
Seven in 10 Financial Institutions Use AI and ML to Combat Fraud
March 26, 2024  |  Security & Fraud

Recently, PYMNTS sat down with an array of experts and innovators in the artificial intelligence (AI) field to get their thoughts on how the technology...

READ MORE >
Fighting Fraud With AI: Part Man, Part Machine, All Cop
Fighting Fraud With AI: Part Man, Part Machine, All Cop
March 20, 2024  |  Artificial Intelligence

In financial services, technological advances open new doors and new avenues for fraud. Financial crime is a Hydra-headed monster, constantly finding new ways to breach...

READ MORE >
Latest Facebook-Related Scam Puts Banking Customers on Alert 
Latest Facebook-Related Scam Puts Banking Customers on Alert 
March 13, 2024  |  Security & Fraud

Search online for the words “Facebook scams” and your search engine will immediately deliver myriad news stories warning consumers to be vigilant when scrolling through...

READ MORE >
Fraudsters Exploit Cloud Access Points to Orchestrate Sophisticated Attacks
Fraudsters Exploit Cloud Access Points to Orchestrate Sophisticated Attacks
March 06, 2024  |  Cybersecurity

Recent data from the Federal Trade Commission (FTC) shows that U.S. fraud losses topped $10 billion in 2023, indicating that the risk of cybercrime has soared to...

READ MORE >
New Data: FIs Cooling on Open Banking but Still on Course for Real-Time Payments
New Data: FIs Cooling on Open Banking but Still on Course for Real-Time Payments
February 26, 2024  |  Fraud Prevention

Open banking is transforming the banking industry. It grants third-party FinTechs access to the financial data and funds traditional financial institutions (FIs) manage. Doing so...

READ MORE >
Hawk AI Appoints Napier Veteran Robin Lee APAC General Manager
Hawk AI Appoints Napier Veteran Robin Lee APAC General Manager
February 16, 2024  |  Personnel

Hawk AI, a provider of artificial intelligence (AI)-powered technology for fraud and anti-money laundering (AML) surveillance, has appointed Robin Lee as general manager for the Asia-Pacific (APAC)...

READ MORE >
AI’s Role in Helping Banks Fight Fraud and Financial Crimes
AI’s Role in Helping Banks Fight Fraud and Financial Crimes
February 01, 2024  |  Security & Fraud

Easy money attracts bad actors.  In today’s increasingly digitized and borderless business landscape, the threat of attack has only grown more pointed. That’s why it...

READ MORE >
Hawk AI Appoints HSBC Veteran Michael Shearer Chief Solution Officer
Hawk AI Appoints HSBC Veteran Michael Shearer Chief Solution Officer
January 16, 2024  |  Personnel

Hawk AI appointed HSBC veteran Michael Shearer as chief solution officer. Shearer spent much of his career at HSBC, including serving as the bank’s group...

READ MORE >
Larger FIs More Likely to Use AI and ML to Fight Financial Crime
Larger FIs More Likely to Use AI and ML to Fight Financial Crime
January 08, 2024  |  Fraud Prevention

Financial institutions (FIs) are increasingly recognizing the importance of fraud-fighting technologies as they confront more sophisticated fraud and financial crimes. In fact, the surge in...

READ MORE >