Hawk AI operates a cloud-based software solution to help banks,
payment companies and fintechs detect money laundering, terror-
financing and fraud more effectively and stay compliant even if one’s
needs grow over time.
Hawk AI was founded in Munich in 2018 by experienced
fintech entrepreneurs Tobias Schweiger and Wolfgang Berner
and works with financial institutions and partners such as
North American Bancard, Ratepay and Moss. In June 2021,
Hawk AI secured a Series A funding of $10M USD from
BlackFin Capital Partners and Picus Capital.
Hawk AI makes AML surveillance more efficient for financial
institutions across the globe, while ensuring regulatory
compliance. Powered by patent-pending explainable artificial
intelligence combined with traditional rules, Hawk AI detects
more instances of suspicious behavior in real-time while
reducing false-positive rates by over 70%.
Hawk AI processes billions of transactions in more than 60
countries across the globe. Its customers include banks,
payment companies and fintechs, such as North American
Bancard, Moss, Weavr and Banco do Brasil.