bytefeed

Credit:
CSI And Hawk:AI Partner On AI-Powered Anti-Fraud And AML Tools - Credit: PYMNTS

CSI And Hawk:AI Partner On AI-Powered Anti-Fraud And AML Tools

Financial crime is a growing problem, and it’s not just banks that are affected. Businesses of all sizes need to be aware of the risks posed by fraudsters and money launderers. To help combat this issue, CSI Global VC Inc., a global financial technology company, has partnered with Hawk:AI to provide businesses with AI-powered anti-fraud and AML tools.

The partnership will enable companies to detect suspicious activity in real time using advanced analytics powered by artificial intelligence (AI). The system can identify patterns in customer behavior that may indicate fraudulent or money laundering activities, allowing businesses to take action quickly before any damage is done.

Hawk:AI’s platform uses machine learning algorithms to analyze data from multiple sources including transaction history, customer profiles, and external databases such as sanctions lists. This allows for more accurate detection of suspicious activity than traditional methods which rely on manual reviews or rules-based systems. The platform also provides detailed insights into the source of potential threats so that businesses can better understand their risk exposure and take appropriate measures accordingly.

In addition to providing anti-fraud capabilities, the partnership between CSI Global VC Inc. and Hawk:AI will also offer enhanced AML compliance solutions for customers who need assistance meeting regulatory requirements related to KYC/KYT (Know Your Customer/Transaction) processes or other areas such as CTF (Counter Terrorist Financing). With these tools at their disposal, companies can ensure they remain compliant while still protecting themselves against financial crime threats like fraudsters and money launderers.

This collaboration marks an important step forward in helping organizations protect themselves from financial crimes while remaining compliant with regulations around the world. By leveraging AI technologies developed by both partners, companies now have access to powerful tools that allow them to stay one step ahead of criminals without sacrificing efficiency or accuracy when it comes to detecting suspicious activity or ensuring compliance with applicable laws and regulations .

CSI Global VC Inc.’s commitment towards creating innovative solutions for combating financial crime continues with this new partnership – demonstrating its dedication towards making sure customers have access to cutting edge technologies designed specifically for fighting fraudsters & money launderers alike!

|CSI And Hawk:AI Partner On AI-Powered Anti-Fraud And AML Tools|Partnership|PYMNTS

Original source article rewritten by our AI: PYMNTS

Share

Related

bytefeed

By clicking “Accept”, you agree to the use of cookies on your device in accordance with our Privacy and Cookie policies