BNDRY partners with Hawk to orchestrate financial crime risk prevention
Hawk, the leading provider of AI-powered fraud prevention, anti-money laundering (AML), and screening solutions, and BNDRY, an innovative platform providing embedded risk and compliance capability for regulated industries, today announce a strategic partnership to empower organisations with unparalleled capabilities in orchestrating financial crime risk detection and compliance activities.
This collaboration integrates Hawk’s advanced AML, risk profiling, and fraud prevention capabilities directly into the BNDRY platform. By leveraging Hawk’s explainable AI and real-time monitoring, BNDRY users will now be able to gain a holistic and intelligent view of financial crime risk, enabling proactive and precise risk management.
The partnership addresses the ongoing need for effective financial crime prevention tools within the financial industry. With Hawk’s technology embedded in BNDRY, financial institutions can expect to:
- Orchestrate Financial Crime Risk Detection: Integrate Hawk’s detection engine into workflows within BNDRY, supporting the routing and management of alerts.
- Enhance Monitoring: Utilise Hawk’s ability to analyse data in real-time, detecting suspicious patterns across transactions and customer activity.
- Improve Operational Efficiency: Reduce manual processes and false positives, allowing compliance teams to focus on relevant cases.
- Support Compliance: Access insights into alert triggers, assisting with due diligence and audit requirements.
- Adapt to New Threats: Leverage AI models designed to adapt to new threats and regulatory changes.
"Our partnership with BNDRY aims to make our AI capabilities accessible to more regulated businesses," said Robin Lee, General Manager of APAC for Hawk. “Together, we’re giving compliance teams the tools they need to see risk more clearly, act more decisively, and adapt faster to new threats."
"This partnership with Hawk enables us to offer more robust tools to our clients," said Tim Dickinson, CTO for BNDRY. "By integrating Hawk’s technology, BNDRY can help our clients manage their financial crime risk with increased efficiency and insight."
The integrated solution is available to BNDRY customers in APAC, and both companies plan to continue collaborating to develop solutions for financial crime prevention.
About Hawk: Hawk is the leading provider of AI-supported anti-money laundering, screening and fraud prevention technology. Banks, fintechs and payment providers globally use Hawk's modular platform to pinpoint financial crime risk with precision, cut fraud losses, and ensure regulatory compliance. Hawk's holistic, real-time approach to transaction monitoring, payment and customer screening, customer risk rating, and fraud prevention enables financial institutions to significantly increase the effectiveness and efficiency of their anti-financial crime operations, responding to threats at speed. For more information, visit hawk.ai.
About BNDRY: BNDRY is a platform for embedded risk and compliance. Its platform orchestrates activities across multiple integrated vendors and improves the effectiveness of risk and compliance operations. For more information, visit bndry.net.