back Back

Alviere selects Hawk AI to fight money laundering

By Delisha Fernandes

May 04, 2023

  • AI
  • Alviere
  • AML
Share

AlviereAlviere, an embedded finance platform provider, has announced that it has selected Hawk AI, a provider of Anti-Money Laundering (AML) and fraud prevention technology for banks and payment companies, as an AI-powered surveillance suite provider to help enable expansion into new markets.

Alviere offers global enterprises the most complete and secure platform for delivering a full suite of financial products and services to customers, employees, and partners via a single integration. Through the partnership with Hawk AI, Alviere will maintain strict AML standards and processes to safeguard its enterprise clients globally.

“As Alviere expands internationally, it was critical for us to find an AI-driven AML transaction monitoring and risk scoring solution that could keep pace with our growth,” said Luis Trujillo, Chief Compliance Officer of Alviere. “We are thrilled to partner with Hawk AI by enabling it within the Alviere HIVE platform. Our goal is to maintain a best-in-class and industry-leading financial crimes compliance program while providing a safe and frictionless customer journey.”

Hawk AI’s leading Fraud and AML Surveillance suite helps financial institutions detect and prevent financial crime and supports the efficient investigation of suspicious account behaviour. The company’s Fraud and AML monitoring, Customer Screening and Risk Rating solutions will further strengthen Alviere’s best-in-class AML security for enterprise clients.

Tobias Schweiger, CEO, and co-founder of Hawk AI, said, “By building compliance from the start, potential bottlenecks transform into innovation. Alviere already has a world-class compliance team and infrastructure in place. We are excited that Hawk AI’s surveillance technology will help them combat the evolving threats of fraud and money laundering with explainable AI.”

Previous Article

May 04, 2023

USA based FinTech Bluevine launches legal entity in India

Read More
Next Article

May 04, 2023

Onfido brings identity verification service for Salesforce

Read More








IBSi Daily News Analysis

cybersecurity

April 18, 2024

AI

GCC banks bolster Cybersecurity measures to combat email fraud

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

April 18, 2024

5 RegTech platforms streamlining finance compliance in India

Read More

April 17, 2024

Entrust completes acquisition of ID verification provider Onfido

Read More

April 17, 2024

Worldline partners with RiskQuest to streamline credit checking

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023