Sponsor Banks:
Unlock BaaS Growth & Manage AML Risk
Enforcement actions from the OCC and FDIC continue to make headlines. Stay ahead of regulatory challenges and safeguard your institution's reputation with Hawk's technology. Easily integrated into your existing set up, Hawk's cutting-edge solutions help you manage risk without sacrificing growth.
Selected Awards & Certifications
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For BSA Officers, Compliance Officers, and CISOs, getting a consent order from a federal regulator can be career altering. While Banking-as-a-Service (BaaS) provides a lot of opportunities for sponsor banks, there is monumental pressure to maintain regulatory compliance. Thankfully, banks don't have to navigate this on their own. By working with a trusted AML technology partner, financial institutions have the support they need to proactively address their evolving regulatory landscape.
Removing BaaS Blockers with AML Tech
By partnering with a robust AML technology provider, financial institutions can overcome common BaaS blockers through the following approaches:
AI-Powered Anomaly Detection: identify emerging risks and discover unknown money laundering threats to prevent corrective regulatory action.
Efficient Transaction Monitoring: fuse traditional rules with AI to dramatically reduce false positives and reduce time-per-case – without compromising your risk-based approach.
Enhanced Screening: identify and prevent suspicious payments with automatic screening against sanctions lists and support instant payments with screening times of 150 milliseconds on average.
Learn more about how modern AML tech helps alleviate the challenges that all players in the BaaS-banking ecosystem face.
How Hawk Can Help
Hawk's AI-powered AML technology enables sponsor banks to improve regulatory compliance while maximizing the efficiency of their operations.
Hawk's explainable AI can help your institution:
> Increase risk detection by 3-5x
> Reduce false positives by 70%
> Gain 360º insight into customer risk
> Rapidly analyze and aggregate contextual data for enhanced investigation
Sponsor banks face intense regulatory scrutiny compared with other actors in the BaaS ecosystem. Robust AML technology can help.
Hawk Can Help Sponsor Banks
with BaaS Initiatives
Hawk is an award-winning, all-in-one AML compliance, fraud, and risk management platform.
Product Portfolio
Hawk's AML and fraud solutions for banks consist of:
> Transaction Monitoring
> Transaction Fraud
> Payment Screening
> Customer Screening
> Customer Risk Rating
Work With a Trusted
AML Tech Provider
Whether your bank is currently partnering with a BaaS provider or evaluating one, ensure that you have the AML technology in place to meet your regulatory needs.
Hawk can help.
Fill out the form to see a custom demo. A member of our team will be in touch shortly.