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What is HawkScanner?

Our company specializes in financial technology, providing Merchant Service Providers with a swift and reliable way to ensure that their merchants do not engage in the sale of prohibited products or substances. With HawkScanner, users can conveniently catalog their ingredients and perform ongoing checks against the FDA database, utilizing a user-friendly search and alert system for added peace of mind. This innovative tool not only streamlines the verification process but also enhances compliance and reduces the risk of inadvertent violations.

What is Hawk?

Hawk AI integrates artificial intelligence with traditional rule-based methods to effectively oversee financial transactions, ensuring that financial organizations adhere to anti-money laundering laws. This innovative solution incorporates standard rule-based frameworks that are further improved by auto-closing functionalities derived from machine-learning algorithms, which adapt based on the decisions made by investigators within the case management system. Utilizing unsupervised machine learning, Hawk AI employs Anomaly Detection to uncover emerging crime patterns by leveraging insights gathered from its extensive network across various financial institutions. The platform is designed to offer complete transparency regarding machine-generated decisions, which not only meets regulatory demands for "explainable" AI but also fosters confidence in its operations. Additionally, Hawk AI harnesses the power of artificial intelligence to enhance automation, resulting in substantial cost reductions and a remarkable 70% decrease in resource requirements, thereby elevating operational efficiency. This dual approach of combining traditional methods with cutting-edge technology ensures that Hawk AI remains at the forefront of compliance and fraud detection in the financial sector.

Media

Media

Integrations Supported

Integrations Supported

Atfinity
Marengo

API Availability

API Availability

Has API

Pricing Information

Bronze - $0/month
- Access to the Database
- 5 Searches Per Day
- 1 User Account
Silver - $99/month
- Unlimited Searches
- Bookmark Searches
- View Search History
Gold - $199/month
- Create Groups
- Manage Product Ingredients
- Auto-Monotoring Notifications
Free Version
Free Trial Offered?

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support

Training Options

Not specified

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

HawkScanner

Date Founded

2020

Company Website

www.hawkscanner.com

Company Facts

Organization Name

Hawk.ai

Date Founded

2018

Company Location

Germany

Company Website

hawk.ai

Categories and Features

Compliance

Compliance Tracking
FDA Compliance

Categories and Features

AML

Behavioral Analytics
Case Management
Compliance Reporting
PEP Screening
Risk Assessment
SARs
Transaction Monitoring
Watch List

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