Hawk:AI Partners with 42flows.tech for AI-Powered AML Integration

On October 28, 2022, Hawk:AI announced a partnership with 42flows.tech, an Estonian IT firm specializing in middleware development and process orchestration for banking systems integration. The collaboration enables seamless, no-code integration of Hawk:AI's cloud-native, AI-powered anti-money laundering and fraud surveillance platform with core banking, KYC, AML, card issuing, payments, and other financial systems. 42flows.tech contributes pre-built connectors and workflow automation capabilities that function as a banking-as-a-platform enabler, while Hawk:AI brings machine learning-driven real-time suspicious activity detection combining rules and AI. The partnership is designed to significantly reduce time-to-market for AML solutions and support global customer expansion for both firms.

Max Popov, COO of 42flows.tech, emphasized the synergies between the two companies, while Wolfgang Berner, CTO of Hawk:AI, highlighted the importance of rapid integration in fighting financial crime. No financial terms were disclosed.