Ondato and HAWK:AI announce partnership to offer integrated AML and KYC management suite

Full article by FinancialIT

Hawk AI, Germany’s leading software provider of anti-money laundering surveillance technology for banks, payment firms, and fintechs, today announced a new partnership with Ondato, one of the leading tech companies in KYC and customer onboarding.

Through this partnership, Ondato and Hawk AI will jointly offer an integrated KYC validation process combined with a state-of-the-art AML Transaction monitoring and behavioural analytics suite. Both solutions are modular and can be integrated quickly. Customers will now be able to experience a unified, fast and transparent process from ID verification to customer and payment screening, data validation and transaction monitoring. With this new product offering the possibilities to identify suspicious behaviour and intentions of potential criminals increases during the KYC process.

“Partnering with Ondato enables customers that are evaluating advanced KYC solutions a seamless path to integrate AML and behavioural analytics at the same time,” said Tobias Schweiger, CEO and Co-founder of Hawk AI. “For fast-growing banks and payment firms, access to a comprehensive compliance offering has many advantages including much faster integration and go-live.”

“We are excited to start a partnership with Hawk AI, which allows us to expand client onboarding and compliance management towards behaviour monitoring,” said Liudas Kanapienis, CEO & Co-founder of Ondato. “Combining Ondato and Hawk AI expertise will help our clients to get multiple solutions in one place and adapt them according to their needs.”


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