Hawk AI Accelerates Global Expansion With $17 Million Series B

Hawk AI, Germany’s leading provider of anti-money laundering (AML) and fraud prevention technology for banks and payment companies, announced $17M in Series B financing to accelerate product development and global expansion. The funding round was led by Sands Capital from Washington D.C., with participation from new and existing investors, including DN Capital, Coalition, BlackFin Capital Partners, and Picus Capital. Hawk AI helps financial institutions fight financial crime. Powered by Explainable AI and based on flexible...

The Citizens Bank announces Stacy M. Brantley as next CEO

The Citizens Bank, wholly owned subsidiary of Citizens Holding Company (NASDAQ: CIZN), has hired Stacy M. Brantley as its next Chief Executive Officer. He will join the bank in February. “We conducted a national search for our next CEO, and Stacy quickly rose to the top of a very competitive candidate slate,” said Hub King, board chairman at The Citizens Bank. “We are thrilled to have Stacy lead our organization through its next chapter of...

Embedded Finance, Web3 & ESG Lead 2023 Fintech Investment: FIS

Key facts   A global study of 2,000 executives at firms across markets revealed plans to increase investment in embedded finance, environmental, social, and governance (ESG) frameworks, and decentralized finance in 2023, including cautious optimism towards cryptocurrency. 44% of financial services firms’ executives across the globe say they will invest significantly in developing embedded finance products in 2023 as consumers demand more convenient ways to pay, bank and invest. Nearly two-thirds (61%) of all non-financial...

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