CSI announced it has partnered with Hawk AI to deliver its latest products, WatchDOG®? Fraud and WatchDOG®? AML.

The products' artificial intelligence (AI) and machine learning (ML) models create multilayered, automated oversight that monitors, detects and reports fraudulent or suspicious activity in real time. WatchDOG Fraud monitors transaction behavior to detect fraudulent patterns across all channels and payment methods. Using transaction data augmented by non-financial data such as IP addresses and device IDs, it protects businesses by detecting and preventing fraud in real time.

WatchDog AML leverages the same AI and ML capabilities to analyze customer behavior, generate alerts and file reports in real time. It identifies suspicious activity and automatically creates suspicious activity reports (SAR) to reduce manual reporting and maintain compliance with Financial crimes Enforcement Network (FinCEN) regulations. The product strengthens anti-money laundering programs for banks and non-bank financial institutions that are required to develop AML programs under FinCEN regulations.

The company's newest solutions identify these concerns with out-of-the-box rules and intuitive monitoring solutions to reduce false positives and minimize risk. Both WatchDOG products help customers remain fully compliant with government rules and regulations, including the USA PATRIOT Act of 2001, the AML Act of 2020 and the Bank Secrecy Act (BSA).