Hawk AI, a leading provider of fraud and Anti-Money Laundering (AML) surveillance technology, has appointed Maximilian Riege as Chief Risk Officer (CRO) to enhance the company’s global operations. Riege, with significant experience in governance, regulations, risk, and data security, will leverage his expertise to capitalize on the increasing demand for AI-driven solutions to combat financial crime and manage compliance.
Previously serving as Managing Director and Chief Operating Officer at Penta, a German digital business finance solution for SMEs, Riege played a key role in governance, regulatory functions, AML compliance, internal audits, and risk management. His appointment underlines Hawk AI’s commitment to being a trusted partner in cloud-based enterprise AML and fraud detection.
Riege’s career includes roles such as Chief Representative and General Counsel at Verimi, a European identity platform, and a Partner at Hambach & Hambach, where he advised prominent digital payment and financial service providers. He is admitted to the Bar in Germany and New York.
Hawk AI has been experiencing a surge in demand in 2023 from banks and payment firms worldwide seeking advanced solutions to combat financial crime. The company specializes in using explainable AI technology and cloud-based solutions to enhance the efficiency of anti-financial crime teams. Riege’s appointment follows other significant hires, reflecting Hawk AI’s commitment to innovation and excellence in the industry.
By FCCT Editorial Team
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