Hawk has launched the Analytics Studio, an AI management tool designed for banks and payment firms. This solution allows institutions to develop, maintain, and govern their AI models efficiently, helping them meet regulatory requirements and combat financial crime.

Plaid has introduced its next generation fraud detection model, Plaid Protect, which utilizes device fingerprints and the extensive Plaid network to enhance fraud identification. The model claims to identify 40% of first-party fraud that previous models missed and features a natural language query interface for analysts to efficiently search user data. Users are eager to see its performance as it moves beyond the waitlist phase.