We recently had the pleasure of interviewing Georg Hauer, COO of Hawk:AI and former General Manager of N26 for the German speaking and Northern European Markets. We delved into the complex and ever-evolving world of financial crime prevention and how financial organizations can stay ahead of the game. Georg emphasized the need for a balance between reducing false positives and detecting actual instances of financial crime. With criminals becoming more sophisticated, institutions must invest in advanced technology and analytics to improve their detection capabilities. He also shared at least three ways in which financial crime prevention can bring new competitive advantages to organizations. Georg’s expertise in financial crime prevention was enlightening, and his message was clear: institutions must invest in innovation to stay ahead of the criminals and leverage the benefits that financial crime prevention can offer. Overall, Georg’s expertise and insights in the field of financial crime prevention are both enlightening and thought-provoking and will leave you asking for more!