Hawk AI, a German company specializing in anti-money laundering (AML) and fraud prevention for FIs, has raised a $17M Series B funding round led by Sands Capital.  The Munich-based company has developed a cloud-native AML surveillance system for transaction monitoring, screening, and customer risk rating.   Hawk AI was founded in 2018 and has raised $27M in total since then.  The company claims banks and other FIs can leverage its solutions for AI-driven decisions with “the highest level of explainability.”  According to its website, HawkAI offers a range of products for payment screening, customer screening, customer risk rating, transaction monitoring, and fraud monitoring.  Some organizations that use HawkAI include Berlin-based spend management startup Moss; Banco do Brasil Americas, and North American Bancard.