Our Guidehouse experts Alma Angotti and Tim Mueller join experts from Holland & Knight for an in-depth discussion on how banks can leverage data from public-private partnerships and new applications of machine intelligence technologies to better detect the proceeds of human trafficking in their systems. The speakers discuss how banks have traditionally tackled this problem using a combination of Know Your Customer and Transaction Monitoring efforts and discuss why these efforts are difficult to apply to the human trafficking problem. The discussion includes case studies, illustrating how data sharing and advances in technology can tackle this problem from a new angle allowing banks to be more proactive rather than reactive in the fight against human trafficking.
This webinar is in collaboration with the Florida International Bankers Association (FIBA).
A few ways we’ve seen be very effective in identifying suspicious activity, is forming a special investigations group, open up dialogue with law enforcement and understand what the typologies are in your area.