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Human trafficking is the recruitment, transportation, transfer, harbouring and purchase of a person for the sole purpose of exploitation.
Modern slavery and human trafficking are happening right now, right where we live and work.
According to the international labour organisation, approximately 40m people are trapped in the human trafficking cycle. 2 in 3 are women. 1 in 4 is a child.
The financial services industry has a pivotal role to play to end this crime. Our banks process $150billion profit for criminals every year. And the signs of modern slavery and human trafficking are hidden in plain view in the billions of lines of data sitting on our banks’ systems.
RedCompass RedFlagAccelerator Typologies are a compendium of red flags that enable financial institutions to find modern slavery stories in their data.
Because when you see it, you cannot ignore it.
📌 Find more about RedCompass RedFlag Accelerator here: redflagacceler...
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❗️The Typologies are available to all financial institutions and partners. Request the sample file here: redflagacceler...