Artificial Intelligence Is Key to Stopping Human Trafficking

But for the first time in history, the financial community now has the resources and ability to leverage AI processes to keep up and even stay one step ahead of illicit actors. The screening technology available today allows institutions to aggregate relevant information from throughout the world and pinpoint potential red flags with fewer false positives than ever before, providing a quicker and more accurate profile of a firm's existing and potential customers. And, traditional financial institutions as well as new-generation fintechs are working to collaborate with regulators in real time more than at any point in history.