August 23, 2019
As an industry, we’ve come a long way in utilizing data analytics and cybersecurity tools to find and prevent payments fraud, an issue we fight daily. However, there is a problem even more nefarious that we, as an industry, could be addressing more fervently with the use of the data we already have at hand: human trafficking.
Human trafficking cases have hit a 13-year record high, according to a UNODC (United Nations Office on Drugs and Crime) report released in 2018. It is estimated that each year, across the globe, 20.9 million people are trafficked for forced labor and sexual exploitation.
While great efforts have been made to bring attention to this issue worldwide, identifying and fighting human trafficking isn’t easy. Technologies such as facial recognition are being us ...