Uncovering human trafficking victims
In September 2014, FinCEN released an advisory that outlined the financial red flags to help identify activity that may be associated with human smuggling and human trafficking.
Verafin’s customer-centric analysis digs deeply to uncover indicators that a customer is being victimized. Human trafficking alerts include a wide range of evidence and visual tools to enhance your human trafficking investigations.
More information at your fingertips
In addition to transactional data, Verafin’s alerts contain important customer profile information, such as age, account balance, and occupation, helping you make quick and informed decisions on how to proceed without having to access multiple systems.
Verafin’s human trafficking analysis looks both for indicators of potential human trafficking activity as well as evidence that may indicate the customer is not a victim. This aggressively reduces false alerts and helps you focus on truly suspicious activity.
Account balance graphs
Each alert provides you with an easy-to-read graph of the customer’s account balance history, helping you quickly observe frequent fluctuations often indicative of a victim’s transactional behavior.
Collaborate to Stop Human Trafficking
With Verafin’s cross-institutional analysis and 314(b) information sharing tools, investigators can work together to get a complete picture of potential trafficking activity, enhance their investigation, and enrich their SARs. This will help provide better information to law enforcement — and ultimately prevent this terrible crime.