Dark Watch A.I. Debuts AI-Driven Technology that Helps Financial Institutions Identify and Combat Human Trafficking

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Enables banks to spot suspicious activity that may be difficult to detect with traditional auditing processes
MIAMI - July 25, 2024 - Dark Watch A.I. today announced the debut of technology platform that leverages artificial intelligence (AI) to help financial institutions identify and combat human trafficking. Financial crime and human trafficking continue to baffle and plague global banks that have no context regarding what depositors are doing with funds. Without any checks and balances, countless lives are ruined.

"Dark Watch A.I. is not just about the innovative use of technology, it's about making a tangible difference in the fight against financial crime and human trafficking," says Noel Thomas, Founder and CEO of Dark Watch. "Our AI-driven platform saves financial institutions countless months of investigation and millions of dollars by providing real-time insights and actionable intelligence. We partner with and empower these institutions with the tools they need to protect vulnerable populations."

A key benefit of utilizing Dark Watch A.I. rests with its ability to seamlessly integrate with existing financial systems. It cross-checks identifiers against comprehensive databases with high-risk indicators. Institutions can swiftly identify potential threats and take immediate action. "The tragedy in a lot of human crime situations is that the data needed for justice is hiding in plain sight," Thomas added. "But, it's nearly impossible for a human being, or even advanced data analytics to spot. It takes AI to recognize patterns of transactions that signal that a crime is being committed. That's the problem we solve."

Numerous high-profile lawsuits involving major brands underscore the need for robust, proactive solutions. A prime example was a recent $290 million settlement against JP Morgan Chase for its involvement in a complicated sex trafficking case. The urgency of finding criminals and locating traffic persons has never been more urgent. Dark Watch A.I. is a truly innovative tool that examines and simplifies the risk assessment process, identifying criminal organizations responsible for trafficking activities.

For more information and to receive a free risk assessment visit https://Darkwatch.io [https://darkwatch.io/]
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Company Name: Dark Watch A.I.
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Country: United States
Website: https://Darkwatch.io



This release was published on openPR.