Six Financial Institutions Advance New Standards for Combating Human Trafficking, Child Exploitation, Elder Fraud, and Scams
Eagle Freedom Alliance recognizes banking leaders helping establish a new framework for accountability across the financial system.
Eagle Freedom Alliance (EFA) today recognized six financial institutions for their leadership in adopting The Knoble's Human Crime Specialist (HCS) program, a specialized framework designed to equip financial professionals with the knowledge, tools, and organizational capabilities necessary to identify and disrupt financial activity connected to human trafficking, child sexual exploitation, elder fraud, scams, and other forms of human crime.
The recognition reflects a broader shift occurring across the financial sector. Crimes that were once viewed primarily as law enforcement issues are increasingly being recognized as financial system issues. Criminal enterprises depend on financial infrastructure to operate, requiring accounts, payment systems, transactions, and financial networks to move money, conceal activity, and scale operations.
As regulatory expectations increase, law enforcement capabilities advance, and public scrutiny intensifies, financial institutions are facing growing pressure to strengthen their ability to identify and respond to illicit activity flowing through their systems.
