IdentityMind Launches Initiative to Fight Human Trafficking
PALO ALTO, CA., December 20, 2018 – IdentityMind, Digital Identities You Can Trust, announced today that it is launching an all-encompassing initiative to support the fight against human trafficking. This initiative includes partnerships with key non-profit organizations for technology development and economic support. As part of that initiative, this holiday season, IdentityMind will work with Operation Underground Railroad (OUR) and Veterans for Child Rescue (V4CR), two charitable organizations focused on awareness of and the prevention of human trafficking.
Like most nefarious activities, human trafficking takes advantage of the financial system worldwide to clear the funds and proceeds from their illegal activities; most of it in a form of money laundering. Anti Money Laundering (AML) regulations worldwide attempt to thwart these operations in an effort to prevent these nefarious activities. So, although organizations focus on the cost of compliance, the real tragedy is the impact these activities have on society and the victims of these crimes. For instance, there are over 245,000 children that are being placed at risk through child trafficking each year. And, this is a growing problem, even in the developed world, as our children, via social media and other channels, are more accessible than ever to predators and traffickers.
“The IdentityMind team has always been very passionate about stopping bad actors,” said Garrett Gafke, President and CEO, IdentityMind. ”Our passion stems from a need to make a difference. We know technology, and we will continue developing technology that makes compliance cost-effective in the fight to stop bad actors. However, we know that others are fighting the same battle with different tools. That is why we are donating some of IdentityMind’s proceeds to Operation Underground Railroad (OUR) and Veterans for Child Rescue (V4CR) — two of the many organizations making a tangible difference.”
Operation Underground Railroad, founded in December 2013, has gathered the world’s experts in extraction operations and in anti-child trafficking efforts to help bring an end to child slavery. O.U.R.’s Underground Jump Team consists of former CIA, Navy SEALs, and Special Ops operatives that lead coordinated identification and extraction efforts. They operate in conjunction with law enforcement throughout the world. Once victims are rescued, a comprehensive process involving justice for the perpetrators and recovery and rehabilitation for the survivors begins. For more information on donating or volunteering, visit: https://ourrescue.org/
Veterans For Child Rescue was founded specifically to help bring an end to child trafficking. Our primary methods are to widely expose the threat through multiple mass media platforms and to directly combat the problem by running joint sting operations against traffickers with law enforcement and allied NGOs. For more information on donating or volunteering, visit: https://vets4childrescue.org
IdentityMind, creator of Trusted Digital Identities (TDIs), offers a SaaS-based platform for online risk management and compliance automation. We help companies reduce client onboarding fraud and transaction fraud, and enhance AML compliance, sanctions screening, and KYC compliance. IdentityMind continuously builds, validates, and risk scores digital identities through electronic DNA (eDNA™) technology) to ensure global business safety and compliance from customer onboarding and throughout the customer lifecycle. We securely track the entities involved in each transaction (e.g. consumers, merchants, cardholders, payment wallets, and alternative payment methods) to build payment identity reputations and allow companies to identify and reduce potential fraud, evaluate merchant account applications, onboard accounts, enable identity verification services, and identify potential money laundering. For more information, visit IdentityMind on Web, Twitter, LinkedIn, Facebook, Instagram, YouTube, Blog, and Google My Business.
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