News

Our latest RedFlag Accelerator release introduces the Elderly Financial Exploitation Typology.

RedFlag Accelerator Typologies Update: Fight against exploitation of the vulnerable

New scenario added: Identifying MSHT Victim via Remote Onboarding Process and further enhancement of the persona-based model by introducing two separate red flag ranges, specifically developed for retail banking and business banking respectively.

New scenarios added: easier identification of the financial activity linked to perpetrators, victims and facilitators engaged in CSE offences.

RedCompass Labs RedFlag Accelerator Typologies 1.3 provides an in-depth analysis of Modern Slavery, Human Trafficking and Child Sexual Exploitation scenarios and introduces a new section ‘Protecting Children'.

RedCompass Labs RedFlag Accelerator Typologies 1.3 provides an in-depth analysis of Modern Slavery, Human Trafficking and Child Sexual Exploitation scenarios and introduces a new section ‘Protecting Children'.

RedCompass Labs RedFlag Accelerator (MSHT) Typologies 1.2 introduces an Online Child Sexual Abuse and Exploitation (CSAE) typology and adds a new scenario Identifying ‘Loverboy’ Sex Trafficking Network.

RedCompass Labs welcomes a strategic partnership with The Knoble, a global non-profit network of experts committed to preventing financial crime from harming vulnerable people around the world.

Discover a new report commissioned by The UK Independent Anti-Slavery Commissioner, that reveals the ties between the financial industry and modern slavery by analysing the levels of awareness, risks and challenges of modern slavery.

To mark the Anti-Slavery Day in the UK commemorated on October 18th, RedCompass has announced an update to the RedFlag Accelerator MSHT Typologies.

With the latest FinCEN files leak, is it evident that financial services industry fails in spotting signs of criminal activity in their systems. A problem to which a solution is already in our reach: flag driven AML analytics and accelerators.

What are financial institutions' obligations, challenges and opportunities when tackling modern slavery? [Free White Paper]

While apologising for their historic links to slavery, Financial institutions are wasting an opportunity to raise awareness on modern slavery.

RedCompass RedFlagAccelerator sponsors UK’s Independent Anti-Slavery Commissioner industry-wide research project to identify MSHT risks across the financial industry.

Tom Hewson, RedCompass Senior Partner, talks about the journey the team took to develop the RedCompass RedFlag Accelerator, a consolidated and standardised toolkit that enables banks to accelerate the search of human trafficking traces.

RedCompass is joining forces with STOP THE TRAFFIK, IBM and other partners to contribute to the Traffik Analysis Hub (TA Hub) to take the fight against human trafficking one step forward.