A company in Wayne, Pa., is using technology to help Asian authorities combat human trafficking.

QuantaVerse, founded in 2014, is combining data science with artificial intelligence to track and identify transactions by  money launderers, terrorist financiers and human traffickers, writes Roberto Torres at technical.ly.

[uam_ad id=”54865″]

The company, featured in a documentary released by The Economist, received an email from Liberty Asia containing the names of known traffickers, CIO Phil McLaughlin explained. 

“And so now, the names of those individuals are in our database,” McLaughlin said. “And anytime there’s a transaction in the future, regardless of where it comes from, we’re scanning against the database we’ve been collecting of people. If they ever do some transaction from financial services organizations we’re going to know it.”

To read the complete story, click here.

[uam_ad id=”54875″]