Leveraging Strategic Alliances: Financial Services and NGOs in the Fight Against Child Sexual Exploitation

DOI

10.2991/978-2-38476-325-2_9How to use a DOI?

Keywords

Child Sexual Exploitation; Financial Services; NGOs; Strategic Alliances; Data Analytics; Anti-Money Laundering; Victim Support; Collaboration; Prevention Strategies

Abstract

This paper investigates the role of strategic alliances between financial services and non-governmental organizations (NGOs) in combating child sexual exploitation (CSE). The findings highlight that financial institutions’ advanced data analytics and monitoring systems significantly enhance the detection and reporting of suspicious activities linked to CSE. These institutions use anti-money laundering (AML) systems and artificial intelligence (AI) to identify unusual transaction patterns, which are critical in uncovering exploitation networks. NGOs, on the other hand, provide essential victim support, advocacy, and prevention programs, leveraging their grassroots presence to address the immediate needs of victims and drive systemic change. Case studies demonstrate that joint training programs improve the understanding of each sector’s capabilities, while shared databases and information exchange platforms facilitate better coordination and more effective interventions. Coordinated efforts between financial institutions and NGOs have led to the disruption of significant CSE networks and the rescue of numerous victims. However, challenges such as data privacy concerns, regulatory constraints, and resource limitations need to be addressed to maximize the impact of these collaborations. The paper concludes with recommendations for strengthening partnerships through enhanced information sharing, expanded training programs, technological integration, regulatory harmonization, and strategic resource allocation.

Copyright

© 2024 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Fandy Zulmi
PY  - 2024
DA  - 2024/12/19
TI  - Leveraging Strategic Alliances: Financial Services and NGOs in the Fight Against Child Sexual Exploitation
BT  - Proceedings of the ASEAN Conference on Sexual Exploitation of Children (ACOSEC 2024)
PB  - Atlantis Press
SP  - 77
EP  - 84
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-325-2_9
DO  - 10.2991/978-2-38476-325-2_9
ID  - Zulmi2024
ER  -