Proceedings of the ASEAN Conference on Sexual Exploitation of Children (ACOSEC 2024)

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A Model for Preventing the Misuse of Financial Service Providers in Child Sexual Transactions

Authors
Diandra Sabila Nigara1, *, Gresia Ayu Astrida1
1PT Bank Negara Indonesia, Jakarta, Indonesia
*Corresponding author. Email: diandrabusinessmail@gmail.com
Corresponding Author
Diandra Sabila Nigara
Available Online 19 December 2024.
DOI
10.2991/978-2-38476-325-2_6How to use a DOI?
Keywords
Child Sexual Exploitation; Financial Service Providers; Detection Mechanisms; Machine Learning; Regulatory Frameworks
Abstract

The paper, “A Model for Preventing the Misuse of Financial Service Providers in Child Sexual Transactions,” addresses the challenge of financial systems being exploited to fund and profit from child sexual exploitation (CSE). The objective is to propose a preventive model for financial institutions to detect and report CSE-related transactions. The authors employ secondary data analysis to explore current practices and identify gaps in regulatory frameworks and detection mechanisms. Findings reveal that financial service providers (FSPs) are often unaware of the illicit use of their systems for CSE due to weak detection protocols and a lack of regulatory urgency. The proposed model emphasizes the integration of machine learning, artificial intelligence, and inter-agency cooperation, while training staff to identify red flags. The conclusion underscores the necessity for a comprehensive approach involving technological advancements, regulatory improvements, and industry-wide collaboration to prevent CSE crimes through FSPs.

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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Volume Title
Proceedings of the ASEAN Conference on Sexual Exploitation of Children (ACOSEC 2024)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
19 December 2024
ISBN
978-2-38476-325-2
ISSN
2352-5398
DOI
10.2991/978-2-38476-325-2_6How to use a DOI?
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.

Cite this article

risenwbib
TY  - CONF
AU  - Diandra Sabila Nigara
AU  - Gresia Ayu Astrida
PY  - 2024
DA  - 2024/12/19
TI  - A Model for Preventing the Misuse of Financial Service Providers in Child Sexual Transactions
BT  - Proceedings of the ASEAN Conference on Sexual Exploitation of Children (ACOSEC 2024)
PB  - Atlantis Press
SP  - 47
EP  - 55
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-325-2_6
DO  - 10.2991/978-2-38476-325-2_6
ID  - Nigara2024
ER  -