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Trafficking Technology
Increasing Accountability To Detect, Disrupt, and Report Illicit Transactions Linked to Child Sexual Abuse Material (CSAM).
Sex trafficking can often be traced to financial transactions, having the technology to recognize, report, and prevent CSAM is essential in eliminating it across the banking industry.
U.S. Bank, Fifth Third Bank, and Bank of America displayed exemplary leadership in partnering with the Child Rescue Coalition (CRC) and The Knoble to utilize Project Umbra for this end.
To honor U.S. Bank, Fifth Third Bank, and Bank of America’s leadership in the detection, disruption, and prevention of CSAM and to encourage further engagement in the financial sector.
CSAM is a growing issue in the world and a concern for risk and compliance divisions. U.S. Bank, Fifth Third Bank, and Bank of America each took actions to prevent illicit transactions within their respective corporations.
To:
Brian Moynihan and the Board of Directors of Bank of America
CC:
The Knoble Network
Eagle Freedom Alliance550 Bailey Ave, Suite 160 Fort Worth, TX 76107
Subject:
Letter of Thanks to Bank of America’s Leadership in Pioneering Project Umbra
As Bank of America shareholders and leading innovators in fighting human trafficking and child sexual exploitation, we are writing to express our deep appreciation and admiration for Bank of America’s Enterprise Financial Crimes Compliance’s (EFCC) exemplary leadership in pioneering Project Umbra with The Knoble. Bank of America’s EFCC helped create a common framework for identifying suspicious activity that would otherwise remain hidden within the global financial system.
This effort marks a transformative step in safeguarding children at scale and significantly assists federal, state and local law enforcement investigations against those that seek to victimize children. Bank of America’s leadership now has the potential to be adopted by thousands of additional banks in 2026, and this momentum has been led by Bank of America. Thank you!
We applaud Bank of America’s dedication to ensuring that the financial sector reflects the highest standards of human rights. By collaborating with the Child Rescue Coalition, The Knoble Network, and law enforcement, Bank of America has helped formulate a cohesive strategy to detect and expose illicit transactions across the financial landscape.
We are especially inspired by Bank of America’s willingness to lead by example rather than wait for others to act. Bank of America’s success is now driving new engagement by other financial institutions.
Being at the forefront of this groundbreaking initiative sends a clear signal that Bank of America’s financial leadership and ethical responsibility go hand-in-hand. Bank of America’s efforts to disrupt predatory networks not only protect children but also strengthen the integrity of the entire financial industry. We also believe these efforts strengthen Bank of America’s long-term value, reduce significant reputational risks, and reflect the values of your global customer base and the broader community.
We enthusiastically support these efforts and encourage Bank of America to continue advancing meaningful, scalable solutions to combat exploitation.
Sincerely,
The Eagle Freedom Alliance, managers and advisors to over $100 Billion
Wesley Lyons
For the Eagle Freedom Alliance
www.eagleventurefund.com/alliance
The Eagle Freedom Alliance is the voice of the counter–human trafficking movement to the public markets. While effective, scalable solutions exist, public companies and investors often lack trusted ways to identify what works and engage responsibly. The Alliance bridges that gap by elevating proven solutions, amplifying leadership, and encouraging adoption through the voice of investors.
