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Related papers: Fighting Money Laundering with Statistics and Mach…

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Money launderers take advantage of limitations in existing detection approaches by hiding their financial footprints in a deceitful manner. They manage this by replicating transaction patterns that the monitoring systems cannot easily…

Machine Learning · Computer Science 2026-04-15 Haseeb Tariq , Alen Kaja , Marwan Hassani

Financial crimes like money laundering and terrorism financing can have significant impacts on society, including loss of trust in the integrity of the financial system, misuse and mismanagement of public funds, increase in societal…

Cryptography and Security · Computer Science 2026-02-17 Yang Li , Thilina Ranbaduge , Kee Siong Ng

The application of machine learning to support the processing of large datasets holds promise in many industries, including financial services. However, practical issues for the full adoption of machine learning remain with the focus being…

Machine Learning · Computer Science 2021-05-14 Ismini Psychoula , Andreas Gutmann , Pradip Mainali , S. H. Lee , Paul Dunphy , Fabien A. P. Petitcolas

Money laundering (ML) is the behavior to conceal the source of money achieved by illegitimate activities, and always be a fast process involving frequent and chained transactions. How can we detect ML and fraudulent activity in large scale…

Computers and Society · Computer Science 2021-03-24 Xiaobing Sun , Jiabao Zhang , Qiming Zhao , Shenghua Liu , Jinglei Chen , Ruoyu Zhuang , Huawei Shen , Xueqi Cheng

Credit card fraud is an ongoing problem for almost all industries in the world, and it raises millions of dollars to the global economy each year. Therefore, there is a number of research either completed or proceeding in order to detect…

Machine Learning · Computer Science 2020-07-30 Yusuf Yazici

Credit cards play an exploding role in modern economies. Its popularity and ubiquity have created a fertile ground for fraud, assisted by the cross boarder reach and instantaneous confirmation. While transactions are growing, the fraud…

Cryptography and Security · Computer Science 2022-08-24 Gayan K. Kulatilleke

This systematic literature review examines the role of machine learning in fraud detection within digital banking, synthesizing evidence from 118 peer-reviewed studies and institutional reports. Following the PRISMA guidelines, the review…

Machine Learning · Computer Science 2025-10-08 Md Zahin Hossain George , Md Khorshed Alam , Md Tarek Hasan

Data economy relies on data-driven systems and complex machine learning applications are fueled by them. Unfortunately, however, machine learning models are exposed to fraudulent activities and adversarial attacks, which threaten their…

Machine Learning · Computer Science 2023-07-06 Danele Lunghi , Alkis Simitsis , Olivier Caelen , Gianluca Bontempi

In the age of digital finance, detecting fraudulent transactions and money laundering is critical for financial institutions. This paper presents a scalable and efficient solution using Big Data tools and machine learning models. We utilize…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-06-04 Chen Liu , Hengyu Tang , Zhixiao Yang , Ke Zhou , Sangwhan Cha

Money laundering and financial fraud remain major threats to global financial stability, costing trillions annually and challenging regulatory oversight. This paper reviews how artificial intelligence (AI) applications can modernize…

Artificial Intelligence · Computer Science 2025-12-09 Chuanhao Nie , Yunbo Liu , Chao Wang

Recent research has shown that criminal networks have complex organizational structures, but whether this can be used to predict static and dynamic properties of criminal networks remains little explored. Here, by combining graph…

In the context of globalization and the rapid expansion of the digital economy, anti-money laundering (AML) has become a crucial aspect of financial oversight, particularly in cross-border transactions. The rising complexity and scale of…

Machine Learning · Computer Science 2024-12-11 Qian Yu , Zhen Xu , Zong Ke

Given a stream of money transactions between accounts in a bank, how can we accurately detect money laundering agent accounts and suspected behaviors in real-time? Money laundering agents try to hide the origin of illegally obtained money…

Social and Information Networks · Computer Science 2022-01-26 Xiaobing Sun , Wenjie Feng , Shenghua Liu , Yuyang Xie , Siddharth Bhatia , Bryan Hooi , Wenhan Wang , Xueqi Cheng

The rapid advancements in artificial intelligence (AI) have presented new opportunities for enhancing efficiency and economic competitiveness across various industries, espcially in banking. Machine learning (ML), as a subset of artificial…

Cryptography and Security · Computer Science 2024-12-09 Ana Kovacevic , Sonja D. Radenkovic , Dragana Nikolic

As cyber attacks continue to increase in frequency and sophistication, detecting malware has become a critical task for maintaining the security of computer systems. Traditional signature-based methods of malware detection have limitations…

Cryptography and Security · Computer Science 2024-03-05 Khatoon Mohammed

Predicting crime using machine learning and deep learning techniques has gained considerable attention from researchers in recent years, focusing on identifying patterns and trends in crime occurrences. This review paper examines over 150…

Machine Learning · Computer Science 2023-06-16 Varun Mandalapu , Lavanya Elluri , Piyush Vyas , Nirmalya Roy

Coping with malware is getting more and more challenging, given their relentless growth in complexity and volume. One of the most common approaches in literature is using machine learning techniques, to automatically learn models and…

Cryptography and Security · Computer Science 2018-11-27 Daniele Ucci , Leonardo Aniello , Roberto Baldoni

Credit card fraud has emerged as major problem in the electronic payment sector. In this survey, we study data-driven credit card fraud detection particularities and several machine learning methods to address each of its intricate…

Machine Learning · Computer Science 2020-10-14 Yvan Lucas , Johannes Jurgovsky

The rise of digital payments has accelerated the need for intelligent and scalable systems to detect fraud. This research presents an end-to-end, feature-rich machine learning framework for detecting credit card transaction anomalies and…

Credit card frauds are at an ever-increasing rate and have become a major problem in the financial sector. Because of these frauds, card users are hesitant in making purchases and both the merchants and financial institutions bear heavy…

Machine Learning · Computer Science 2020-12-08 Thanh Thi Nguyen , Hammad Tahir , Mohamed Abdelrazek , Ali Babar