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Network dismantling is to identify a minimal set of nodes whose removal breaks the network into small components of subextensive size. Because finding the optimal set of nodes is an NP-hard problem, several heuristic algorithms have been…

Physics and Society · Physics 2018-08-01 Yoon Seok Im , B. Kahng

We consider the problem of distributed corruption detection in networks. In this model, each vertex of a directed graph is either truthful or corrupt. Each vertex reports the type (truthful or corrupt) of each of its outneighbors. If it is…

Combinatorics · Mathematics 2020-03-13 Noga Alon , Elchanan Mossel , Robin Pemantle

With growing credit card transaction volumes, the fraud percentages are also rising, including overhead costs for institutions to combat and compensate victims. The use of machine learning into the financial sector permits more effective…

Machine Learning · Computer Science 2022-08-26 Gayan K. Kulatilleke , Sugandika Samarakoon

Assessment of risk levels for existing credit accounts is important to the implementation of bank policies and offering financial products. This paper uses cluster analysis of behaviour of credit card accounts to help assess credit risk…

Statistical Finance · Quantitative Finance 2019-02-13 Maha Bakoben , Tony Bellotti , Niall Adams

We investigate the structure of global inter-firm linkages using a dataset that contains information on business partners for about 400,000 firms worldwide, including all the firms listed on the major stock exchanges. Among the firms, we…

Physics and Society · Physics 2015-05-12 Takayuki Mizuno , Takaaki Ohnishi , Tsutomu Watanabe

Financial networks help firms manage risk but also enable financial shocks to spread. Despite their importance, existing models of financial networks have several limitations. Prior works often consider a static network with a simple…

Optimization and Control · Mathematics 2024-02-06 Akhil Jalan , Deepayan Chakrabarti , Purnamrita Sarkar

In recent years, financial fraud detection systems have become very efficient at detecting fraud, which is a major threat faced by e-commerce platforms. Such systems often include machine learning-based algorithms aimed at detecting and…

Cryptography and Security · Computer Science 2023-12-05 Chen Doytshman , Satoru Momiyama , Inderjeet Singh , Yuval Elovici , Asaf Shabtai

This research explores the opportunities for the application of network analytic techniques to prevent money laundering. We worked on real world data by analyzing the central database of a factoring company, mainly operating in Italy, over…

Social and Information Networks · Computer Science 2021-05-13 A. Fronzetti Colladon , E. Remondi

Networks describe a range of social, biological and technical phenomena. An important property of a network is its degree correlation or assortativity, describing how nodes in the network associate based on their number of connections.…

Social and Information Networks · Computer Science 2017-02-06 David N Fisher , Matthew J Silk , Daniel W Franks

Deceptive patterns are design practices embedded in digital platforms to manipulate users, representing a widespread and long-standing issue in the web and mobile software development industry. Legislative actions highlight the urgency of…

Cryptography and Security · Computer Science 2024-02-07 Zewei Shi , Ruoxi Sun , Jieshan Chen , Jiamou Sun , Minhui Xue

As impressively shown by the financial crisis in 2007/08, contagion effects in financial networks harbor a great threat for the stability of the entire system. Without sufficient capital requirements for banks and other financial…

Risk Management · Quantitative Finance 2019-11-19 Daniel Ritter

This work explores the characteristics of financial contagion in networks whose links distributions approaches a power law, using a model that defines banks balance sheets from information of network connectivity. By varying the parameters…

General Finance · Quantitative Finance 2014-10-10 Vanessa Hoffmann de Quadros , Juan Carlos González-Avella , José Roberto Iglesias

Nowadays, social networks of ever increasing size are studied by researchers from a range of disciplines. The data underlying these networks is often automatically gathered from API's, websites or existing databases. As a result, the…

Social and Information Networks · Computer Science 2022-01-24 Javier Garcia-Bernardo , Frank W. Takes

For centuries, national economies created wealth by engaging in international trade and production. The resulting international supply networks not only increase wealth for countries, but also create systemic risk: economic shocks,…

General Economics · Economics 2021-12-02 Abhijit Chakraborty , Tobias Reisch , Christian Diem , Stefan Thurner

The 2008 financial crisis illustrated the need for a thorough, functional understanding of systemic risk in strongly interconnected financial structures. Dynamic processes on complex networks being intrinsically difficult, most recent…

General Finance · Quantitative Finance 2015-08-05 Matteo Smerlak , Brady Stoll , Agam Gupta , James S. Magdanz

The spread of misinformation poses a threat to the social media ecosystem. Effective countermeasures to mitigate this threat require that social media platforms be able to accurately detect low-credibility accounts even before the content…

Social and Information Networks · Computer Science 2024-01-26 Bao Tran Truong , Oliver Melbourne Allen , Filippo Menczer

With the ever-increasing spread of misinformation on online social networks, it has become very important to identify the spreaders of misinformation (unintentional), disinformation (intentional), and misinformation refutation. It can help…

Social and Information Networks · Computer Science 2023-05-02 Euna Mehnaz Khan , Ayush Ram , Bhavtosh Rath , Emily Vraga , Jaideep Srivastava

Financial fraud is an issue with far reaching consequences in the finance industry, government, corporate sectors, and for ordinary consumers. Increasing dependence on new technologies such as cloud and mobile computing in recent years has…

Cryptography and Security · Computer Science 2015-10-27 J. West , Maumita Bhattacharya , R. Islam

We embrace a fresh perspective to auditing by analyzing a large set of companies as complex financial networks rather than static aggregates of balance sheet data. Preliminary analyses show that network centrality measures within these…

Computational Engineering, Finance, and Science · Computer Science 2023-11-30 M. Boersma , S. Sourabh , L. A. Hoogduin , D. Kandhai

Network-based marketing refers to a collection of marketing techniques that take advantage of links between consumers to increase sales. We concentrate on the consumer networks formed using direct interactions (e.g., communications) between…

Statistics Theory · Mathematics 2007-06-13 Shawndra Hill , Foster Provost , Chris Volinsky