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Money laundering is a global phenomenon with wide-reaching social and economic consequences. Cryptocurrencies are particularly susceptible due to the lack of control by authorities and their anonymity. Thus, it is important to develop new…

Machine Learning · Computer Science 2021-07-22 Catarina Oliveira , João Torres , Maria Inês Silva , David Aparício , João Tiago Ascensão , Pedro Bizarro

As the availability of financial services online continues to grow, the incidence of fraud has surged correspondingly. Fraudsters continually seek new and innovative ways to circumvent the detection algorithms in place. Traditionally, fraud…

Machine Learning · Computer Science 2024-11-25 Prashank Kadam

This study proposes a credit card fraud detection method based on Heterogeneous Graph Neural Network (HGNN) to address fraud in complex transaction networks. Unlike traditional machine learning methods that rely solely on numerical features…

Machine Learning · Computer Science 2025-04-14 Qiuwu Sha , Tengda Tang , Xinyu Du , Jie Liu , Yixian Wang , Yuan Sheng

The problem of anomaly detection has been studied for a long time. In short, anomalies are abnormal or unlikely things. In financial networks, thieves and illegal activities are often anomalous in nature. Members of a network want to detect…

Machine Learning · Computer Science 2017-02-28 Thai Pham , Steven Lee

The high volume of increasingly sophisticated cyber threats is drawing growing attention to cybersecurity, where many challenges remain unresolved. Namely, for intrusion detection, new algorithms that are more robust, effective, and able to…

Cryptography and Security · Computer Science 2021-11-29 Liyan Chang , Paula Branco

Machine learning models that can exploit the inherent structure in data have gained prominence. In particular, there is a surge in deep learning solutions for graph-structured data, due to its wide-spread applicability in several fields.…

Machine Learning · Computer Science 2020-02-12 Uday Shankar Shanthamallu , Jayaraman J. Thiagarajan , Andreas Spanias

Blockchain transaction networks are complex, with evolving temporal patterns and inter-node relationships. To detect illicit activities, we propose a hybrid GCN-GRU model that captures both structural and sequential features. Using real…

Machine Learning · Computer Science 2025-09-10 Gyuyeon Na , Minjung Park , Hyeonjeong Cha , Soyoun Kim , Sunyoung Moon , Sua Lee , Jaeyoung Choi , Hyemin Lee , Sangmi Chai

The rise of digital ecosystems has exposed the financial sector to evolving abuse and criminal tactics that share operational knowledge and techniques both within and across different environments (fiat-based, crypto-assets, etc.).…

Machine Learning · Computer Science 2025-09-17 Francesco Zola , Jon Ander Medina , Andrea Venturi , Amaia Gil , Raul Orduna

Current anti-money laundering (AML) systems, predominantly rule-based, exhibit notable shortcomings in efficiently and precisely detecting instances of money laundering. As a result, there has been a recent surge toward exploring…

Machine Learning · Computer Science 2023-07-26 Fredrik Johannessen , Martin Jullum

Blockchain has widespread applications in the financial field but has also attracted increasing cybercrimes. Recently, phishing fraud has emerged as a major threat to blockchain security, calling for the development of effective regulatory…

Social and Information Networks · Computer Science 2022-04-19 Panpan Li , Yunyi Xie , Xinyao Xu , Jiajun Zhou , Qi Xuan

This paper reviews the applications of Graph Neural Networks (GNNs), Graph Convolutional Networks (GCNs), and Convolutional Neural Networks (CNNs) in blockchain technology. As the complexity and adoption of blockchain networks continue to…

Machine Learning · Computer Science 2024-10-02 Amy Ancelotti , Claudia Liason

Technological advancements in cryptocurrency markets have increased accessibility for investors, but concurrently exposed them to the risks of market manipulations. Existing fraud detection mechanisms typically rely on machine learning…

Machine Learning · Computer Science 2026-04-28 Lidia Losavio , Luca Persia , Madan Sathe , Dimosthenis Pasadakis

Money laundering presents a persistent challenge for financial institutions worldwide, while criminal organizations constantly evolve their tactics to bypass detection systems. Traditional anti-money laundering approaches mainly rely on…

Machine Learning · Computer Science 2026-04-06 Haseeb Tariq , Marwan Hassani

The anonymity of blockchain has accelerated the growth of illegal activities and criminal behaviors on cryptocurrency platforms. Although decentralization is one of the typical characteristics of blockchain, we urgently call for effective…

Social and Information Networks · Computer Science 2022-01-25 Jie Shen , Jiajun Zhou , Yunyi Xie , Shanqing Yu , Qi Xuan

Financial fraud detection is critical for maintaining the integrity of financial systems, particularly in decentralised environments such as cryptocurrency networks. Although Graph Convolutional Networks (GCNs) are widely used for financial…

Machine Learning · Computer Science 2025-11-04 Omkar Kulkarni , Rohitash Chandra

Rapid and massive adoption of mobile/ online payment services has brought new challenges to the service providers as well as regulators in safeguarding the proper uses such services/ systems. In this paper, we leverage recent advances in…

Social and Information Networks · Computer Science 2019-06-14 Da Sun Handason Tam , Wing Cheong Lau , Bin Hu , Qiu Fang Ying , Dah Ming Chiu , Hong Liu

We propose a novel application of graph attention networks (GATs), a type of graph neural network enhanced with attention mechanisms, to develop a deep learning algorithm for detecting collusive behavior, leveraging predictive features…

Econometrics · Economics 2025-07-18 David Imhof , Emanuel W Viklund , Martin Huber

Blockchain technology has revolutionized the way information is propagated in decentralized networks. Ethereum plays a pivotal role in facilitating smart contracts and decentralized applications. Understanding information propagation…

Machine Learning · Computer Science 2023-11-03 Stefan Kambiz Behfar , Jon Crowcroft

The global banking system has faced increasing challenges in combating money laundering, necessitating advanced methods for detecting suspicious transactions. Anti-money laundering (or AML) approaches have often relied on predefined…

Social and Information Networks · Computer Science 2024-09-04 Anthony Bonato , Juan Sebastian Chavez Palan , Adam Szava

With the development of blockchain technology, the cryptocurrency based on blockchain technology is becoming more and more popular. This gave birth to a huge cryptocurrency transaction network has received widespread attention. Link…

Machine Learning · Computer Science 2022-08-04 Zhou Yue , Liu ZhiGang , Yuan Ye