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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

Money laundering poses severe risks to global financial systems, driving the widespread adoption of machine learning for transaction monitoring. However, progress remains stifled by the lack of realistic benchmarks. Existing…

Cryptocurrencies have emerged as a new form of digital money that has not escaped the eyes of cyber-attackers. Traditionally, they have been maliciously used as a medium of exchange for proceeds of crime in the cyber dark-market by…

Cryptography and Security · Computer Science 2021-02-23 Aaron Zimba , Mumbi Chishimba , Christabel Ngongola-Reinke , Tozgani Fainess Mbale

The financial industry relies on deep learning models for making important decisions. This adoption brings new danger, as deep black-box models are known to be vulnerable to adversarial attacks. In computer vision, one can shape the output…

Machine Learning · Computer Science 2024-08-27 Alina Ermilova , Elizaveta Kovtun , Dmitry Berestnev , Alexey Zaytsev

The lack of accessible transactional data significantly hinders machine learning research for Anti-Money Laundering (AML). Privacy and legal concerns prevent the sharing of real financial data, while existing synthetic generators focus on…

Machine Learning · Computer Science 2026-03-03 Montijn van den Beukel , Jože Martin Rožanec , Ana-Lucia Varbanescu

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

Phishing detection on Ethereum has increasingly leveraged advanced machine learning techniques to identify fraudulent transactions. However, limited attention has been given to understanding the effectiveness of feature selection strategies…

Cryptography and Security · Computer Science 2025-04-28 Ahod Alghuried , Abdulaziz Alghamdi , Ali Alkinoon , Soohyeon Choi , Manar Mohaisen , David Mohaisen

Fraudulent activities on digital banking services are becoming more intricate by the day, challenging existing defenses. While older rule driven methods struggle to keep pace, even precision focused algorithms fall short when new scams are…

Cryptography and Security · Computer Science 2026-01-21 Karthikeyan V. R. , Premnath S. , Kavinraaj S. , J. Sangeetha

Nowadays, organizations collect vast quantities of sensitive information in `Enterprise Resource Planning' (ERP) systems, such as accounting relevant transactions, customer master data, or strategic sales price information. The leakage of…

Machine Learning · Computer Science 2020-12-15 Marco Schreyer , Chistian Schulze , Damian Borth

In e-commerce industry, user behavior sequence data has been widely used in many business units such as search and merchandising to improve their products. However, it is rarely used in financial services not only due to its 3V…

Machine Learning · Computer Science 2021-01-13 Wei Min , Weiming Liang , Hang Yin , Zhurong Wang , Mei Li , Alok Lal

We systematically evaluate the quality of widely used adversarial safety datasets from two perspectives: in isolation and in practice. In isolation, we examine how well these datasets reflect real-world adversarial attacks based on three…

Cryptography and Security · Computer Science 2026-04-24 Shahriar Golchin , Marc Wetter

Money laundering has become one of the most relevant criminal activities in modern societies, as it causes massive financial losses for governments, banks and other institutions. Detecting such activities is among the top priorities when it…

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

In this paper, we focused on using deep learning methods for detecting money laundering in financial transaction networks, in order to demonstrate that it can be used as a complement or instead of the more commonly used rule-based systems…

Machine Learning · Computer Science 2025-09-25 Mashkhal Abdalwahid Sidiq , Yimamu Kirubel Wondaferew

Anti-money laundering (AML) research is constrained by the lack of publicly shareable, regulation-aligned transaction datasets. We present AMLNet, a knowledge-based multi-agent framework with two coordinated units: a regulation-aware…

Artificial Intelligence · Computer Science 2025-09-16 Sabin Huda , Ernest Foo , Zahra Jadidi , MA Hakim Newton , Abdul Sattar

Financial fraud cases are on the rise even with the current technological advancements. Due to the lack of inter-organization synergy and because of privacy concerns, authentic financial transaction data is rarely available. On the other…

Regulatory authorities aim to tackle illegal activities by targeting the economic incentives that drive such behaviour. This is typically achieved through the implementation of financial sanctions against the entities involved in the…

Cryptography and Security · Computer Science 2024-09-17 Francesco Zola , Jon Ander Medina , Raul Orduna

As various forms of fraud proliferate on Ethereum, it is imperative to safeguard against these malicious activities to protect susceptible users from being victimized. While current studies solely rely on graph-based fraud detection…

Cryptography and Security · Computer Science 2023-11-01 Sihao Hu , Zhen Zhang , Bingqiao Luo , Shengliang Lu , Bingsheng He , Ling Liu

USDT, a stablecoin pegged to dollar, has become a preferred choice for money laundering due to its stability, anonymity, and ease of use. Notably, a new form of money laundering on stablecoins -- we refer to as crowdsourcing laundering --…

Cryptography and Security · Computer Science 2025-12-03 Guang Li , Litong Sun , Jieying Zhou , Weigang Wu

Different types of malicious activities have been flagged in multiple permissionless blockchains such as bitcoin, Ethereum etc. While some malicious activities exploit vulnerabilities in the infrastructure of the blockchain, some target its…

Cryptography and Security · Computer Science 2021-01-29 Rachit Agarwal , Tanmay Thapliyal , Sandeep K. Shukla