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Today, money laundering (ML) poses a serious threat not only to financial institutions but also to the nations. This criminal activity is becoming more and more sophisticated and seems to have moved from the clichy of drug trafficking to…

数据库 · 计算机科学 2017-03-30 Nhien-An Le-Khac , Sammer Markos , Michael O'Neill , Anthony Brabazon , Tahar Kechadi

Money laundering is a profound global problem. Nonetheless, there is little scientific literature on statistical and machine learning methods for anti-money laundering. In this paper, we focus on anti-money laundering in banks and provide…

机器学习 · 统计学 2023-03-22 Rasmus Jensen , Alexandros Iosifidis

Money laundering is a major global problem, enabling criminal organisations to hide their ill-gotten gains and to finance further operations. Prevention of money laundering is seen as a high priority by many governments, however detection…

社会与信息网络 · 计算机科学 2016-08-03 David Savage , Qingmai Wang , Pauline Chou , Xiuzhen Zhang , Xinghuo Yu

Recently, financial institutes have been dealing with an increase in financial crimes. In this context, financial services firms started to improve their vigilance and use new technologies and approaches to identify and predict financial…

机器学习 · 计算机科学 2021-05-25 Zeinab Rouhollahi

We present a data mining approach for profiling bank clients in order to support the process of detection of anti-money laundering operations. We first present the overall system architecture, and then focus on the relevant component for…

机器学习 · 计算机科学 2016-01-12 Claudio Alexandre , João Balsa

Financial forensics has an important role in the field of finance to detect and investigate the occurrence of finance related crimes like money laundering. However, as with other forms of criminal activities, the forensics analysis of such…

密码学与安全 · 计算机科学 2023-03-10 Jonathan Pan

Money laundering is a global problem that concerns legitimizing proceeds from serious felonies (1.7-4 trillion euros annually) such as drug dealing, human trafficking, or corruption. The anti-money laundering systems deployed by financial…

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…

社会与信息网络 · 计算机科学 2024-09-04 Anthony Bonato , Juan Sebastian Chavez Palan , Adam Szava

Criminals are using every means available to launder the profits from their illegal activities into ostensibly legitimate assets. Meanwhile, most commercial anti-money laundering systems are still rule-based, which cannot adapt to the…

社会与信息网络 · 计算机科学 2025-01-17 Xurui Li , Xiang Cao , Xuetao Qiu , Jintao Zhao , Jianbin Zheng

Money laundering enables organized crime by moving illicit funds into the legitimate economy. Although trillions of dollars are laundered each year, detection rates remain low because launderers evade oversight, confirmed cases are rare,…

For different factors/reasons, ranging from inherent characteristics and features providing decentralization, enhanced privacy, ease of transactions, etc., to implied external hardships in enforcing regulations, contradictions in data…

密码学与安全 · 计算机科学 2025-01-03 Dinesh Srivasthav P , Manoj Apte

Money laundering is a financial crime that obscures the origin of illicit funds, necessitating the development and enforcement of anti-money laundering (AML) policies by governments and organizations. The proliferation of mobile payment…

机器学习 · 计算机科学 2025-03-14 Jiani Fan , Lwin Khin Shar , Ruichen Zhang , Ziyao Liu , Wenzhuo Yang , Dusit Niyato , Bomin Mao , Kwok-Yan Lam

Every year, criminals launder billions of dollars acquired from serious felonies (e.g., terrorism, drug smuggling, or human trafficking) harming countless people and economies. Cryptocurrencies, in particular, have developed as a haven for…

机器学习 · 计算机科学 2021-10-06 Joana Lorenz , Maria Inês Silva , David Aparício , João Tiago Ascensão , Pedro Bizarro

Money laundering is a crime that makes it possible to finance other crimes, for this reason, it is important for criminal organizations and their combat is prioritized by nations around the world. The anti-money laundering process has not…

多智能体系统 · 计算机科学 2018-01-04 Claudio Alexandre , João Balsa

Money laundering is the crucial mechanism utilized by criminals to inject proceeds of crime to the financial system. The primary responsibility of the detection of suspicious activity related to money laundering is with the financial…

机器学习 · 计算机科学 2020-11-18 Utku Görkem Ketenci , Tolga Kurt , Selim Önal , Cenk Erbil , Sinan Aktürkoğlu , Hande Şerban İlhan

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…

密码学与安全 · 计算机科学 2015-10-27 J. West , Maumita Bhattacharya , R. Islam

Money laundering is the process where criminals use financial services to move massive amounts of illegal money to untraceable destinations and integrate them into legitimate financial systems. It is very crucial to identify such activities…

人工智能 · 计算机科学 2023-02-27 Md. Rezaul Karim , Felix Hermsen , Sisay Adugna Chala , Paola de Perthuis , Avikarsha Mandal

Money laundering is a critical step in the cyber crime process which is experiencing some changes as hackers and their criminal colleagues continually alter and optimize payment mechanisms. Conducting quantitative research on underground…

计算机与社会 · 计算机科学 2013-10-10 Jean-Loup Richet

A novel network-based approach is introduced to analyze banking systems, focusing on two main themes: identifying influential nodes within global banking networks using Bank for International Settlements data and developing an algorithm to…

社会与信息网络 · 计算机科学 2025-03-12 Anthony Bonato , Juan Chavez Palan , Adam Szava

Cryptocurrencies are considered relevant assets and they are currently used as an investment or to carry out transactions. However, specific characteristics commonly associated with the cryptocurrencies such as irreversibility,…

密码学与安全 · 计算机科学 2023-11-30 Hugo Almeida , Pedro Pinto , Ana Fernández Vilas
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