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L.E. Touwen

2 records found

A new way of cooperative cycle detection against financial crime

Decentralised cycle detection using cross-institutional transactions

The act of masking the origin of illegal funds, to inject them into the economy in seemingly legal manners is called money laundering. Adversaries make use of money laundering to stay undetected when using illegally obtained money, from stealing, fraud, or other criminal activiti ...
Financial institutions have a large responsibility when it comes to detecting and preventing financial crime. However, dedicated tools to aid in financial crime detection have more demand than supply. The combination of regulatory restrictions with regards to sharing client infor ...