Search
  Advanced Search
 
Journal search
Journal cover: Journal of Money Laundering Control

Journal of Money Laundering Control

ISSN: 1368-5201

Online from: 1997

Subject Area: Accounting and Finance

Content: Latest Issue | icon: RSS Latest Issue RSS | Previous Issues

Options: To add Favourites and Table of Contents Alerts please take a Emerald profile

Previous article.Icon: Print.Table of Contents.Next article.Icon: .

A framework for data mining-based anti-money laundering research


Document Information:
Title:A framework for data mining-based anti-money laundering research
Author(s):Zengan Gao, (School of Economics and Management, Southwest Jiaotong University, Chengdu, People's Republic of China), Mao Ye, (School of Economics and Management, Southwest Jiaotong University, Chengdu, People's Republic of China)
Citation:Zengan Gao, Mao Ye, (2007) "A framework for data mining-based anti-money laundering research", Journal of Money Laundering Control, Vol. 10 Iss: 2, pp.170 - 179
Keywords:Crimes, Data analysis, Money laundering
Article type:Research paper
DOI:10.1108/13685200710746875 (Permanent URL)
Publisher:Emerald Group Publishing Limited
Abstract:

Purpose – The purpose of this paper is to propose a framework for data mining (DM)-based anti-money laundering (AML) research.

Design/methodology/approach – First, suspicion data are prepared by using DM techniques. Also, DM methods are compared with traditional investigation techniques. Next, rare transactional patterns are further categorized as unusual/abnormal/anomalous and suspicious patterns whose recognition also includes fraud/outlier detection. Then, in summarizing the reporting of money laundering (ML) crimes, an analysis is made on ML network generation, which involves link analysis, community generation, and network destabilization. Future research directions are derived from a review of literature.

Findings – The key of the framework lies in ML network analysis involving link analysis, community generation, and network destabilization.

Originality/value – The paper offers insights into DM in the context of AML.



Fulltext Options:

Login

Login

Existing customers: login
to access this document

Login


- Forgot password?
- Athens/Institutional login

Purchase

Purchase

Downloadable; Printable; Owned
HTML, PDF (79kb)Purchase

To purchase this item please login or register.

Login


- Forgot password?

Recommend to your librarian

Complete and print this form to request this document from your librarian


Marked list


Bookmark & share

Reprints & permissions