scholarly journals Self-Organising Map Based Framework for Investigating Accounts Suspected of Money Laundering

2021 ◽  
Vol 4 ◽  
Author(s):  
Abdallah Alshantti ◽  
Adil Rasheed
Keyword(s):  
Money Laundering ◽  
Financial Institutions ◽  
Dimensional Space ◽  
Classification Performance ◽  
Risk Levels ◽  
Financial Transaction ◽  
Bank Accounts ◽  
Self Organising Map ◽  
Lower Dimensional Space ◽  
Lower Dimensional

There has been an emerging interest by financial institutions to develop advanced systems that can help enhance their anti-money laundering (AML) programmes. In this study, we present a self-organising map (SOM) based approach to predict which bank accounts are possibly involved in money laundering cases, given their financial transaction histories. Our method takes advantage of the competitive and adaptive properties of SOM to represent the accounts in a lower-dimensional space. Subsequently, categorising the SOM and the accounts into money laundering risk levels and proposing investigative strategies enables us to measure the classification performance. Our results indicate that our framework is well capable of identifying suspicious accounts already investigated by our partner bank, using both proposed investigation strategies. We further validate our model by analysing the performance when modifying different parameters in our dataset.

scholarly journals Optimization of the multidimensional signal interpolator in a lower dimensional space

2019 ◽  
Vol 43 (4) ◽  
pp. 653-660 ◽  
Author(s):  
M.V. Gashnikov
Keyword(s):  
Experimental Study ◽  
Dimensional Space ◽  
Three Dimensional ◽  
Two Dimensional ◽  
Multidimensional Signals ◽  
Multidimensional Signal ◽  
Signal Sample ◽  
Lower Dimensional Space ◽  
Lower Dimensional ◽  
Selection Of

Adaptive multidimensional signal interpolators are developed. These interpolators take into account the presence and direction of boundaries of flat signal regions in each local neighborhood based on the automatic selection of the interpolating function for each signal sample. The selection of the interpolating function is performed by a parameterized rule, which is optimized in a parametric lower dimensional space. The dimension reduction is performed using rank filtering of local differences in the neighborhood of each signal sample. The interpolating functions of adaptive interpolators are written for the multidimensional, three-dimensional and two-dimensional cases. The use of adaptive interpolators in the problem of compression of multidimensional signals is also considered. Results of an experimental study of adaptive interpolators for real multidimensional signals of various types are presented.

scholarly journals GENETIC ALGORITHMS FOR MULTIDIMENSIONAL SCALING / GENETINIŲ ALGORITMŲ TAIKYMAS DAUGIAMATĖMS SKALĖMS

2015 ◽  
Vol 7 (3) ◽  
pp. 275-279 ◽  
Author(s):  
Agnė Dzidolikaitė
Keyword(s):  
Genetic Algorithm ◽  
Genetic Algorithms ◽  
Multidimensional Scaling ◽  
Optimization Problem ◽  
Dimensional Space ◽  
Local Solution ◽  
Multidimensional Data ◽  
Global Optimization Problem ◽  
Lower Dimensional Space ◽  
Lower Dimensional

The paper analyzes global optimization problem. In order to solve this problem multidimensional scaling algorithm is combined with genetic algorithm. Using multidimensional scaling we search for multidimensional data projections in a lower-dimensional space and try to keep dissimilarities of the set that we analyze. Using genetic algorithms we can get more than one local solution, but the whole population of optimal points. Different optimal points give different images. Looking at several multidimensional data images an expert can notice some qualities of given multidimensional data. In the paper genetic algorithm is applied for multidimensional scaling and glass data is visualized, and certain qualities are noticed. Analizuojamas globaliojo optimizavimo uždavinys. Jis apibrėžiamas kaip netiesinės tolydžiųjų kintamųjų tikslo funkcijos optimizavimas leistinojoje srityje. Optimizuojant taikomi įvairūs algoritmai. Paprastai taikant tikslius algoritmus randamas tikslus sprendinys, tačiau tai gali trukti labai ilgai. Dažnai norima gauti gerą sprendinį per priimtiną laiko tarpą. Tokiu atveju galimi kiti – euristiniai, algoritmai, kitaip dar vadinami euristikomis. Viena iš euristikų yra genetiniai algoritmai, kopijuojantys gyvojoje gamtoje vykstančią evoliuciją. Sudarant algoritmus naudojami evoliuciniai operatoriai: paveldimumas, mutacija, selekcija ir rekombinacija. Taikant genetinius algoritmus galima rasti pakankamai gerus sprendinius tų uždavinių, kuriems nėra tikslių algoritmų. Genetiniai algoritmai taip pat taikytini vizualizuojant duomenis daugiamačių skalių metodu. Taikant daugiamates skales ieškoma daugiamačių duomenų projekcijų mažesnio skaičiaus matmenų erdvėje siekiant išsaugoti analizuojamos aibės panašumus arba skirtingumus. Taikant genetinius algoritmus gaunamas ne vienas lokalusis sprendinys, o visa optimumų populiacija. Skirtingi optimumai atitinka skirtingus vaizdus. Matydamas kelis daugiamačių duomenų variantus, ekspertas gali įžvelgti daugiau daugiamačių duomenų savybių. Straipsnyje genetinis algoritmas pritaikytas daugiamatėms skalėms. Parodoma, kad daugiamačių skalių algoritmą galima kombinuoti su genetiniu algoritmu ir panaudoti daugiamačiams duomenims vizualizuoti.

scholarly journals Interface-targeted seismic velocity estimation using machine learning

2019 ◽  
Vol 218 (1) ◽  
pp. 45-56 ◽  
Author(s):  
C Nur Schuba ◽  
Jonathan P Schuba ◽  
Gary G Gray ◽  
Richard G Davy
Keyword(s):  
Neural Network ◽  
Regression Model ◽  
Dimensional Space ◽  
Seismic Profile ◽  
Velocity Estimation ◽  
Seismic Survey ◽  
Wide Angle ◽  
Seismic Velocities ◽  
Lower Dimensional Space ◽  
Lower Dimensional

SUMMARY We present a new approach to estimate 3-D seismic velocities along a target interface. This approach uses an artificial neural network trained with user-supplied geological and geophysical input features derived from both a 3-D seismic reflection volume and a 2-D wide-angle seismic profile that were acquired from the Galicia margin, offshore Spain. The S-reflector detachment fault was selected as the interface of interest. The neural network in the form of a multilayer perceptron was employed with an autoencoder and a regression layer. The autoencoder was trained using a set of input features from the 3-D reflection volume. This set of features included the reflection amplitude and instantaneous frequency at the interface of interest, time-thicknesses of overlying major layers and ratios of major layer time-thicknesses to the total time-depth of the interface. The regression model was trained to estimate the seismic velocities of the crystalline basement and mantle from these features. The ‘true’ velocities were obtained from an independent full-waveform inversion along a 2-D wide-angle seismic profile, contained within the 3-D data set. The autoencoder compressed the vector of inputs into a lower dimensional space, then the regression layer was trained in the lower dimensional space to estimate velocities above and below the targeted interface. This model was trained on 50 networks with different initializations. A total of 37 networks reached minimum achievable error of 2 per cent. The low standard deviation (<300  m s−1) between different networks and low errors on velocity estimations demonstrate that the input features were sufficient to capture variations in the velocity above and below the targeted S-reflector. This regression model was then applied to the 3-D reflection volume where velocities were predicted over an area of ∼400 km2. This approach provides an alternative way to obtain velocities across a 3-D seismic survey from a deep non-reflective lithology (e.g. upper mantle) , where conventional reflection velocity estimations can be unreliable.

Identifying and reducing the money laundering risks posed by individuals who have been unknowingly recruited as money rules

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Ehi Eric Esoimeme
Keyword(s):  
Money Laundering ◽  
Financial Institutions ◽  
Task Force ◽  
The United States ◽  
Close Attention ◽  
Content Type ◽  
Terrorist Financing ◽  
Medium Risk ◽  
Bank Accounts ◽  
The Uk

Purpose This paper aims to help build awareness with financial institutions about the money laundering risks posed by individuals who have been unknowingly recruited as Money Mules and theme assures that financial institution scan adopt to detect illicit funds which are being received into the bank accounts of low risk or medium risk customers who are unknowingly recruited as “Money Mules”. Design/methodology/approach The research took the form of a desk study, which analysed various documents and reports such as a 2019 report on Money Mules by the European Union Agency for Law Enforcement Cooperation (EUROPOL); a 2019 and 2020 report on Money Mules by the Federal Bureau of Investigation (FBI) and the Better Business Bureau (BBB); the Financial Action Task Force Guidance on the Risk Based Approach to Combating Money Laundering and Terrorist Financing (High Level Principles and Procedures) 2007; the Financial Action Task Force Recommendations 2012; the United Kingdom’s Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017; the United States Federal Financial Institutions Examination Council Bank Secrecy Act/Anti-Money Laundering Examination Manual 2014; Transparency International Corruption Perceptions Index 2018; The UK Proceeds of Crime Act 2002 (as amended); the Joint Money Laundering Steering Group JMLSG, Prevention of money laundering/combating terrorist financing: Guidance for the UK financial sector Part I June 2017 (Amended December 2017); the United States Codified Bank Secrecy Act Regulations (31 CFR); the Nigerian Money Laundering Prohibition Act 2011 (as amended); and the Joint Money Laundering Steering Group JMLSG, Prevention of money laundering/combating terrorist financing: Guidance for the UK financial sector Part II: Sectoral Guidance June 2017 (Amended December 2017). Findings This paper determined that financial institutions may be able to prevent proceeds of crime from being laundered by individuals who have been unknowingly recruited as Money Mules if they focus monitoring resources on the emotionally vulnerable customers like newcomers to the country, unemployed people who may have lost their jobs because of a pandemic like COVID-19, students and those in economic hardship; pay very close attention to the country of origin where the funds emanate from; pay very close attention to the country where the funds are being transferred to; and pay close attention to frequent large cash deposits followed by wire transfers. Originality/value While most articles focus on the money laundering risk(s) associated with Money Mules and the measures that individuals can use to ensure that their bank accounts are not used by criminals to launder illicit funds, this paper focuses on the different mechanisms that banks can use to detect illicit funds which are being received into the bank accounts of low risk or medium risk customers who are unknowingly recruited as “Money Mules”. This paper recommends a proportional approach that balances anti-money laundering measures, financial inclusion and human rights. The mechanisms/measures which have been extensively discussed in this paper will help banks to identify, assess and understand their money laundering and terrorist financing risks as it relates to Money Mules and take commensurate measures to mitigate them.

scholarly journals Binary Linear Compression for Multi-label Classification

2017 ◽  
Author(s):  
Wen-Ji Zhou ◽  
Yang Yu ◽  
Min-Ling Zhang
Keyword(s):  
Dimensional Space ◽  
Classification Problem ◽  
Complex Model ◽  
Linear Mapping ◽  
Regression Problem ◽  
Low Dimensional ◽  
The Relationship ◽  
Lower Dimensional Space ◽  
Lower Dimensional ◽  
Linear Compression

In multi-label classification tasks, labels are commonly related with each other. It has been well recognized that utilizing label relationship is essential to multi-label learning. One way to utilizing label relationship is to map labels to a lower-dimensional space of uncorrelated labels, where the relationship could be encoded in the mapping. Previous linear mapping methods commonly result in regression subproblems in the lower-dimensional label space. In this paper, we disclose that mappings to a low-dimensional multi-label regression problem can be worse than mapping to a classification problem, since regression requires more complex model than classification. We then propose the binary linear compression (BILC) method that results in a binary label space, leading to classification subproblems. Experiments on several multi-label datasets show that, employing classification in the embedded space results in much simpler models than regression, leading to smaller structure risk. The proposed methods are also shown to be superior to some state-of-the-art approaches.

scholarly journals TESTING THE RELATIONAL PERSPECTIVE MAP FOR VISUALIZATION OF MULTIDIMENSIONAL DATA

2006 ◽  
Vol 12 (4) ◽  
pp. 289-294 ◽  
Author(s):  
Rasa Karbauskaitė ◽  
Virginijus Marcinkevičius ◽  
Gintautas Dzemyda
Keyword(s):  
Dimensional Space ◽  
Multidimensional Data ◽  
Two Dimensional ◽  
Relational Perspective ◽  
Lower Dimensional Space ◽  
Lower Dimensional ◽  
Better Than ◽  
Closed Plane

This paper deals with a method, called the relational perspective map that visualizes multidimensional data onto two‐dimensional closed plane. It tries to preserve the distances between the multidimensional data in the lower‐dimensional space. But the most important feature of the relational perspective map is the ability to visualize data in a non‐overlapping manner so that it reveals small distances better than other known visualization methods. In this paper, the features of this method are explored experimentally and some disadvantages are noticed. We have proposed a modification of this method, which enables us to avoid them.

scholarly journals Deep Clustering with Self-supervision using Pairwise Data Similarities

2021 ◽  
Author(s):  
Mohammadreza Sadeghi ◽  
Narges Armanfard
Keyword(s):  
Dimensional Space ◽  
Second Phase ◽  
Similar Data ◽  
Number Of Clusters ◽  
Latent Space ◽  
Benchmark Datasets ◽  
Data Points ◽  
Complex Cluster ◽  
Lower Dimensional Space ◽  
Lower Dimensional

<div>Deep clustering incorporates embedding into clustering to find a lower-dimensional space appropriate for clustering. In this paper we propose a novel deep clustering framework with self-supervision using pairwise data similarities (DCSS). The proposed method consists of two successive phases. In the first phase we propose to form hypersphere-like groups of similar data points, i.e. one hypersphere per cluster, employing an autoencoder which is trained using cluster-specific losses. The hyper-spheres are formed in the autoencoder’s latent space. In the second phase, we propose to employ pairwise data similarities to create a K-dimensional space that is capable of accommodating more complex cluster distributions; hence, providing more accurate clustering performance. K is the number of clusters. The autoencoder’s latent space obtained in the first phase is used as the input of the second phase. Effectiveness of both phases are demonstrated on seven benchmark datasets through conducting a rigorous set of experiments.</div>

LIE SYMMETRIES OF TWO (2+1)-DIMENSIONAL TODA-LIKE LATTICES BY THE EXTENDED DIFFERENTIAL FORM METHOD

2012 ◽  
Vol 09 (08) ◽  
pp. 1220014 ◽  
Author(s):  
NA LV ◽  
JIAN-QIN MEI ◽  
HONG-QING ZHANG
Keyword(s):  
Differential Form ◽  
Dimensional Space ◽  
Differential Forms ◽  
Lie Symmetries ◽  
The Other ◽  
Lower Dimensional Space ◽  
Lower Dimensional

Based on the extended Harrison and Estabrook's differential form method, we obtain the Lie symmetries of two (2+1)-dimensional Toda-like lattices from two different sets of differential forms, respectively. Moreover it is shown that, for each lattice, the determining equations for the two sets give the same symmetries; and the set of differential forms for the lower-dimensional space can make the computation for finding symmetries simpler than the other.

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