21 May 2013

In the shadows

31 August 2011  |  3790 views  |  0 Source: Rice University biometrics - eye

New tech and older money transfer systems combine to create novel ways for criminals to move illicit funds under the radar.

The paper - 'Shadowy figures: Tracking illicit financial transactions in the murky world of digital currencies, peer-to-peer networks, and mobile device payments' published by the James A Baker Institute for Public Policy at Rice University' - asserts that a combination of the enormous growth in social networks, the complexity of peer-to-peer systems and software, and the number of Internet and wirelessly connected devices is altering the landscape of financial transactions at a rate and to a degree that is unprecedented.ยป Download the document now 340.2 kb (PDF File)

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Related blogs

Create a blog about this story (membership required)

Solution source

Search by company or single key word

Who is commenting?