publication . Research . 2016

Do Digital Technologies Facilitate Illicit Financial Flows?

Tropina, T.;
Open Access English
  • Published: 01 Jan 2016
  • Publisher: World Bank, Washington, DC
  • Country: United States
Abstract
The emerging concept of illicit financial flows has become a crosscutting issue on the international agenda in recent years. This umbrella term refers to money illegally earned, transferred, or used. With the development of digital technologies, the use of information and communications networks as a tool for facilitating illicit financial flows is rising as one of the key challenges in tackling the problem of the movement of illegal funds. Digital technologies facilitate illicit financial flows at each stage, be it earning money illegally, transferring illegal funds, or using them. There are several areas where clear links between technology and illicit financi...
Subjects
ACM Computing Classification System: ComputingMilieux_COMPUTERSANDSOCIETY
free text keywords: DEVELOPMENT OF INFORMATION, EQUIPMENT, CUSTOMER, COMMUNICATION TECHNOLOGIES, PAYMENT SERVICE, MATERIALS, TELECOMMUNICATION, SEARCH, E-COMMERCE, MONITORING, SCANNING, TRAFFIC DATA, CAPACITY BUILDING, SYSTEM, PRICE, DIGITAL NETWORKS, CREDIT CARD, PAYMENTS, COMPUTER SYSTEMS, VIRUSES, COMPONENTS, DIRECT CONNECTION, E-GOVERNMENT, COMPUTER, ECONOMIC ACTIVITY, COMMUNICATIONS, ONLINE PAYMENT, DATA, GLOBAL COMMUNICATION, DIGITAL, COMMERCE, FINANCIAL INSTITUTION, TECHNOLOGICAL DEVELOPMENTS, LICENSE, CUSTOMS, TARGETS, MOBILE NETWORK, GLOBALIZATION, FINANCIAL INSTITUTIONS, DIGITAL ECONOMY, FINANCIAL FLOWS, WEB, ELECTRONIC PAYMENTS, NATURAL RESOURCES, MARKETPLACES, GLOBAL ECONOMIES, PUBLISHING, TRANSACTIONS, AUCTIONS, COMMUNICATION NETWORKS, SOFTWARE, BASIC, MOBILE PHONE, COMMUNICATIONS TECHNOLOGIES, PRIVACY ISSUES, TECHNOLOGY TOOLS, FREE SOFTWARE, CAPACITY-BUILDING, NETWORKS, PROTOCOLS, INFORMATION EXCHANGE, DIGITAL MONEY, ELECTRONIC DATA, E-COMMERCE PROVIDERS, INTERNET, RESULT, TECHNOLOGICAL DEVELOPMENT, ECONOMIC DEVELOPMENT, E- COMMERCE, WIRE TRANSFERS, PRIVACY CONCERNS, BUSINESS, BUSINESSES, PEER-TO-PEER, ELECTRONIC PAYMENT, ACTION PLANS, SERVERS, INSTITUTION, PROTOCOL, COMMUNICATION, NEW TECHNOLOGY, AT, ONLINE BANKING, COMMODITIES, COMMUNICATIONS NETWORKS, HACKERS, FINANCIAL SYSTEMS, PAYMENT SYSTEMS, OUTSOURCING, SERVER, E- GOVERNMENT SYSTEMS, HARMONIZATION, CREDIT CARDS, DIGITAL ERA, INFORMATION TECHNOLOGY, E-PAYMENT, PORTALS, LAW ENFORCEMENT, DATA TRANSFER, NEXT GENERATION, PAYMENT SYSTEM, INFORMATION, LEGAL ASSISTANCE, PRIVACY, SOFTWARE VENDORS, GATEWAYS, BUSINESS MODELS, TECHNICAL SKILLS, INFORMATION TECHNOLOGIES, CRIME INVESTIGATION, DIGITAL CURRENCIES, PAYMENT TRANSACTIONS, NEW TECHNOLOGIES, LEGAL FRAMEWORKS, INSTITUTIONS, LINK, COMPUTERS, TELECOMMUNICATIONS, C2C, FINANCIAL TRANSACTION, VALUE CHAINS, INTERNATIONAL LAWS, ONLINE PAYMENT SYSTEMS, NETWORKING, INTERNET GOVERNANCE, AUTOMATION, INFORMATION NETWORKS, DIGITAL TECHNOLOGY, LINKS, PAYMENT METHODS, TECHNOLOGICAL INNOVATIONS, WEBSITES, DIGITAL TECHNOLOGIES, E- GOVERNMENT, CRIMINAL GROUPS, DATABASES, FINANCIAL SYSTEM, ONLINE SERVICES, CAPABILITIES, PHONE, USERS, TECHNOLOGY, TRANSACTION, RELIABILITY, FRAUD, COMPUTER DATA, RESULTS, ENCRYPTION, DATA FORMATS, E-GOLD, BUSINESS-TO-BUSINESS, ONLINE DATABASES, COPYING, CUSTOM, SYSTEMS, MOBILE COMMUNICATIONS, BUSINESS RELATIONSHIP, ELECTRONIC DOCUMENTS, DIFFERENT PROTOCOLS, ONLINE TRANSACTIONS, INTERNET COMMERCE, PAYMENT GATEWAYS, IMAGES, EXCHANGE OF INFORMATION, ELECTRONIC MONEY, MEDIA, ADMINISTRATION, ONLINE BUSINESSES, SECURITY, B2B, NETWORK, PAYMENT SERVICES, PHYSICAL PRESENCE, TELECOM, INNOVATION, PROFIT, IT, DEBIT CARD, TECHNICAL SUPPORT, WEBSITE, CUSTOMERS, SEARCHES, DATABASE, INTERNET SERVICE PROVIDERS, IP, PROFITS, TECHNOLOGIES, COMMODITY, TARGET, PRICES, USES, INNOVATIONS, USER, SERVICE PROVIDERS
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