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

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.

Determinants of Consumers’ Patronage of Commercial Banks in Southwest, Nigeria

This study identifies, categorizes and examines the factors influencing customers in their decision to engage in financial transaction with commercial banks. Primary data were elicited from bank customers across Six States in Southwest, Nigeria. The data collected from the randomly sampled respondents were analysed using descriptive statistics and Kruskal-Wallis H ranking test. The findings from non-parametric analysis of the factors using Kruskal-Wallis ranking technique show that, respectively, timeliness of operations, internet service and safety of transactions are of great values to bank customers. It is important for banks to internalize the identified factors in order to increase patronage and efficiency of fund mobilization.

Impact of Extraction the Cause in Financial Transactions: A Comparative analytical Study: أثر تخريج المناط في المعاملات المالية: دراسة تحليلية مقارنة

The study aimed at showing practical impact which results from the process of extracting the cause in the matters of financial transactions. The researcher used for that the comparative analytical approach , where he turned to follow proofs of the very specific intentional financial transaction ; then, these proofs through abstract procedural and methodological tracks, to inspect the latent causes behind permission or prohibition of these transactions , in order these inferred doctrinal provisions to be adopted at the same course in relation to other transactions that take part with the same ones that their causes have been extracted. Undoubtedly, the type of transactions from which the researcher has taken the subject of his research that its cause is undiscussed, or what texts permit a decision without minimum sign to their cause; where the researcher studied the transaction of a man who purchases what he doesn't have, relying on proofs in this connection; then , he had inferred the cause of this transaction and extracted it , to arrive at the doctrinal impact arising from this extraction , i.e. giving the decision of this transaction itself to other transactions participating with it the cause as: sale of unawareness , sale before receiving , sale of non- existent , or there is not ability to deliver; and between unacceptability to include other transaction within the same arrangement , since the cause is different ; and an instance of that matter is giving back female sheep with a measure equals to the duration the purchaser makes benefit from the existence of this animal at his barn; and after extracting this cause of the matter , the researcher could establish a law of doctrinal impairments.

Pengembangan Usaha Pada Kelompok Pengrajin Ukiran Batok Kelapa di Desa Tampaksiring Kabupaten Gianyar

The handicraft industry in Bali has enormous potential as a driving force for the community economy. One of the small handicraft industries in Bali which is famous for its artistic touch is coconut shell crafts in Tampaksiring Village which is located in the north of Gianyar Regency. Mr. Made Sarjana and Mr. Wayan Supuma are service partners as well as owners of the Coconut Shell handicraft business in Tampaksiring Village. The problems faced by coconut shell handicraft business owners in Tampaksiring Village are lack of understanding of strategies to improve their business, how to market their products online and do not have the ability to process good financial transaction recording. Through socialization related to marketing mix strategies, it is carried out to overcome obstacles related to limited marketing coverage areas, through assistance related to the use of websites, it is hoped that it can help partners in marketing their products online and through providing knowledge related to simple financial records, it is hoped that it can help partners in knowing the flow of funds out and in. that happened.