Time flies with great content! Renew in to keep enjoying all our premium content.
Prime
Fighting financial crimes in digital fast payments systems
While digital fast payment systems have revolutionised trade, both domestically and internationally, they also present an array of opportunities for illicit activity.
Financial crimes exert enormous direct costs on society, fueling a wide range of criminal activities such as fraud, trafficking, illegal arms trade, and terrorism.
These crimes also include corruption, which diverts funds meant for public investment or social programs, further straining societies.