Do Digital Technologies Facilitate Illicit Financial Flows?
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, th...
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| Format: | Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2016
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| Online Access: | http://documents.worldbank.org/curated/en/2016/02/25851779/world-development-report-2016-digital-dividends-digital-technologies-facilitate-illicit-financial-flows http://hdl.handle.net/10986/23803 |
| id |
okr-10986-23803 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
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 |
| spellingShingle |
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 Tropina, Tatiana Do Digital Technologies Facilitate Illicit Financial Flows? |
| description |
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 financial flows can be established. Part one defines
illicit financial flows to establish the scope of the
problem and provide the context for further analysis. Part
two focuses on the issue of digital technologies in the
process of earning money illegally and transferring illicit
funds, and analyzes how technology can help in the process
of acquisition, transfers, and integration of illicit finds.
Part three discusses the role of technology in fighting
illicit financial flows. Part four concludes with
suggestions for further areas of research in this field and
ways to tackle the problem more effectively. |
| format |
Working Paper |
| author |
Tropina, Tatiana |
| author_facet |
Tropina, Tatiana |
| author_sort |
Tropina, Tatiana |
| title |
Do Digital Technologies Facilitate Illicit Financial Flows? |
| title_short |
Do Digital Technologies Facilitate Illicit Financial Flows? |
| title_full |
Do Digital Technologies Facilitate Illicit Financial Flows? |
| title_fullStr |
Do Digital Technologies Facilitate Illicit Financial Flows? |
| title_full_unstemmed |
Do Digital Technologies Facilitate Illicit Financial Flows? |
| title_sort |
do digital technologies facilitate illicit financial flows? |
| publisher |
World Bank, Washington, DC |
| publishDate |
2016 |
| url |
http://documents.worldbank.org/curated/en/2016/02/25851779/world-development-report-2016-digital-dividends-digital-technologies-facilitate-illicit-financial-flows http://hdl.handle.net/10986/23803 |
| _version_ |
1764454936326701056 |
| spelling |
okr-10986-238032021-05-25T10:54:43Z Do Digital Technologies Facilitate Illicit Financial Flows? Tropina, Tatiana 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 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 financial flows can be established. Part one defines illicit financial flows to establish the scope of the problem and provide the context for further analysis. Part two focuses on the issue of digital technologies in the process of earning money illegally and transferring illicit funds, and analyzes how technology can help in the process of acquisition, transfers, and integration of illicit finds. Part three discusses the role of technology in fighting illicit financial flows. Part four concludes with suggestions for further areas of research in this field and ways to tackle the problem more effectively. 2016-03-02T16:26:04Z 2016-03-02T16:26:04Z 2016-01 Working Paper http://documents.worldbank.org/curated/en/2016/02/25851779/world-development-report-2016-digital-dividends-digital-technologies-facilitate-illicit-financial-flows http://hdl.handle.net/10986/23803 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Working Paper Publications & Research |