Financial Crime in the Digital Era
Financial crime in the digital era has become more complex, sophisticated, and pervasive. With the increasing use of technology and digital platforms, criminals are exploiting new methods to commit fraud, money laundering, identity theft, and other financial crimes. Combating financial crime in the digital era requires a multifaceted approach involving technological innovations, regulatory measures, international collaboration, and the education of both consumers and financial institutions. As the landscape of financial crime evolves, the tools and strategies to combat it must adapt.
This book highlights the idea that combating financial crime in the digital era is a complex task that requires the use of cutting-edge technology, effective regulations, and collaborative efforts among governments, financial institutions, and consumers. While the digital landscape provides opportunities for criminals to exploit new vulnerabilities, this book also offers tools that, if used effectively, can help detect, prevent, and disrupt financial crimes. The key to success lies in staying ahead of criminals by continuously evolving strategies, strengthening systems, and fostering international cooperation to protect the integrity of global financial systems.
Monica Violeta Achim is professor and doctoral supervisor for Finance at the Faculty of Economics and Business Administration, Babeş-Bolyai University, Cluj-Napoca, Romania. With over 25 years of experience in the academic field, she has published, as author and co-author, over 140 scientific articles and 25 books. In 2020, she received the Award for Excellence in Scientific Research at Babeş-Bolyai University in recognition of her scientific research. Her main areas of research are financial crime, tax avoidance, tax evasion, corruption, money laundering, fraud, bank fraud, ESG reporting fraud, insider trading, etc. She is a member of the Association of Certified Financial Crime Specialists (ACFE).
