Big Data for Anti-Terror Funding:
Where is the money?
To detect real time monetary transaction anomalies in the Malaysian financial ecosystem
There huge sum of money leaving the Malaysian financial system for a particular entity (person & shell companies) to high risk country through series of bank account, remittances and digital cash, The idea was to create entity profile using corporation registration (SSM ID) and personal (MyKad & Passport) to match with their bank account details, income taxes and import/export data. Any anomalies to certain high risk country in terms of tax haven, drugs, terror and illicit activities from the particular entity will be flagged to authorities.