TY - JOUR AB - Advancing technology has improved the ability of financial institutions and their users to conduct cybercommerce. Improved technology, however, has also provided an opportunity for criminals and fraudsters to use computer software systems to transfer their illicit gains and thereby sustain their criminal enterprises. Cybercommerce depends on rapid, anonymous and unsupervised transactions. Such a system is extremely vulnerable to criminals seeking to launder money on the Internet. In a system where there are millions of transactions unsupervised by financial institutions, comprehensive oversight becomes impractical. VL - 4 IS - 2 SN - 1359-0790 DO - 10.1108/eb025768 UR - https://doi.org/10.1108/eb025768 AU - Alexander Kern AU - Munro Robert PY - 1996 Y1 - 1996/01/01 TI - Cyberpayments: Internet and Electronic Money Laundering: Countdown to the Year 2000 T2 - Journal of Financial Crime PB - MCB UP Ltd SP - 156 EP - 160 Y2 - 2024/03/28 ER -