Mikko Siponen

Rachel Chung, Pratyush Nidhi Sharma, Mikko Siponen et al.

Money laundering is a critical global issue for financial institutions. Automated Anti-money laundering (AML) models, like Graph Neural Networks (GNN), can be trained to identify illicit transactions in real time. A major issue for developing such models is the lack of access to training data due to privacy and confidentiality concerns. Synthetically generated data that mimics the statistical properties of real data but preserves privacy and confidentiality has been proposed as a solution. However, training AML models on purely synthetic datasets presents its own set of challenges. This article proposes the use of hybrid datasets to augment the utility of synthetic datasets by incorporating publicly available, easily accessible, and real-world features. These additions demonstrate that hybrid datasets not only preserve privacy but also improve model utility, offering a practical pathway for financial institutions to enhance AML systems.

Pekka Abrahamsson, Nilay Oza, Mikko T. Siponen

Although agile software development methods have caught the attention of software engineers and researchers worldwide, scientific research still remains quite scarce. The aim of this study is to order and make sense of the different agile approaches that have been proposed. This comparative review is performed from the standpoint of using the following features as the analytical perspectives: project management support, life-cycle coverage, type of practical guidance, adaptability in actual use, type of research objectives and existence of empirical evidence. The results show that agile software development methods cover, without offering any rationale, different phases of the software development life-cycle and that most of these methods fail to provide adequate project management support. Moreover, quite a few methods continue to offer little concrete guidance on how to use their solutions or how to adapt them in different development situations. Empirical evidence after ten years of application remains quite limited. Based on the results, new directions on agile methods are outlined.