Corruption minimization systems based on the detection of abnormal financial transactions: A Perspective of Bangladesh

Corruption is a pervasive and detrimental phenomenon in Bangladesh, affecting both moral values and economic prosperity. Upon reviewing the "quarterly anti-corruption commission report" released by the anti-corruption commission, it appears that corruption is widespread across all sectors in Bangladesh. We cannot build a corruption-free Bangladesh by changing ethics overnight. We do not want to change our moral values, but we want to build a corruption-free Bangladesh. I think we have not made much progress in eradicating or curbing corruption. “Money is the root of corruption." 80% of corruption is for money, so only monitoring money transactions can reduce corruption. Monitoring of money transactions requires migration to a cashless society. In a cashless society, financial transactions are conducted without the use of physical money, such as banknotes and coins. Instead, transactions are completed through digital means, such as credit and debit cards, mobile payments, and online banking. Digital payments are often faster and more convenient than cash transactions. Corruption can be reduced by using the proposed artificial intelligence-based system to detect anomalous digital transactions.