
Credit card fraud is a major concern in today's world, as it involves the illegal use of credit cards to obtain goods or services. The process of credit card fraud often involves "laundering" dirty money, making it difficult to trace the source of funds. With the large volume of financial transactions happening globally, It might be difficult to identify credit card theft. In the past, anti-fraud suites were introduced to detect suspicious activity on individual transactions, but they were not effective in detecting fraud across multiple bank accounts. To overcome this challenge, we propose using machine learning techniques, specifically the 'Structural Similarity' method, to identify common attributes and behavior across multiple bank account transactions. It can be challenging to identify credit card fraud from huge datasets, so we also suggest utilizing case reduction techniques to shrink the input dataset and then looking for pairs of transactions with similar characteristics and behaviours.
Support Vector Machine, Fraud Detection, Haar Cascade Algorithm
Support Vector Machine, Fraud Detection, Haar Cascade Algorithm
| selected citations These citations are derived from selected sources. This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically). | 0 | |
| popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network. | Average | |
| influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically). | Average | |
| impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network. | Average |
