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CREDIT CARD FRAUD DETECTION USING MACHINE-LEARNING

Authors: Prateeksha M.S, B. Naga Swetha; Patil, Manjula;

CREDIT CARD FRAUD DETECTION USING MACHINE-LEARNING

Abstract

The recent advances of e-commerce and e-payment systems have sparked an increase in financial fraud cases such as credit card fraud. It is therefore crucial to implement mechanisms that can detect the credit card fraud. Features of credit card frauds play important role when machine learning is used for credit card fraud detection, and they must be chosen properly. This paper proposes a machine learning (ML) based credit card fraud detection engine using ML classifiers: Decision Tree (DT), Logistic Regression (LR), Artificial Neural Network (ANN). To validate the performance, the proposed credit card fraud detection engine is evaluated using a dataset generated from European cardholders. The result demonstrated that our proposed approach outperforms existing systems.

Keywords

Machine Learning Genetic Algorithm Fraud Detection Cybersecurity

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selected citations
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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).
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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.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
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