Combining unsupervised and supervised learning in credit card fraud detection
نویسندگان
چکیده
منابع مشابه
Credit Card Fraud Detection using Data mining and Statistical Methods
Due to today’s advancement in technology and businesses, fraud detection has become a critical component of financial transactions. Considering vast amounts of data in large datasets, it becomes more difficult to detect fraud transactions manually. In this research, we propose a combined method using both data mining and statistical tasks, utilizing feature selection, resampling and cost-...
متن کاملA Novel Machine Learning Approach to Credit Card Fraud Detection
The use of credit cards is of paramount importance in improving the economic strength of any nation, however, fraudulent activities associated with it is of great concern. When fraud occurs on credit cards, the negative impact is huge as the financial loss experienced cuts across all the parties involved. This paper provides a proactive measure at detecting fraudulent activities regarding the c...
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A growing amount of consumers are making purchases online. Due to this rise in online retail, online credit card fraud is increasingly becoming a common type of theft. Previously used rule based systems are no longer scalable, because fraudsters can adapt their strategies over time. The advantage of using machine learning is that it does not require an expert to design rules which need to be up...
متن کاملA Novel Machine Learning Approach to Credit Card Fraud Detection
The use of credit cards is of paramount importance in improving the economic strength of any nation, however, fraudulent activities associated with it is of great concern. When fraud occurs on credit cards, the negative impact is huge as the financial loss experienced cuts across all the parties involved. This paper provides a proactive measure at detecting fraudulent activities regarding the c...
متن کاملA Novel Machine Learning Approach to Credit Card Fraud Detection
The use of credit cards is of paramount importance in improving the economic strength of any nation, however, fraudulent activities associated with it is of great concern. When fraud occurs on credit cards, the negative impact is huge as the financial loss experienced cuts across all the parties involved. This paper provides a proactive measure at detecting fraudulent activities regarding the c...
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ژورنال
عنوان ژورنال: Information Sciences
سال: 2021
ISSN: 0020-0255
DOI: 10.1016/j.ins.2019.05.042