Data mining technology is applied to fraud detection to establish the fraud detection model, describe the process of creating the fraud detection model, then establish data model with ID3 decision tree, and establish example of fraud detection model by using this model. As e-commerce sales continue to grow, the associated online fraud remains an attractive source of revenue for fraudsters. Thes...

Since the beginning of insurance industry, there has been problem fraudulent claims. These are a broad variety illegal activities, most which never uncovered while costing industry billions dollars annually. It is estimated that India's suffering losses around 600–Rs. 600 million each year because growing economy, more awareness, and strengthened distribution networks. 800 crores in sustained y...

Fraud is an unauthorized activity taking place in electronic payments systems, but these are treated as illegal activities. Fraud detection methods are continuously developed to defend criminals in adapting to their strategies. Fraud can be identified quickly and easily through fraud detection techniques. In this paper, clustering approach is used for credit card fraud detection. Data is genera...

The insurance industry has positioned itself as a basic pillar of our modern society. It will undoubtedly continue to assume that status in the future, even though, under impulse of technological advancement and trends toward globalization and deregulation of financial and real markets, the nature of the insurance business and its value proposition are likely to undergo considerable changes. In...

Fraud is an unauthorized activity taking place in electronic payments systems, but these are treated as illegal activities. Fraud detection methods are continuously developed to defend criminals in adapting to their strategies. Fraud can be identified quickly and easily through fraud detection techniques. In this paper, clustering approach is used for credit card fraud detection. Data is genera...