1. Automated detection of credit card fraud through machine learning.
- Author
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Shekhar, Mayank, Khawas, Krishna, and Murugan, Suganiya
- Subjects
- *
CREDIT card fraud , *CREDIT cards , *SMART cards , *DATA science , *MACHINE learning - Abstract
Credit card companies must identify fraudulent credit card transactions in order to prevent consumers from being charged for goods they did not buy. Data science can address these problems, so machine learning and data science as a combined field shouldn't be underestimated. The project's objective is to compile a catalogue of all datasets used for machine learning to detect credit card theft. The use of data from credit card transactions that are later discovered to be fraudulent to simulate earlier credit card transactions is one of the problems with identifying credit card fraud. Then, using this approach, the validity of new deals is assessed. Our intention is to reduce the number of erroneous deals by detecting all fraudulent ones. [ABSTRACT FROM AUTHOR]
- Published
- 2024
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