A Defense Mechanism for Credit Card Fraud Detection
نویسندگان
چکیده
منابع مشابه
Genetic algorithms for credit card fraud detection
Due to the rise and rapid growth of E-Commerce, use of credit cards for online purchases has dramatically increased and it caused an explosion in the credit card fraud. Fraud is one of the major ethical issues in the credit card industry. As credit card becomes the most popular mode of payment for both online as well as regular purchase, cases of fraud associated with it are also rising. In rea...
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Now a day technology is increasing very rapidly, which can be used for good as well as for bad purposes. Ecommerce is part of all most every system where online transitions are performed through internet through which frauds can be easily done. Credit card system is most vulnerable for frauds. Hence it is very much essential to have fraud detecting system. Till date various approaches have been...
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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-...
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Credit evaluation is one of the most important and difficult tasks for credit card companies, mortgage companies, banks and other financial institutes. Incorrect credit judgement causes huge financial losses. This work describes the use of an evolutionary-fuzzy system capable of classifying suspicious and non-suspicious credit card transactions. The paper starts with the details of the system u...
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As in present scenario the credit cards or netbanking is very popular and most preferred mode of transaction.The security of these transaction is also a major issue.In this paper we have given the theory to use three key factors of check on any transaction which is firstly trained by the HMM.This is to make the transactions more secure than the previously given theories.We firstly create the be...
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ژورنال
عنوان ژورنال: International Journal on Cryptography and Information Security
سال: 2012
ISSN: 1839-8626
DOI: 10.5121/ijcis.2012.2308