Review of Machine Learning Approach on Credit Card Fraud Detection

Abstract Massive usage of credit cards has caused an escalation fraud. Usage resulted in the growth online business advancement and ease e-payment system. The use machine learning (methods) are adapted on a larger scale to detect prevent ML algorithms play essential role analysing customer data. In this research article, we have conducted comparative analysis literature review considering techniques for card fraud detection (CCFD) data confidentiality. end, proposed hybrid solution, using neural network (ANN) federated framework. It been observed as effective solution achieving higher accuracy CCFD while ensuring privacy.