Credit Card Fraud Detection Using Machine Learning Techniques

Publications

Credit Card Fraud Detection Using Machine Learning Techniques

Year : 2023

Publisher : Institute of Electrical and Electronics Engineers Inc.

Source Title : 2023 2nd International Conference on Paradigm Shifts in Communications Embedded Systems, Machine Learning and Signal Processing, PCEMS 2023

Document Type :

Abstract

There are many types of fraud in our daily life. One of the frauds occurring these days is credit card fraud. When people around the globe make credit card transactions, there will also be fraudulent transactions. To avoid credit card fraud, we must know the patterns and how the fraud values differ. This paper proposed credit card fraud detection using machine learning based on the labeled data and differentiating the fraudulent and legitimate transactions. The experiment was conducted using supervised machine-learning techniques.