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7 articles for “Credit card frauds”
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Enhancing Credit Card Fraud Detection Using Device Fingerprinting and Behavioral Biometrics
Abstract: Credit card fraud is a growing global concern, with financial losses projected to reach $ 43.47 billion by 2028. Credit card fraud poses a major challenge in the financial industry, resulting in substantial financial losses and security risks. This research introduces a Machine Learning-based Credit Card Fraud Detection System designed to improve the accuracy of fraud identification. Due to the imbalanced nature of fraud datasets, SMOTE (Synthetic Minority Over-sampling Technique) …
Published in Journal Of Network security · Vol. 13, Issue 2, 2025 · pp. 40–50 Read article
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Credit Card Fraud Detection Using Machine Learning Techniques
Abstract: Credit card fraud has become a significant concern in today's digital economy, with billions of dollars being lost annually to fraudulent transactions. Conventional rule-based approaches frequently prove inadequate in addressing the constantly changing strategies employed by fraudsters. Machine learning methods have emerged as robust solutions for detecting credit card fraud, presenting the capability to accurately identify fraudulent transactions promptly. In this study, we investigate the efficiency of three widely used …
Published in Journal of Open Source Developments · Vol. 11, Issue 1, 2024 · pp. 1–7 Read article
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A Comprehensive Analysis of Machine Learning Models for Credit Card Fraud Detection
Abstract: This paper presents an indepth comparison of various machine learning models—Logistic Regression, Support Vector Classification (SVC), and Neural Networks (NN)—in the context of credit card fraud detection. The analysis spans multiple performance metrics, including accuracy, F1 score, precision, recall, and computational efficiency. Logistic Regression demonstrates competitive performance in terms of accuracy, but its poor precision renders it unsuitable for fraud detection tasks. Conversely, the Neural Network exhibits balanced precision and …
Published in Journal of Computer Technology & Applications · Vol. 16, Issue 3, 2025 Read article
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Card Fraud Detection Using Artificial Neural Network and Multilayer Perception Algorithm
Abstract: Fraud has posed a significant challenge for merchants, especially in the online business sector, over the course of many years. This is primarily due to the advancements in technology that have made credit card transactions a common method of payment. Credit card fraud refers to the unauthorized use of a credit card by an individual for personal purposes, without the owner's consent and with no intention of paying for the …
Published in International Journal of Algorithms Design and Analysis Review · Vol. 1, Issue 1, 2023 · pp. 21–30 Read article
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Cloud-driven Fraud Detection: Evaluating Decision Tree and Random Forest Classifiers for Credit Card Transaction Security
Abstract: With the alarming rise in global financial fraud, necessitating substantial annual losses, modern techniques for fraud detection are continuously evolving across various business domains. Fraud detection involves constant monitoring of user activities to estimate, perceive, or prevent undesirable behaviour. Cloud Computing emerges as a promising solution, accelerating application deployment, fostering creativity and innovation, reducing costs, and enhancing overall business acumen. This study introduces a cloud-driven approach to fraud detection, specifically …
Published in Recent Trends in Parallel Computing · Vol. 11, Issue 1, 2024 · pp. 13–27 Read article
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Detection of Phishing Website URLs and Email/SMS Using Random Forest and Multinomial Naive Bayes
Abstract: Currently, phishing attacks via SMS/email and URL have become significant threat to cybersecurity, posing risks to both individuals and organizations alike. Phishing attacks typically involve the creation of fraudulent websites or the dissemination of deceptive emails and SMS messages to trick users into disclosing sensitive information such as passwords, credit card numbers or personal details. To respond to these attacks, we develop a robust system for the detection of phishing …
Published in Journal of Computer Technology & Applications · Vol. 16, Issue 1, 2025 · pp. 22–30 Read article
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Data-Driven Predictive Analytics and Decision- Making in FinTech Using MongoDB and High-Throughput Data Pipelines
Abstract: This paper examines the implementation of MongoDB and high-throughput data pipelines within the financial technology (FinTech) sector to drive data-informed predictive analytics and decision-making. The study focuses on the architectural components, scalability, and challenges of integrating NoSQL databases into real-time data ingestion and analytics pipelines. The transformative potential of these technologies in modern financial systems is highlighted through practical use cases such as fraud detection, credit scoring, and personalized financial …
Published in International Journal of Algorithms Design and Analysis Review · Vol. 3, Issue 1, 2025 · pp. 1–15 Read article