Search
38 articles for “detecting fraud”
-
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
-
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
-
Fraud Detection in Government Procurement Using Machine Learning
Abstract: Fraud represents a significant challenge in the realm of procurement, with estimates indicating that between 12 and 30% of global procurement budgets are lost to fraudulent activities (OECD, 2023). The pervasive nature of procurement fraud, which may encompass a range of deceptive practices such as bid rigging, invoice fraud, and procurement kickbacks, not only undermines the integrity of financial operations but also results in substantial losses for organizations. These losses …
Published in Journal of Open Source Developments · Vol. 12, Issue 2, 2025 · pp. 19–34 Read article
-
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
-
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
-
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
-
Enhancing Security of UPI Payments Through Artificial Intelligence
Abstract: The integration of Artificial Intelligence (AI) into modern digital payment systems has brought about a significant transformation in the banking and financial sector. Among these systems, the Unified Payments Interface (UPI), developed by the National Payments Corporation of India (NPCI), has emerged as one of the most successful real-time payment mechanisms due to its simplicity, accessibility, and efficiency. With the incorporation of AI technologies, UPI has witnessed notable improvements in …
Published in International Journal of Mobile Computing Technology · Vol. 3, Issue 2, 2025 · pp. 7–12 Read article
-
Detecting Fake Images with Python: A Simple Approach Using OpenCV and MD5
Abstract: In today’s modern era, ensuring the authenticity of pictures is crucial. This article presents a straightforward method for identifying fake pictures using the widely used OpenCV and MD5 technologies. OpenCV helps us examine pictures for irregularities such as abnormal colors or shapes, while MD5 is a unique digital fingerprint for each image. Our approach combines these tools to create a robust fraud detection system. OpenCV carefully examines various aspects of …
Published in Journal of Operating Systems Development & Trends · Vol. 11, Issue 1, 2024 · pp. 45–49 Read article
-
Exploring Artificial Intelligence in the Finance Sector
Abstract: Artificial intelligence (AI), machine learning (ML), and progressive algorithms illustrate a substantial technological leap with wide applications across sectors like automobiles, healthcare, gaming, finance, entertainment, and more. The foremost objective of AI is to produce intelligent, independent systems capable of self-sustaining decision-making. This study delivers a concise summary of AI, concentrating on its transformative influence on finance, especially within banking, asset firms, derivatives markets, and insurance enterprises. It summarizes the …
Published in E-Commerce for Future & Trends · Vol. 11, Issue 3, 2024 · pp. 16–23 Read article
-
Fake Cryptocurrency Detection Using Python
Abstract: This study investigates the use of Python-based techniques for detecting fraudulent cryptocurrencies, addressing a growing concern in the digital financial ecosystem. The research methodology integrates various data science approaches, including web scraping, API integration, and advanced data analysis using Pandas and NLTK. Machine learning models, particularly classification algorithms such as Random Forest, are employed to analyze key features extracted from cryptocurrency whitepapers, social media discussions, and transactional data. By training …
Published in Recent Trends in Programming languages · Vol. 12, Issue 1, 2025 · pp. 1–7 Read article
-
Implementing Machine Learning in Data Classification
Abstract: Data classification forms an essential aspect of artificial intelligence (AI) and soft computing, helping a great deal in the transformation of raw data into knowledge that forms the basis of numerous applications, such as fraud detection, medical diagnostics, and natural language processing. This study discusses the challenges and the state of the art in data classification, as far as scalability, noise handling, and feature selection optimization are concerned. It gives …
Published in International Journal of Data Structure Studies · Vol. 3, Issue 2, 2025 · pp. 15–22 Read article
-
Ramifications of Artificial Intelligence and Cyber Security
Abstract: Artificial intelligence (AI) has pros and cons for cyber security: AI can improve network security, anti-malware, and fraud detection. AI can simulate cyberattacks, automate responses, and analyse enormous databases. AI-powered phishing and deepfakes are cyber risks. AI can potentially be attacked and become a liability for corporations. AI has transformed cyber security, bringing both new opportunities and challenges. AI-powered tools discover abnormalities faster, automate threat responses, and improve threat detection …
Published in International Journal of Information Security Engineering · Vol. 3, Issue 1, 2025 · pp. 40–45 Read article
-
Charting the Path Forward: An In-Depth Analysis of Breakthroughs and Hurdles in Artificial Intelligence
Abstract: Recent years have witnessed tremendous progress in artificial intelligence (AI), fueled by exponential increases in processing power and data accessibility. These developments have made it possible for AI to be widely used in a variety of industries, such as healthcare, finance, autonomous driving, and more. Significant difficulties are presented by the "black-box" nature of many AI systems, which lack transparency and the capacity to explain. By encouraging algorithms that can …
Published in Recent Trends in Parallel Computing · Vol. 12, Issue 1, 2025 · pp. 13–23 Read article
-
Fake Product Detection Using Convolutional Neural Networks
Abstract: The widespread circulation of counterfeit products in global markets presents a significant threat to both consumer trust and the integrity of established brands. With the advancement of artificial intelligence, particularly deep learning, there is growing potential to develop more sophisticated systems to combat this issue. This study introduces a novel counterfeit detection framework using the VGG16 Convolutional Neural Network (CNN) to distinguish between authentic and counterfeit products through image analysis. …
Published in International Journal of Algorithms Design and Analysis Review · Vol. 3, Issue 2, 2025 · pp. 08–15 Read article
-
Implementing Blockchain to Enhance Security in the Pharmaceutical Industry and Combat Drug Counterfeiting
Abstract: Drug counterfeiting has emerged as a critical threat to public health, as it has enabled inferior and counterfeit drugs to flood many markets around the world thereby eroding trust in healthcare systems and patient safety. This paper seeks to address the glaring need for adequate security safeguards to curb the circulation of counterfeit drugs by proposing a blockchain model designed specifically for the pharmaceutical industries. In general, the idea of …
Published in Research & Reviews: A Journal of Drug Design & Discovery · Vol. 12, Issue 1, 2025 · pp. 33–46 Read article
-
The Rise of AI in E-Commerce: Transforming Shopping Experiences
Abstract: The field of e-commerce is transforming due to the integration of artificial intelligence, offering businesses fresh possibilities to enhance customer experiences, streamline operations, and foster expansion. This article explores the transformative impact of artificial intelligence (AI) on various aspects of e-commerce, including personalized shopping experiences, intelligent chatbots and virtual assistants, predictive analytics for inventory management, dynamic pricing strategies, visual search and image recognition, fraud detection, and security measures, augmented reality …
Published in Journal of Artificial Intelligence Research & Advances · Vol. 11, Issue 1, 2024 · pp. 22–26 Read article
-
Implementing Smart Voting Systems: Challenges and Opportunities
Abstract: This article offers a detailed explanation of the process for creating an innovative electronic voting system that utilizes the flexibility and efficiency of the Raspberry Pi. This method aims to improve voting security, transparency, and user-friendliness by employing digital technology and a mechanism called the Voter Verified Paper Audit Trail (VVPAT). The proposed system comprises several components, including a Raspberry Pi for control, candidate selection buttons, a camera for voter …
Published in Journal of Microelectronics and Solid State Devices · Vol. 11, Issue 2, 2024 Read article
-
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
-
The Evolution of Payments: Traditional Bill Methods Compared to Mobile Innovations
Abstract: "Mobile Payment Experiences in the Future" explores the transformative impact of emerging technologies: Artificial Intelligence (AI), 5G connectivity, and biometrics, on the evolution of mobile payment systems, moving beyond today's simple "tap and pay" solutions. As mobile payments become an essential component of global commerce, these innovations are set to redefine the payment landscape by enhancing transaction speed, security, and personalization. AI will enable real-time fraud detection, adaptive user verification, …
Published in International Journal of Mobile Computing Technology · Vol. 3, Issue 1, 2025 · pp. 17–27 Read article
-
A Review of Machine Learning Applications in Web Data Mining
Abstract: The rapid development of Internet technology has resulted in a rapidly changing and intricate digital environment that requires new methods for organizing and evaluating online data. This study examines the use of machine learning (ML) in web data mining, focusing on its ability to extract relevant insights from huge amounts of online data. Web data mining, which is divided into three categories: content mining, structure mining, and use mining, uses …
Published in International Journal of Data Structure Studies · Vol. 3, Issue 1, 2025 · pp. 39–47 Read article