Authors
Vaishnavi Nath Dornadula, Sa Geetha
Publication date
2019/1/1
Journal
Procedia computer science
Volume
165
Pages
631-641
Publisher
Elsevier
Description
Credit card frauds are easy and friendly targets. E-commerce and many other online sites have increased the online payment modes, increasing the risk for online frauds. Increase in fraud rates, researchers started using different machine learning methods to detect and analyse frauds in online transactions. The main aim of the paper is to design and develop a novel fraud detection method for Streaming Transaction Data, with an objective, to analyse the past transaction details of the customers and extract the behavioural patterns. Where cardholders are clustered into different groups based on their transaction amount. Then using sliding window strategy [1], to aggregate the transaction made by the cardholders from different groups so that the behavioural pattern of the groups can be extracted respectively. Later different classifiers [3],[5],[6],[8] are trained over the groups separately. And then the classifier with better …
Total citations
202020212022202320248489811048
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