Open Access
Credit Card Fraud Detection Using Machine Learning Classification Algorithms over Highly Imbalanced Data
Publication year - 2020
Publication title -
journal of science and technolgy
Language(s) - English
Resource type - Journals
ISSN - 2456-5660
DOI - 10.46243/jst.2020.v5.i3.pp138-146
Subject(s) - misrepresentation , computer science , credit card fraud , credit card , machine learning , precision and recall , artificial intelligence , statistical classification , recall , data mining , world wide web , payment , linguistics , philosophy , political science , law
:Most online customers use cards to pay for their purchases. As charge cards become the most mainstreamstrategy for installment, instances of misrepresentation relationship with it too increases. The primary goal of thisventure is to be ready to perceive false exchanges from non-fake exchanges. In request to do so,primarily,datamining methods are utilized to examine the examples and attributes of deceitful and non-faketransactions.Then,machine learning systems are utilized to foresee the fake and non-fake exchanges automatically.Algorithms LR (Logistic Regression) is used. Therefore, the blend of AI and information mining procedures areutilized to distinguish the fake and non-fake exchanges by learning the examples of the information. Models aremade utilizing these calculations and afterward precision,accuracy,recall are determined and an examination ismade.