IDENTIFYING FRAUDULENT CREDIT CARD TRANSACTIONS USING ENSEMBLE LEARNING

Authors:

1Pegadapally Adithya, 2 S. Phani kumar

Page No: 142-154

Abstract:

Abstract:Since programmers acting like cardholders represent a danger to monetary foundations, spotting false fraudulent credit card transactions is a significant test. Different resampling strategies — including “oversampling, undersampling, and SMOTE”— are utilized to deal with the class irregularity innate in extortion identification utilizing datasets including “European Data and Sparkov Data: Ensemble learning” utilizes a few calculations to further develop accuracy and strength, subsequently upgrading order execution. To augment model training and expectation, the paper proposes a ensemble based system including refined resampling techniques. Extensive assessment of a few order models shows the better presentation of a “Stacking Classifier”, which proficiently blends a few base models to accomplish further developed “accuracy, precision, recall, and F1 scores” across all strategies. This technique has extraordinary guarantee to enormously improve fraud detection systems, along these lines ensuring exact distinguishing proof of false exchanges and lessening false positives. The proposed engineering stresses the need of gathering approaches and information adjusting techniques in taking care of the intricacy of financial fraud detection.

Description:

.

Volume & Issue

Volume-14,Issue-4

Keywords

“Index Terms -Fintech, credit card fraud detection, ensemble learning, machine learning, simulated dataset, real-world data set”.