UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 6 Issue 6
June-2019
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR1906978


Registration ID:
215267

Page Number

352-357

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Title

CREDIT CARD FRAUD DETECTION USING MACHINE LEARNING

Abstract

Nowadays, the Internet is an important factor of our life. Due to the wide use of the internet, the status of online shopping is varies day by day. The Credit Card is the easiest method for online shopping and paying bills. Therefore, Credit Card becomes popular and appropriate approach for online money transaction and it is growing very quickly. In this paper, machine learning algorithms are utilized for the detection of credit card fraud. Firstly, common type of models is used. After that, hybrid methods which can use to Ada Boost and majority voting methods are activated. Ada Boost method is able to develop the individual results from different algorithms. To estimate the model efficiency, an openly accessible credit card data set is used. After that, a real-world credit card dataset from a financial organization is evaluated. In addition, noise is added to the examples of data to further evaluate the toughness of the algorithms. In this paper, to classify the most important variables that can guide to superior accuracy in credit card fraudulent transaction detection technique. Additionally, we explain the performance of different supervised machine learning algorithms that are existed in literature against the good classifier that it executed in this paper. The final results of this system have positively identified that the majority of voting method obtains better quality, accuracy ratios in catching fraud cases in credit cards for identification of actual credit card transaction data.

Key Words

Credit Card, Fraud detection, supervised machine learning, data mining techniques, online shopping, predictive modeling etc.

Cite This Article

"CREDIT CARD FRAUD DETECTION USING MACHINE LEARNING", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 6, page no.352-357, June-2019, Available :http://www.jetir.org/papers/JETIR1906978.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"CREDIT CARD FRAUD DETECTION USING MACHINE LEARNING", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 6, page no. pp352-357, June-2019, Available at : http://www.jetir.org/papers/JETIR1906978.pdf

Publication Details

Published Paper ID: JETIR1906978
Registration ID: 215267
Published In: Volume 6 | Issue 6 | Year June-2019
DOI (Digital Object Identifier):
Page No: 352-357
Country: -, -, - .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


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