UGC Approved Journal no 63975(19)

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Published in:

Volume 6 Issue 10
October-2019
eISSN: 2349-5162

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

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Published Paper ID:
JETIR1907L91


Registration ID:
223337

Page Number

276-279

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Title

Credit Card Fraud Detection Using Machine Learning

Abstract

Now a day’s online payment gaining popularity because of easy and convenience use of e commerce. It became very easy mode of payment. People choose online payment and e-shopping; because of time convenience, transport convenience, etc. As the results of immense quantity of e-commerce use, there is a vast increment in credit card fraud also. Machine Learning has been successfully applied to finance databases to automate analysis of huge volumes of complex data. Machine Learning has also played a salient role in the detection of credit card fraud in online transactions. Fraud detection in credit card is a big problem, it becomes challenging due to two major reasons–first, the profiles of normal and fraudulent behaviors change frequently and secondly due to reason that master card fraud knowledge sets are extremely skew. This paper research and checks the performance of Random Forest on highly skewed credit card fraud data. Data set of credit card transactions is sourced from European cardholders containing 1 lakh transactions. These techniques are applied on the raw and pre processed data. The performance of the techniques is evaluated based on accuracy, sensitivity, and specificity, precision.

Key Words

Data Analysis, Fraud in Credit Card, Decision Tree, Random Forest, Machine Learning, Security

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 10, page no.276-279, October 2019, Available :http://www.jetir.org/papers/JETIR1907L91.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 10, page no. pp276-279, October 2019, Available at : http://www.jetir.org/papers/JETIR1907L91.pdf

Publication Details

Published Paper ID: JETIR1907L91
Registration ID: 223337
Published In: Volume 6 | Issue 10 | Year October-2019
DOI (Digital Object Identifier):
Page No: 276-279
Country: Pune, Maharashtra, India .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


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