UGC Approved Journal no 63975(19)

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

Volume 6 Issue 5
May-2019
eISSN: 2349-5162

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

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Published Paper ID:
JETIRBR06025


Registration ID:
210254

Page Number

112-118

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Title

DETECTING FRAUD IN CYBER BANKING USING FEATURE SELECTION AND GENETIC ALGORITHM

Abstract

In the last decade,due to extensive development of information technology and communication infrastructure.there has been a rapid advancement in financial and banking system and Services. Banks and other financial institutions have invested in the field of modern technologies to provide more updated and efficient products and services. Thus, the variety of relevant products and services and also the number and value of transactions have increased. As online transactions became more and more popular, the frauds associated with them have also grown affecting the industry largely. Financial fraud has been a big concern for many organizations across industries, as billions of dollars are lost yearly because of this fraud. Securing transactions, detection of new ways of fraud and abuse in financial documents, the discovery of finished and unfinished frauds, detection and discovery of processes and operations of money laundering and etc. are among the most challenging issues in this area. The existing algorithms used do not give results considering different aspects of a transaction being carried out. However, there are a few researches which quote many features, but they are not practically implemented. Here a solution to the field of fraud detection in cyber banking is provided using feature selection and genetic algorithm. The bank data is given in an excel sheet and feature selection is applied to the data. To increase the accuracy of detected fraud, genetic algorithm is applied to the output of feature selection.

Key Words

cyber banking, feature selection, genetic algorithm, fraud detection.

Cite This Article

"DETECTING FRAUD IN CYBER BANKING USING FEATURE SELECTION AND GENETIC ALGORITHM ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 5, page no.112-118, May-2019, Available :http://www.jetir.org/papers/JETIRBR06025.pdf

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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

"DETECTING FRAUD IN CYBER BANKING USING FEATURE SELECTION AND GENETIC ALGORITHM ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 5, page no. pp112-118, May-2019, Available at : http://www.jetir.org/papers/JETIRBR06025.pdf

Publication Details

Published Paper ID: JETIRBR06025
Registration ID: 210254
Published In: Volume 6 | Issue 5 | Year May-2019
DOI (Digital Object Identifier):
Page No: 112-118
Country: -, --, - .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


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