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DESIGN AND IMPLEMENTATION OF A CREDIT CARD FRAUD DETECTION SYSTEM
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- Contributor: projectwaka
- engagements: 952
- Case No: 754423pw
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ABSRACT - [ Total Page(s): 1 ]All over the world, the most accepted payment mode is via credit card for both online and offline payments in today’s world, it helps implement the cashless policy for shopping at every shop across the country. It is the most convenient method to do shopping on the internet, and also for paying utility bills etc. Hence, increasing the risks of credit card fraud transaction. In the existing manual credit card fraud detection business processing system, fraudulent transaction will be detected after transaction is done. It has become very difficult to find out fraudulent and regarding loses wil
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CHAPTER ONE - [ Total Page(s): 2 ]1.2 STATEMENT OF THE PROBLEMIt has already been mentioned that the losses of a credit card fraud can affect all consumers, merchants and issuing banks. Therefore, it is important to establish techniques for detecting and preventing credit card fraud. This research contains a variety of techniques which can be used to build fraud detection systems. Understanding the characteristics of all those techniques can be a tedious task. A technique which promises a high predictive accuracy may be an appealing candidate to be used in the fraud detection system. However, there are various different parame ... Continue Reading
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ABSRACT - [ Total Page(s): 1 ]All over the world, the most accepted payment mode is via credit card for both online and offline payments in today’s world, it helps implement the cashless policy for shopping at every shop across the country. It is the most convenient method to do shopping on the internet, and also for paying utility bills etc. Hence, increasing the risks of credit card fraud transaction. In the existing manual credit card fraud detection business processing system, fraudulent transaction will be detected after transaction is done. It has become very difficult to find out fraudulent and regarding loses wil
... Continue Reading
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