The widespread adoption of credit cards as the dominant electronic payment method heightens the vulnerability to fraudulent activities, given the substantial volume of daily electronic transactions. Credit-Card fraud has incurred significant financial losses for credit card companies, and they are actively seeking optimal procedures and advanced technology to detect and mitigate instances of fraudulent credit card transactions. In this study, many ML Detection Techniques to spot credit-card fraud have been examined, highlighted, and contrasted.

错误:搜索内容不能为空,请输入英文关键词
错误:关键词超出字数限制,请精简
高级检索

Review on Credit Card Fraud Detection Techniques

  • P. Sreesudha,
  • P. Sanjana Reddy,
  • T. Bhavani Goud,
  • T. Jyoshna Reddy,
  • T. Sri Vaishnavi

摘要

The widespread adoption of credit cards as the dominant electronic payment method heightens the vulnerability to fraudulent activities, given the substantial volume of daily electronic transactions. Credit-Card fraud has incurred significant financial losses for credit card companies, and they are actively seeking optimal procedures and advanced technology to detect and mitigate instances of fraudulent credit card transactions. In this study, many ML Detection Techniques to spot credit-card fraud have been examined, highlighted, and contrasted.