A Novel Approach for Credit Card Fraud Detection
Ayushi Agrawal, Shiv Kumar, Amit Kumar Mishra · International Conference on Computing for Sustainable Global Development · 2015
In this research, “A Novel Approach for Credit Card Fraud Detection” is designed. Credit Card frauds are increasing as there are millions of users worldwide. To stop these fallacious transactions a technique is designed which uses the combination of Hidden Markov Model, Behavior Based Technique, and Genetic Algorithm. Each and every transaction is tested with above mentioned technique and Fraud Detection system test the transaction and detects fraud. The goal is to detect least and accurate false fraud detection.