CARDWATCH: a neural network based database mining system for credit card fraud detection
E. Aleskerov, Bernd Freisleben, Bhaskar D. Rao · 2002
CARDWATCH, a database mining system used for credit card fraud detection, is presented. The system is based on a neural network learning module, provides an interface to a variety of commercial databases and has a comfortable graphical user interface. Test results obtained for synthetically generated credit card data and an autoassociative neural network model show very successful fraud detection rates.