ANALYSIS AND DESIGN OF CREDIT CARD FRAUD DETECTION SYSTEM WITH OBJECT ORIENTED METHODOLOGY
B.C. Amanze, U. L. Chilaka, U.K Agoha · 2019
Nowadays, the development of technology is rapidly increasing, including the credit card fraud. The credit card fraud (CCF) is one of the problem our banking system is facing today. Fraudsters used many methods to attack the customer. The growth in electronic transactions has resulted in a greater demand for fast and accurate user identification and authentication. Conventional method of identification based on possession of pin and password are not all together reliable. Higher acceptability and convenience of credit card for purchases have not only given personal comfort to customers but also attracted a large number of attackers. As a result, credit card payment systems must be supported by efficient fraud detection capability for minimizing unwanted activities by fraudsters. To deal with this problem, a computerized system is needed. Methods used in analyzing and designing of the credit card fraud is Object Oriented Analysis (OOA) with unified modeling language (UML).