Application of AI techniques for the detection of banking fraud: an investigation

Intelligent financial fraud prevention and detection approaches in internet banking and credit cards: a comprehensive survey

UPI Fraud Detection

The growing trend of digital payments in India and especially the emergence of Unified Payment Interface (UPI) is associated with a rise in the number of cases of financial fraud online. Current fraud detection techniques are based on the use of simple rule-based methods like restricting transaction amount from exceedi...

Design and Investigation of Various ML Techniques for Credit Card Fraud Detection

This study evaluates the effectiveness of various machine learning models for detecting fraudulent online credit card transactions. It identifies that traditional methods are insufficient due to the high volume of legitimate transactions and evolving attack techniques. The research involved gathering and pre-processing...

THE POWER OF MACHINE LEARNING MODELS IN EARLY DETECTION OF FRAUDULENT FINANCIAL STATEMENTS: THE EXAMPLE OF BORSA ISTANBUL

Detecting and preventing fraudulent financial statements is crucial to maintaining the reliability of financial markets, as such statements undermine stakeholders and disrupt healthy market functioning. This study develops an artificial intelligence–supported model to detect fraudulent financial statements of companies...

Credit Card Fraud Detection Using Machine Learning and Risk-Based Alert Strategies

In data environments with severe class imbalances, a machine learning model can be designed as an effective triage tool and its actual value is not only to predict fraud, but also to establish a low-risk release, medium-risk verification, and high-risk manual review of the decision-making process for institutions and t...

A Comparative Analysis of Machine Learning Classifiers for Detection of Credit Card Fraud

Now the days world become digital, credit card customers have become common; it makes the payment hassle-free. With the ease of use of credit cards; Fraudulent use of credit cards is growing as a significant affair for financial institutions and consumers on an international level. Traditional rule-based detection algo...