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Online transaction fraud presents substantial challenges to businesses and consumers, risking significant financial losses. Conventional rule-based systems struggle to keep pace with evolving fraud tactics, leading to high false positive…

Risk Management · Quantitative Finance 2024-02-20 Catayoun Azarm , Erman Acar , Mickey van Zeelt

Money laundering is a financial crime that obscures the origin of illicit funds, necessitating the development and enforcement of anti-money laundering (AML) policies by governments and organizations. The proliferation of mobile payment…

Machine Learning · Computer Science 2025-03-14 Jiani Fan , Lwin Khin Shar , Ruichen Zhang , Ziyao Liu , Wenzhuo Yang , Dusit Niyato , Bomin Mao , Kwok-Yan Lam

The detection of frauds in credit card transactions is a major topic in financial research, of profound economic implications. While this has hitherto been tackled through data analysis techniques, the resemblances between this and other…

Social and Information Networks · Computer Science 2017-06-08 Massimiliano Zanin , Miguel Romance , Santiago Moral , Regino Criado

In this paper, we propose a novel method for visual object tracking called HMMTxD. The method fuses observations from complementary out-of-the box trackers and a detector by utilizing a hidden Markov model whose latent states correspond to…

Computer Vision and Pattern Recognition · Computer Science 2016-03-07 Tomas Vojir , Jiri Matas , Jana Noskova

Traditionally, the detection of fraudulent insurance claims relies on business rules and expert judgement which makes it a time-consuming and expensive process (\'Oskarsd\'ottir et al., 2022). Consequently, researchers have been examining…

Machine Learning · Computer Science 2024-10-08 Bavo D. C. Campo , Katrien Antonio

Deceptive patterns are design practices embedded in digital platforms to manipulate users, representing a widespread and long-standing issue in the web and mobile software development industry. Legislative actions highlight the urgency of…

Cryptography and Security · Computer Science 2024-02-07 Zewei Shi , Ruoxi Sun , Jieshan Chen , Jiamou Sun , Minhui Xue

Rapid growth of modern technologies such as internet and mobile computing are bringing dramatically increased e-commerce payments, as well as the explosion in transaction fraud. Meanwhile, fraudsters are continually refining their tricks,…

Cryptography and Security · Computer Science 2018-03-20 Xurui Li , Wei Yu , Tianyu Luwang , Jianbin Zheng , Xuetao Qiu , Jintao Zhao , Lei Xia , Yujiao Li

One of major considerations in an online business is customer privacy. Consumers are not interested in being monitored and identified by sellers. Some solutions are proposed to hide selection of the customer but in the payment phase, there…

Cryptography and Security · Computer Science 2014-09-01 Mahdi Soodkhah Mohammadi , Abbas Ghaemi Bafghi

With the explosive growth of the e-commerce industry, detecting online transaction fraud in real-world applications has become increasingly important to the development of e-commerce platforms. The sequential behavior history of users…

Machine Learning · Computer Science 2022-01-05 Yongchun Zhu , Dongbo Xi , Bowen Song , Fuzhen Zhuang , Shuai Chen , Xi Gu , Qing He

The recent decade witnessed a surge of increase in financial crimes across the public and private sectors, with an average cost of scams of $102m to financial institutions in 2022. Developing a mechanism for battling financial crimes is an…

Machine Learning · Computer Science 2023-04-20 Haobo Zhang , Junyuan Hong , Fan Dong , Steve Drew , Liangjie Xue , Jiayu Zhou

In order to steer e-commerce users towards making a purchase, marketers rely upon predictions of when users exit without purchasing. Previously, such predictions were based upon hidden Markov models (HMMs) due to their ability of modeling…

Machine Learning · Computer Science 2022-08-09 Tobias Hatt , Stefan Feuerriegel

On electronic game platforms, different payment transactions have different levels of risk. Risk is generally higher for digital goods in e-commerce. However, it differs based on product and its popularity, the offer type (packaged game,…

Machine Learning · Computer Science 2017-09-21 Bokai Cao , Mia Mao , Siim Viidu , Philip S. Yu

In the field of fraud detection, the availability of comprehensive and privacy-compliant datasets is crucial for advancing machine learning research and developing effective anti-fraud systems. Traditional datasets often focus on…

Machine Learning · Computer Science 2024-04-24 Phoebe Jing , Yijing Gao , Xianlong Zeng

In the last few years there has been a growing interest in Human Activity Recognition~(HAR) topic. Sensor-based HAR approaches, in particular, has been gaining more popularity owing to their privacy preserving nature. Furthermore, due to…

Machine Learning · Computer Science 2019-03-13 Parviz Asghari , Elnaz Soelimani , Ehsan Nazerfard

Despite the growing popularity of 802.11 wireless networks, users often suffer from connectivity problems and performance issues due to unstable radio conditions and dynamic user behavior among other reasons. Anomaly detection and…

Networking and Internet Architecture · Computer Science 2018-08-31 Anisa Allahdadi , Ricardo Morla , Jaime S. Cardoso

Credit card fraud has emerged as major problem in the electronic payment sector. In this survey, we study data-driven credit card fraud detection particularities and several machine learning methods to address each of its intricate…

Machine Learning · Computer Science 2020-10-14 Yvan Lucas , Johannes Jurgovsky

In a variety of online settings involving interaction with end-users it is critical for the systems to adapt to changes in user preferences. User preferences on items tend to change over time due to a variety of factors such as change in…

Information Retrieval · Computer Science 2019-05-17 Farzad Eskandanian , Bamshad Mobasher

In recent years, financial fraud detection systems have become very efficient at detecting fraud, which is a major threat faced by e-commerce platforms. Such systems often include machine learning-based algorithms aimed at detecting and…

Cryptography and Security · Computer Science 2023-12-05 Chen Doytshman , Satoru Momiyama , Inderjeet Singh , Yuval Elovici , Asaf Shabtai

Market manipulation is tackled through regulation in traditional markets because of its detrimental effect on market efficiency and many participating financial actors. The recent increase of private retail investors due to new low-fee…

Statistical Finance · Quantitative Finance 2021-10-11 Jean-Noël Tuccella , Philip Nadler , Ovidiu Şerban

The detection of change-points in heterogeneous sequences is a statistical challenge with many applications in fields such as finance, signal analysis and biology. A wide variety of literature exists for finding an ideal set of…

Applications · Statistics 2012-12-11 The Minh Luong , Vittorio Perduca , Gregory Nuel