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In an increasingly digitalized commerce landscape, the proliferation of credit card fraud and the evolution of sophisticated fraudulent techniques have led to substantial financial losses. Automating credit card fraud detection is a viable…

Machine Learning · Computer Science 2023-09-27 Zaffar Zaffar , Fahad Sohrab , Juho Kanniainen , Moncef Gabbouj

The use of credit cards has become quite common these days as digital banking has become the norm. With this increase, fraud in credit cards also has a huge problem and loss to the banks and customers alike. Normal fraud detection systems,…

Machine Learning · Computer Science 2022-06-28 Bushra Yousuf , Rejwan Bin Sulaiman , Musarrat Saberin Nipun

The continually advancing quality of deepfake technology exacerbates the threats of disinformation, fraud, and harassment by making maliciously-generated synthetic content increasingly difficult to distinguish from reality. We introduce a…

Computer Vision and Pattern Recognition · Computer Science 2025-11-11 Jack Richings , Margaux Leblanc , Ian Groves , Victoria Nockles

Credit card plays a very important rule in today's economy. It becomes an unavoidable part of household, business and global activities. Although using credit cards provides enormous benefits when used carefully and responsibly,significant…

Cryptography and Security · Computer Science 2016-11-22 SamanehSorournejad , Zahra Zojaji , Reza Ebrahimi Atani , Amir Hassan Monadjemi

Feature Selection is a crucial procedure in Data Science tasks such as Classification, since it identifies the relevant variables, making thus the classification procedures more interpretable, cheaper in terms of measurement and more…

Machine Learning · Statistics 2024-01-17 Sandra Benítez-Peña , Rafael Blanquero , Emilio Carrizosa , Pepa Ramírez-Cobo

Credit card fraud incurs a considerable cost for both cardholders and issuing banks. Contemporary methods apply machine learning-based classifiers to detect fraudulent behavior from labeled transaction records. But labeled data are usually…

Machine Learning · Computer Science 2024-12-25 Sheng Xiang , Mingzhi Zhu , Dawei Cheng , Enxia Li , Ruihui Zhao , Yi Ouyang , Ling Chen , Yefeng Zheng

As online fraud becomes more sophisticated and pervasive, traditional fraud detection methods are struggling to keep pace with the evolving tactics employed by fraudsters. This paper explores the transformative role of machine learning in…

Machine Learning · Computer Science 2024-10-29 Md Kamrul Hasan Chy

Spurious credit card transactions are a significant source of financial losses and urge the development of accurate fraud detection algorithms. In this paper, we use machine learning strategies for such an aim. First, we apply a mixed…

Machine Learning · Computer Science 2021-12-07 Daniel H. M. de Souza , Claudio J. Bordin

This paper discusses financial fraud detection in imbalanced dataset using homogeneous and non-homogeneous Poisson processes. The probability of predicting fraud on the financial transaction is derived. Applying our methodology to the…

Risk Management · Quantitative Finance 2019-12-11 Régis Houssou , Jérôme Bovay , Stephan Robert

Today's high-stakes adversarial interactions feature attackers who constantly breach the ever-improving security measures. Deception mitigates the defender's loss by misleading the attacker to make suboptimal decisions. In order to formally…

Artificial Intelligence · Computer Science 2020-06-11 Zheyuan Ryan Shi , Ariel D. Procaccia , Kevin S. Chan , Sridhar Venkatesan , Noam Ben-Asher , Nandi O. Leslie , Charles Kamhoua , Fei Fang

This study employs machine learning models to predict the failure of Peer-to-Peer (P2P) lending platforms, specifically in China. By employing the filter method and wrapper method with forward selection and backward elimination, we…

General Finance · Quantitative Finance 2023-12-12 Jen-Yin Yeh , Hsin-Yu Chiu , Jhih-Huei Huang

Business Processes, i.e., a set of coordinated tasks and activities to achieve a business goal, and their continuous improvements are key to the operation of any organization. In banking, business processes are increasingly dynamic as…

Computers and Society · Computer Science 2020-09-30 Shahabodin Khadivi Zand

Exploring generative model training for synthetic tabular data, specifically in sequential contexts such as credit card transaction data, presents significant challenges. This paper addresses these challenges, focusing on attaining both…

Machine Learning · Computer Science 2024-01-03 Din-Yin Hsieh , Chi-Hua Wang , Guang Cheng

The recent proliferation of fake portrait videos poses direct threats on society, law, and privacy. Believing the fake video of a politician, distributing fake pornographic content of celebrities, fabricating impersonated fake videos as…

Computer Vision and Pattern Recognition · Computer Science 2020-07-21 Umur Aybars Ciftci , Ilke Demir

Financial datasets often suffer from bias that can lead to unfair decision-making in automated systems. In this work, we propose FairFinGAN, a WGAN-based framework designed to generate synthetic financial data while mitigating bias with…

Machine Learning · Computer Science 2026-03-06 Tai Le Quy , Dung Nguyen Tuan , Trung Nguyen Thanh , Duy Tran Cong , Huyen Giang Thi Thu , Frank Hopfgartner

Machine learning plays an essential role in preventing financial losses in the banking industry. Perhaps the most pertinent prediction task that can result in billions of dollars in losses each year is the assessment of credit risk (i.e.,…

Risk Management · Quantitative Finance 2021-01-01 Jillian M. Clements , Di Xu , Nooshin Yousefi , Dmitry Efimov

The creation of altered and manipulated faces has become more common due to the improvement of DeepFake generation methods. Simultaneously, we have seen detection models' development for differentiating between a manipulated and original…

Computer Vision and Pattern Recognition · Computer Science 2021-08-27 Sowmen Das , Selim Seferbekov , Arup Datta , Md. Saiful Islam , Md. Ruhul Amin

Online reviews play an integral part for success or failure of businesses. Prior to purchasing services or goods, customers first review the online comments submitted by previous customers. However, it is possible to superficially boost or…

Computation and Language · Computer Science 2020-10-12 Faranak Abri , Luis Felipe Gutierrez , Akbar Siami Namin , Keith S. Jones , David R. W. Sears

Demographic bias is a significant challenge in practical face recognition systems. Existing methods heavily rely on accurate demographic annotations. However, such annotations are usually unavailable in real scenarios. Moreover, these…

Computer Vision and Pattern Recognition · Computer Science 2021-06-11 Xingkun Xu , Yuge Huang , Pengcheng Shen , Shaoxin Li , Jilin Li , Feiyue Huang , Yong Li , Zhen Cui

With an upsurge in financial accounting fraud in the current economic scenario experienced, financial accounting fraud detection (FAFD) has become an emerging topic of great importance for academic, research and industries. The failure of…

Computers and Society · Computer Science 2013-09-17 Anuj Sharma , Prabin Kumar Panigrahi
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