Related papers: TitAnt: Online Real-time Transaction Fraud Detecti…
As the financial industry becomes more interconnected and reliant on digital systems, fraud detection systems must evolve to meet growing threats. Cloud-enabled Transformer models present a transformative opportunity to address these…
Fraudulent activities on digital banking services are becoming more intricate by the day, challenging existing defenses. While older rule driven methods struggle to keep pace, even precision focused algorithms fall short when new scams are…
In the age of digital finance, detecting fraudulent transactions and money laundering is critical for financial institutions. This paper presents a scalable and efficient solution using Big Data tools and machine learning models. We utilize…
Financial fraud is an issue with far reaching consequences in the finance industry, government, corporate sectors, and for ordinary consumers. Increasing dependence on new technologies such as cloud and mobile computing in recent years has…
Phishing attacks in Web3 ecosystems are increasingly sophisticated, exploiting deceptive contract logic, malicious frontend scripts, and token approval patterns. We present DeepTx, a real-time transaction analysis system that detects such…
With online payment platforms being ubiquitous and important, fraud transaction detection has become the key for such platforms, to ensure user account safety and platform security. In this work, we present a novel method for detecting…
Recently, financial institutes have been dealing with an increase in financial crimes. In this context, financial services firms started to improve their vigilance and use new technologies and approaches to identify and predict financial…
Cryptocurrency transaction fraud detection faces the dual challenges of increasingly complex transaction patterns and severe class imbalance. Traditional methods rely on manual feature engineering and struggle to capture temporal and…
Electronic payment platforms are estimated to process billions oftransactions daily, with the cumulative value of these transactionspotentially reaching into the trillions. Even a minor error within thishigh-volume environment could…
The automatic detection of frauds in banking transactions has been recently studied as a way to help the analysts finding fraudulent operations. Due to the availability of a human feedback, this task has been studied in the framework of…
Gaining the trust and confidence of customers is the essence of the growth and success of financial institutions and organizations. Of late, the financial industry is significantly impacted by numerous instances of fraudulent activities.…
Automated fraud behaviors detection on electronic payment platforms is a tough problem. Fraud users often exploit the vulnerability of payment platforms and the carelessness of users to defraud money, steal passwords, do money laundering,…
Security and trust are the most important factors in online transaction, this paper introduces TSET a Token based Secure Electronic Transaction which is an improvement over the existing SET, Secure Electronic Transaction protocol. We take…
Price manipulation attack is one of the notorious threats in decentralized finance (DeFi) applications, which allows attackers to exchange tokens at an extensively deviated price from the market. Existing efforts usually rely on reactive…
In recent years, phishing scams have become the most serious type of crime involved in Ethereum, the second-largest blockchain platform. The existing phishing scams detection technology on Ethereum mostly uses traditional machine learning…
Clustering analysis and Datamining methodologies were applied to the problem of identifying illegal and fraud transactions. The researchers independently developed model and software using data provided by a bank and using Rapidminer…
Fintech companies have been facing challenges from fraudulent behavior for a long time. Fraud rate in Chinese P2P financial market could go as high as 10%. It is crucial to collect sufficient information of the user as input to the…
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,…
Financial fraud detection is one of the core technological assets of Fintech companies. It saves tens of millions of money fro m Chinese Fintech companies since the bad loan rate is more than 10%. HC Financial Service Group is the 3rd…
With the proliferation of various online and mobile payment systems, credit card fraud has emerged as a significant threat to financial security. This study focuses on innovative applications of the latest Transformer models for more robust…