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Related papers: Approaches to Fraud Detection on Credit Card Trans…

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Identity theft is a major problem for credit lenders when there's not enough data to corroborate a customer's identity. Among super-apps large digital platforms that encompass many different services this problem is even more relevant;…

Credit card fraud detection based on machine learning has recently attracted considerable interest from the research community. One of the most important tasks in this area is the ability of classifiers to handle the imbalance in credit…

Neural and Evolutionary Computing · Computer Science 2017-04-13 Van Loi Cao , Nhien-An Le-Khac , Miguel Nicolau , Michael ONeill , James McDermott

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

Public dataset limitations have significantly hindered the development and benchmarking of learning to defer (L2D) algorithms, which aim to optimally combine human and AI capabilities in hybrid decision-making systems. In such systems,…

Money laundering is a global problem that concerns legitimizing proceeds from serious felonies (1.7-4 trillion euros annually) such as drug dealing, human trafficking, or corruption. The anti-money laundering systems deployed by financial…

Machine Learning · Computer Science 2022-06-20 Ahmad Naser Eddin , Jacopo Bono , David Aparício , David Polido , João Tiago Ascensão , Pedro Bizarro , Pedro Ribeiro

Money laundering is a profound global problem. Nonetheless, there is little scientific literature on statistical and machine learning methods for anti-money laundering. In this paper, we focus on anti-money laundering in banks and provide…

Machine Learning · Statistics 2023-03-22 Rasmus Jensen , Alexandros Iosifidis

Phishing detection on Ethereum has increasingly leveraged advanced machine learning techniques to identify fraudulent transactions. However, limited attention has been given to understanding the effectiveness of feature selection strategies…

Cryptography and Security · Computer Science 2025-04-28 Ahod Alghuried , Abdulaziz Alghamdi , Ali Alkinoon , Soohyeon Choi , Manar Mohaisen , David Mohaisen

In today's world, banks use artificial intelligence to optimize diverse business processes, aiming to improve customer experience. Most of the customer-related tasks can be categorized into two groups: 1) local ones, which focus on a…

Money laundering is the crucial mechanism utilized by criminals to inject proceeds of crime to the financial system. The primary responsibility of the detection of suspicious activity related to money laundering is with the financial…

Machine Learning · Computer Science 2020-11-18 Utku Görkem Ketenci , Tolga Kurt , Selim Önal , Cenk Erbil , Sinan Aktürkoğlu , Hande Şerban İlhan

In the faceless world of the Internet,online fraud is one of the greatest reasons of loss for web merchants.Advanced solutions are needed to protect e businesses from the constant problems of fraud.Many popular fraud detection algorithms…

Networking and Internet Architecture · Computer Science 2010-06-15 P. Srinivasulu , J. Ranga Rao , I. Ramesh Babu

Given a set of financial transactions (who buys from whom, when, and for how much), as well as prior information from buyers and sellers, how can we find fraudulent transactions? If we have labels for some transactions for known types of…

Machine Learning · Computer Science 2025-10-07 Robson L. F. Cordeiro , Meng-Chieh Lee , Christos Faloutsos

Correctly dealing with categorical data in a supervised learning context is still a major issue. Furthermore, though some machine learning methods embody builtin methods to deal with categorical features, it is unclear whether they bring…

Machine Learning · Computer Science 2021-12-23 François de la Bourdonnaye , Fabrice Daniel

Face recognition and verification are two computer vision tasks whose performance has progressed with the introduction of deep representations. However, ethical, legal, and technical challenges due to the sensitive character of face data…

Computer Vision and Pattern Recognition · Computer Science 2024-10-24 Alexandre Fournier-Montgieux , Michael Soumm , Adrian Popescu , Bertrand Luvison , Hervé Le Borgne

The rise of algorithmic decision-making has spawned much research on fair machine learning (ML). Financial institutions use ML for building risk scorecards that support a range of credit-related decisions. Yet, the literature on fair ML in…

Machine Learning · Statistics 2022-06-20 Nikita Kozodoi , Johannes Jacob , Stefan Lessmann

Fraud is a prevalent offence that extends beyond financial loss, causing psychological and physical harm to victims. The advancements in online communication technologies alowed for online fraud to thrive in this vast network, with…

Computation and Language · Computer Science 2025-04-17 Antonis Papasavva , Shane Johnson , Ed Lowther , Samantha Lundrigan , Enrico Mariconti , Anna Markovska , Nilufer Tuptuk

With the rapid adoption of Internet technologies, digital footprints have become ubiquitous and versatile to revolutionise the financial industry in digital transformation. This paper takes initiatives to investigate a new paradigm of the…

Artificial Intelligence · Computer Science 2021-05-21 Minh-Duc Hoang , Linh Le , Anh-Tuan Nguyen , Trang Le , Hoang D. Nguyen

Machine learning models underpin many modern financial systems for use cases such as fraud detection and churn prediction. Most are based on supervised learning with hand-engineered features, which relies heavily on the availability of…

Machine Learning · Computer Science 2024-01-05 Piotr Skalski , David Sutton , Stuart Burrell , Iker Perez , Jason Wong

In the insurance industry detecting fraudulent claims is a critical task with a significant financial impact. A common strategy to identify fraudulent claims is looking for inconsistencies in the supporting evidence. However, this is a…

Machine Learning · Computer Science 2023-01-19 Azin Asgarian , Rohit Saha , Daniel Jakubovitz , Julia Peyre

Lie detection is considered a concern for everyone in their day to day life given its impact on human interactions. Thus, people normally pay attention to both what their interlocutors are saying and also to their visual appearances,…

Computer Vision and Pattern Recognition · Computer Science 2021-07-01 Nuria Rodriguez-Diaz , Decky Aspandi , Federico Sukno , Xavier Binefa

Artificial currencies have grown in popularity in many real-world resource allocation settings, gaining traction in government benefits programs like food assistance and transit benefits programs. However, such programs are susceptible to…

Systems and Control · Electrical Eng. & Systems 2024-02-27 Devansh Jalota , Matthew Tsao , Marco Pavone