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This study addresses the actual behavior of the credit-card fraud detection environment where financial transactions containing sensitive data must not be amassed in an enormous amount to conduct learning. We introduce a new adaptive…

Machine Learning · Computer Science 2021-08-09 Armin Sadreddin , Samira Sadaoui

This study explores the application of anomaly detection (AD) methods in imbalanced learning tasks, focusing on fraud detection using real online credit card payment data. We assess the performance of several recent AD methods and compare…

Machine Learning · Computer Science 2023-12-22 Hugo Thimonier , Fabrice Popineau , Arpad Rimmel , Bich-Liên Doan , Fabrice Daniel

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…

Cryptography and Security · Computer Science 2026-01-21 Karthikeyan V. R. , Premnath S. , Kavinraaj S. , J. Sangeetha

Customers represent their satisfactions of consuming products by sharing their experiences through the utilization of online reviews. Several machine learning-based approaches can automatically detect deceptive and fake reviews. Recently,…

Machine Learning · Computer Science 2020-06-16 Luis Gutierrez-Espinoza , Faranak Abri , Akbar Siami Namin , Keith S. Jones , David R. W. Sears

Credit card fraud causes significant financial losses and frequently occurs as fraud attack, defined as short-term sequence of fraudulent transactions associated with high transaction rates and amounts, business areas historically tied to…

Optimization and Control · Mathematics 2025-03-27 Alexander Stotsky

This study critically examines the methodological rigor in credit card fraud detection research, revealing how fundamental evaluation flaws can overshadow algorithmic sophistication. Through deliberate experimentation with improper…

Machine Learning · Computer Science 2025-11-11 Khizar Hayat , Baptiste Magnier

As the number of credit card users has increased, detecting fraud in this domain has become a vital issue. Previous literature has applied various supervised and unsupervised machine learning methods to find an effective fraud detection…

Neural and Evolutionary Computing · Computer Science 2023-06-05 Anahita Farhang Ghahfarokhi , Taha Mansouri , Mohammad Reza Sadeghi Moghadam , Nila Bahrambeik , Ramin Yavari , Mohammadreza Fani Sani

Card transaction fraud is a growing problem affecting card holders worldwide. Financial institutions increasingly rely upon data-driven methods for developing fraud detection systems, which are able to automatically detect and block…

Applications · Statistics 2020-05-07 Sebastiaan Höppner , Bart Baesens , Wouter Verbeke , Tim Verdonck

The rapid expansion of e-commerce and the widespread use of credit cards in online purchases and financial transactions have significantly heightened the importance of promptly and accurately detecting credit card fraud (CCF). Not only do…

Risk Management · Quantitative Finance 2025-02-25 Mehdi Hosseini Chagahi , Niloufar Delfan , Saeed Mohammadi Dashtaki , Behzad Moshiri , Md. Jalil Piran

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

This systematic literature review examines the role of machine learning in fraud detection within digital banking, synthesizing evidence from 118 peer-reviewed studies and institutional reports. Following the PRISMA guidelines, the review…

Machine Learning · Computer Science 2025-10-08 Md Zahin Hossain George , Md Khorshed Alam , Md Tarek Hasan

The expansion of digital payment systems has heightened both the scale and intricacy of online financial transactions, thereby increasing vulnerability to fraudulent activities. Detecting fraud effectively is complicated by the changing…

Machine Learning · Computer Science 2026-04-10 Ranya Batsyas , Ritesh Yaduwanshi

Fraud detection is a challenging task due to the changing nature of fraud patterns over time and the limited availability of fraud examples to learn such sophisticated patterns. Thus, fraud detection with the aid of smart versions of…

Machine Learning · Computer Science 2022-09-07 Mary Isangediok , Kelum Gajamannage

Using machine learning models to generate synthetic data has become common in many fields. Technology to generate synthetic transactions that can be used to detect fraud is also growing fast. Generally, this synthetic data contains only…

Machine Learning · Computer Science 2023-06-30 Shuo Wang , Terrence Tricco , Xianta Jiang , Charles Robertson , John Hawkin

The use of credit cards has recently increased, creating an essential need for credit card assessment methods to minimize potential risks. This study investigates the utilization of machine learning (ML) models for credit card default…

Machine Learning · Computer Science 2023-10-17 Anas Arram , Masri Ayob , Musatafa Abbas Abbood Albadr , Alaa Sulaiman , Dheeb Albashish

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…

Machine Learning · Computer Science 2020-04-24 Christelle Marfaing , Alexandre Garcia

We propose an ensemble method to improve the generalization performance of trading strategies trained by deep reinforcement learning algorithms in a highly stochastic environment of intraday cryptocurrency portfolio trading. We adopt a…

Trading and Market Microstructure · Quantitative Finance 2023-09-06 Shuyang Wang , Diego Klabjan

The credit spread is a key indicator in bond investments, offering valuable insights for fixed-income investors to devise effective trading strategies. This study proposes a novel credit spread forecasting model leveraging ensemble learning…

Numerical Analysis · Mathematics 2024-12-16 Yu Shao , Jiawen Bai , Yingze Hou , Xia'an Zhou , Zhanhao Pan

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

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