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Credit card fraud remains a significant challenge due to class imbalance and fraudsters mimicking legitimate behavior. This study evaluates five machine learning models - Logistic Regression, Random Forest, XGBoost, K-Nearest Neighbors…

Machine Learning · Computer Science 2025-09-19 Iva Popova , Hamza A. A. Gardi

With predictive models becoming prevalent, companies are expanding the types of data they gather. As a result, the collected datasets consist not only of simple numerical features but also more complex objects such as time series, images,…

Machine Learning · Computer Science 2025-07-01 Sebastian Chwilczyński , Dariusz Brzezinski

Sovereign credit ratings summarize the creditworthiness of countries. These ratings have a large influence on the economy and the yields at which governments can issue new debt. This paper investigates the use of a Multilayer Perceptron…

Statistical Finance · Quantitative Finance 2021-07-16 Bart H. L. Overes , Michel van der Wel

The impact of AI models on marginalized communities has traditionally been measured by identifying performance differences between specified demographic subgroups. Though this approach aims to center vulnerable groups, it risks obscuring…

Computation and Language · Computer Science 2023-12-05 Vyoma Raman , Eve Fleisig , Dan Klein

Multi-label learning draws great interests in many real world applications. It is a highly costly task to assign many labels by the oracle for one instance. Meanwhile, it is also hard to build a good model without diagnosing discriminative…

Machine Learning · Computer Science 2019-04-16 Bo Du , Zengmao Wang , Lefei Zhang , Liangpei Zhang , Dacheng Tao

Machine learning models built on datasets containing discriminative instances attributed to various underlying factors result in biased and unfair outcomes. It's a well founded and intuitive fact that existing bias mitigation strategies…

Machine Learning · Computer Science 2022-10-25 Bhushan Chaudhari , Akash Agarwal , Tanmoy Bhowmik

Linear mixed models (LMMs) are a popular class of methods for analyzing longitudinal and clustered data. However, such models can be sensitive to outliers, and this can lead to biased inference on model parameters and inaccurate prediction…

Methodology · Statistics 2025-03-28 Shonosuke Sugasawa , Francis K. C. Hui , Alan H. Welsh

Discriminative learning effectively predicts true object class for image classification. However, it often results in false positives for outliers, posing critical concerns in applications like autonomous driving and video surveillance…

Computer Vision and Pattern Recognition · Computer Science 2024-06-04 Masoud Taghikhah , Nishant Kumar , Siniša Šegvić , Abouzar Eslami , Stefan Gumhold

As they play an increasingly important role in determining access to credit, credit scoring models are under growing scrutiny from banking supervisors and internal model validators. These authorities need to monitor the model performance…

Machine Learning · Statistics 2025-01-22 Hué Sullivan , Hurlin Christophe , Pérignon Christophe , Saurin Sébastien

Large language model (LLM) evaluation is increasingly costly, prompting interest in methods that speed up evaluation by shrinking benchmark datasets. Benchmark prediction (also called efficient LLM evaluation) aims to select a small subset…

Machine Learning · Computer Science 2025-06-10 Guanhua Zhang , Florian E. Dorner , Moritz Hardt

The scores of distance-based outlier detection methods are difficult to interpret, making it challenging to determine a cut-off threshold between normal and outlier data points without additional context. We describe a generic…

Machine Learning · Computer Science 2023-07-20 David Muhr , Michael Affenzeller , Josef Küng

Out-of-distribution (OOD) detection is crucial for ensuring reliable deployment of machine learning models. Recent advancements focus on utilizing easily accessible auxiliary outliers (e.g., data from the web or other datasets) in training.…

Machine Learning · Computer Science 2024-11-22 Haiyun Yao , Zongbo Han , Huazhu Fu , Xi Peng , Qinghua Hu , Changqing Zhang

Decentralized Learning (DL) enables privacy-preserving collaboration among organizations or users to enhance the performance of local deep learning models. However, model aggregation becomes challenging when client data is heterogeneous,…

Machine Learning · Computer Science 2025-02-21 Edvin Listo Zec , Tom Hagander , Eric Ihre-Thomason , Sarunas Girdzijauskas

The presence of outliers can prevent clustering algorithms from accurately determining an appropriate group structure within a data set. We present outlierMBC, a model-based approach for sequentially removing outliers and clustering the…

Methodology · Statistics 2025-06-30 Ultán P. Doherty , Paul D. McNicholas , Arthur White

We consider the multi-class classification problem when the training data and the out-of-sample test data may have different distributions and propose a method called BCOPS (balanced and conformal optimized prediction sets). BCOPS…

Methodology · Statistics 2019-06-26 Leying Guan , Rob Tibshirani

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

Cybersecurity has recently gained considerable interest in today's security issues because of the popularity of the Internet-of-Things (IoT), the considerable growth of mobile networks, and many related apps. Therefore, detecting numerous…

Machine learning has automated much of financial fraud detection, notifying firms of, or even blocking, questionable transactions instantly. However, data imbalance starves traditionally trained models of the content necessary to detect…

Machine Learning · Computer Science 2019-09-06 Samuel Showalter , Zhixin Wu

It is oftentimes impossible to understand how machine learning models reach a decision. While recent research has proposed various technical approaches to provide some clues as to how a learning model makes individual decisions, they cannot…

Machine Learning · Computer Science 2017-05-25 Wenbo Guo , Kaixuan Zhang , Lin Lin , Sui Huang , Xinyu Xing

The neighbor-based method has become a powerful tool to handle the outlier detection problem, which aims to infer the abnormal degree of the sample based on the compactness of the sample and its neighbors. However, the existing methods…

Machine Learning · Computer Science 2024-05-30 Zhuang Qi , Junlin Zhang , Xiaming Chen , Xin Qi