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Related papers: Fraud Dataset Benchmark and Applications

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With an increase in financial accounting fraud in the current economic scenario experienced, financial accounting fraud detection has become an emerging topics of great importance for academics, research and industries. Financial fraud is a…

Other Computer Science · Computer Science 2013-09-05 H. Lookman Sithic , T. Balasubramanian

As the availability of financial services online continues to grow, the incidence of fraud has surged correspondingly. Fraudsters continually seek new and innovative ways to circumvent the detection algorithms in place. Traditionally, fraud…

Machine Learning · Computer Science 2024-11-25 Prashank Kadam

In the era of the digitally driven economy, where there has been an exponential surge in digital payment systems and other online activities, various forms of fraudulent activities have accompanied the digital growth, out of which credit…

Machine Learning · Computer Science 2025-09-23 Ganesh Khekare , Shivam Sunda , Yash Bothra

In this report, I present a deep learning approach to conduct a natural language processing (hereafter NLP) binary classification task for analyzing financial-fraud texts. First, I searched for regulatory announcements and enforcement…

Computation and Language · Computer Science 2023-08-09 Qiuru Li

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

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…

Computational Engineering, Finance, and Science · Computer Science 2025-02-03 Tingting Deng , Shuochen Bi , Jue Xiao

The application of machine learning to support the processing of large datasets holds promise in many industries, including financial services. However, practical issues for the full adoption of machine learning remain with the focus being…

Machine Learning · Computer Science 2021-05-14 Ismini Psychoula , Andreas Gutmann , Pradip Mainali , S. H. Lee , Paul Dunphy , Fabien A. P. Petitcolas

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

Global financial crime activity is driving demand for machine learning solutions in fraud prevention. However, prevention systems are commonly serviced to financial institutions in isolation, and few provisions exist for data sharing due to…

Cryptography and Security · Computer Science 2024-01-08 Iker Perez , Jason Wong , Piotr Skalski , Stuart Burrell , Richard Mortier , Derek McAuley , David Sutton

For the highly imbalanced credit card fraud detection problem, most existing methods either use data augmentation methods or conventional machine learning models, while neural network-based anomaly detection approaches are lacking.…

Machine Learning · Computer Science 2022-06-30 Tungyu Wu , Youting Wang

The credit card has become the most popular payment method for both online and offline transactions. The necessity to create a fraud detection algorithm to precisely identify and stop fraudulent activity arises as a result of both the…

Artificial Intelligence · Computer Science 2023-03-14 AlsharifHasan Mohamad Aburbeian , Huthaifa I. Ashqar

This paper introduces the Fair Fairness Benchmark (\textsf{FFB}), a benchmarking framework for in-processing group fairness methods. Ensuring fairness in machine learning is important for ethical compliance. However, there exist challenges…

Machine Learning · Computer Science 2024-06-12 Xiaotian Han , Jianfeng Chi , Yu Chen , Qifan Wang , Han Zhao , Na Zou , Xia Hu

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

Social reviews have dominated the web and become a plausible source of product information. People and businesses use such information for decision-making. Businesses also make use of social information to spread fake information using a…

Machine Learning · Computer Science 2023-01-05 Saeedreza Shehnepoor , Roberto Togneri , Wei Liu , Mohammed Bennamoun

Graph-based Neural Networks (GNNs) are recent models created for learning representations of nodes (and graphs), which have achieved promising results when detecting patterns that occur in large-scale data relating different entities. Among…

Machine Learning · Computer Science 2021-08-20 Ronald D. R. Pereira , Fabrício Murai

Speaker recognition is a widely used voice-based biometric technology with applications in various industries, including banking, education, recruitment, immigration, law enforcement, healthcare, and well-being. However, while dataset…

Computers and Society · Computer Science 2023-08-21 Casandra Rusti , Anna Leschanowsky , Carolyn Quinlan , Michaela Pnacek , Lauriane Gorce , Wiebke Hutiri

Fraud causes substantial costs and losses for companies and clients in the finance and insurance industries. Examples are fraudulent credit card transactions or fraudulent claims. It has been estimated that roughly $10$ percent of the…

Machine Learning · Computer Science 2019-10-09 I. Fursov , A. Zaytsev , R. Khasyanov , M. Spindler , E. Burnaev

Guaranteeing the security of transactional systems is a crucial priority of all institutions that process transactions, in order to protect their businesses against cyberattacks and fraudulent attempts. Adversarial attacks are novel…

Cryptography and Security · Computer Science 2021-01-21 Francesco Cartella , Orlando Anunciacao , Yuki Funabiki , Daisuke Yamaguchi , Toru Akishita , Olivier Elshocht

Despite the progress made in deepfake detection research, recent studies have shown that biases in the training data for these detectors can result in varying levels of performance across different demographic groups, such as race and…

Machine Learning · Computer Science 2025-01-03 Uzoamaka Ezeakunne , Chrisantus Eze , Xiuwen Liu

Since the inception of permissionless blockchains with Bitcoin in 2008, it became apparent that their most well-suited use case is related to making the financial system and its advantages available to everyone seamlessly without depending…

General Finance · Quantitative Finance 2023-06-16 Georgios Palaiokrassas , Sandro Scherrers , Iason Ofeidis , Leandros Tassiulas
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