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Financial institutions and businesses face an ongoing challenge from fraudulent transactions, prompting the need for effective detection methods. Detecting credit card fraud is crucial for identifying and preventing unauthorized…

Machine Learning · Computer Science 2024-02-23 Md. Alamin Talukder , Rakib Hossen , Md Ashraf Uddin , Mohammed Nasir Uddin , Uzzal Kumar Acharjee

Ensuring safety and explainability of machine learning (ML) is a topic of increasing relevance as data-driven applications venture into safety-critical application domains, traditionally committed to high safety standards that are not…

Machine Learning · Computer Science 2020-05-28 Koorosh Aslansefat , Ioannis Sorokos , Declan Whiting , Ramin Tavakoli Kolagari , Yiannis Papadopoulos

The concept of the Internet of Things (IoT) is a reality now. This paradigm shift has caught everyones attention in a large class of applications, including IoT-based video analytics using smart doorbells. Due to its growing application…

Computers and Society · Computer Science 2020-09-22 Tapan Pathak , Vatsal Patel , Sarth Kanani , Shailesh Arya , Pankesh Patel , Muhammad Intizar Ali , John Breslin

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…

Machine Learning · Computer Science 2024-11-13 Chang Yu , Yongshun Xu , Jin Cao , Ye Zhang , Yinxin Jin , Mengran Zhu

Detecting changes is of fundamental importance when analyzing data streams and has many applications, e.g., in predictive maintenance, fraud detection, or medicine. A principled approach to detect changes is to compare the distributions of…

Machine Learning · Computer Science 2025-02-13 Florian Kalinke , Marco Heyden , Georg Gntuni , Edouard Fouché , Klemens Böhm

The Kolmogorov-Smirnov (KS) statistic is widely used in credit risk model monitoring and validation to assess discriminatory power. In practice, a material decline in KS often triggers governance review and requires validation teams to…

Risk Management · Quantitative Finance 2026-04-14 Yiqing Wang

The changes in the electric energy system toward a sustainable future are inevitable and already on the way today. This often entails a change of paradigm for the electric energy grid, for example, the switch from central to decentralized…

Systems and Control · Electrical Eng. & Systems 2023-10-10 David Fellner , Thomas I. Strasser , Wolfgang Kastner , Feizifar Behnam , Ibrahim F. Abdulhadi

Money launderers take advantage of limitations in existing detection approaches by hiding their financial footprints in a deceitful manner. They manage this by replicating transaction patterns that the monitoring systems cannot easily…

Machine Learning · Computer Science 2026-04-15 Haseeb Tariq , Alen Kaja , Marwan Hassani

The emerging trend towards distributed (cloud) systems (DS) has widely arrived whether in the automotive, public or the financial sector, but the execution of services of heterogeneous service providers is exposed to several risks. Beside…

Software Engineering · Computer Science 2022-09-29 Lev Sorokin

Machine learning (ML) is expected to play a major role in 5G edge computing. Various studies have demonstrated that ML is highly suitable for optimizing edge computing systems as rapid mobility and application-induced changes occur at the…

Machine Learning · Computer Science 2021-11-16 Amir Hossein Estiri , Muthucumaru Maheswaran

Money laundering (ML) is the behavior to conceal the source of money achieved by illegitimate activities, and always be a fast process involving frequent and chained transactions. How can we detect ML and fraudulent activity in large scale…

Computers and Society · Computer Science 2021-03-24 Xiaobing Sun , Jiabao Zhang , Qiming Zhao , Shenghua Liu , Jinglei Chen , Ruoyu Zhuang , Huawei Shen , Xueqi Cheng

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…

Databases · Computer Science 2015-03-12 M. Vadoodparast , A. Razak Hamdan , Hafiz

Machine learning on data streams is increasingly more present in multiple domains. However, there is often data distribution shift that can lead machine learning models to make incorrect decisions. While there are automatic methods to…

Machine Learning · Computer Science 2022-05-02 João Palmeiro , Beatriz Malveiro , Rita Costa , David Polido , Ricardo Moreira , Pedro Bizarro

Financial markets are of much interest to researchers due to their dynamic and stochastic nature. With their relations to world populations, global economies and asset valuations, understanding, identifying and forecasting trends and…

Statistical Finance · Quantitative Finance 2021-08-13 Peter Akioyamen , Yi Zhou Tang , Hussien Hussien

Modern data management systems often need to deal with massive, dynamic and inherently distributed data sources. We collect the data using a distributed network, and at the same time try to maintain a global view of the data at a central…

Data Structures and Algorithms · Computer Science 2016-08-04 Jiecao Chen , Qin Zhang

Many emerging AI applications request distributed machine learning (ML) among edge systems (e.g., IoT devices and PCs at the edge of the Internet), where data cannot be uploaded to a central venue for model training, due to their large…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-11-19 Hanpeng Hu , Dan Wang , Chuan Wu

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

In contemporary edge computing systems, decentralized edge nodes aggregate unprocessed data and facilitate data analytics to uphold low transmission latency and real-time data processing capabilities. Recently, these edge nodes have evolved…

Cryptography and Security · Computer Science 2024-04-29 Kongyang Chen , Yi Lin , Hui Luo , Bing Mi , Yatie Xiao , Chao Ma , Jorge Sá Silva

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

Deep Learning (DL) model-based AI services are increasingly offered in a variety of predictive analytics services such as computer vision, natural language processing, speech recognition. However, the quality of the DL models can degrade…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-11-04 Anirban Bhattacharjee , Ajay Dev Chhokra , Hongyang Sun , Shashank Shekhar , Aniruddha Gokhale , Gabor Karsai , Abhishek Dubey
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