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Related papers: Big Data-Driven Fraud Detection Using Machine Lear…

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Rapid growth of modern technologies such as internet and mobile computing are bringing dramatically increased e-commerce payments, as well as the explosion in transaction fraud. Meanwhile, fraudsters are continually refining their tricks,…

Cryptography and Security · Computer Science 2018-03-20 Xurui Li , Wei Yu , Tianyu Luwang , Jianbin Zheng , Xuetao Qiu , Jintao Zhao , Lei Xia , Yujiao Li

The performance of classification algorithms with a massive and highly imbalanced data stream depends upon efficient balancing strategy. Some techniques of balancing strategy have been applied in the past with Batch data to resolve the…

Machine Learning · Computer Science 2019-10-22 Rafiq Ahmed Mohammed , Kok-Wai Wong , Mohd Fairuz Shiratuddin , Xuequn Wang

Criminals are using every means available to launder the profits from their illegal activities into ostensibly legitimate assets. Meanwhile, most commercial anti-money laundering systems are still rule-based, which cannot adapt to the…

Social and Information Networks · Computer Science 2025-01-17 Xurui Li , Xiang Cao , Xuetao Qiu , Jintao Zhao , Jianbin Zheng

Credit card fraud has emerged as major problem in the electronic payment sector. In this survey, we study data-driven credit card fraud detection particularities and several machine learning methods to address each of its intricate…

Machine Learning · Computer Science 2020-10-14 Yvan Lucas , Johannes Jurgovsky

Given a stream of money transactions between accounts in a bank, how can we accurately detect money laundering agent accounts and suspected behaviors in real-time? Money laundering agents try to hide the origin of illegally obtained money…

Social and Information Networks · Computer Science 2022-01-26 Xiaobing Sun , Wenjie Feng , Shenghua Liu , Yuyang Xie , Siddharth Bhatia , Bryan Hooi , Wenhan Wang , Xueqi Cheng

Money laundering is the process where criminals use financial services to move massive amounts of illegal money to untraceable destinations and integrate them into legitimate financial systems. It is very crucial to identify such activities…

Artificial Intelligence · Computer Science 2023-02-27 Md. Rezaul Karim , Felix Hermsen , Sisay Adugna Chala , Paola de Perthuis , Avikarsha Mandal

With the widely used smart meters in the energy sector, anomaly detection becomes a crucial mean to study the unusual consumption behaviors of customers, and to discover unexpected events of using energy promptly. Detecting consumption…

Databases · Computer Science 2016-06-21 Xiufeng Liu , Per Sieverts Nielsen

Credit card frauds are at an ever-increasing rate and have become a major problem in the financial sector. Because of these frauds, card users are hesitant in making purchases and both the merchants and financial institutions bear heavy…

Machine Learning · Computer Science 2020-12-08 Thanh Thi Nguyen , Hammad Tahir , Mohamed Abdelrazek , Ali Babar

The proliferation of mobile devices, such as smartphones and Internet of Things (IoT) gadgets, results in the recent mobile big data (MBD) era. Collecting MBD is unprofitable unless suitable analytics and learning methods are utilized for…

Distributed, Parallel, and Cluster Computing · Computer Science 2016-08-16 Mohammad Abu Alsheikh , Dusit Niyato , Shaowei Lin , Hwee-Pink Tan , Zhu Han

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

Various problems of any credit card fraud detection based on machine learning come from the imbalanced aspect of transaction datasets. Indeed, the number of frauds compared to the number of regular transactions is tiny and has been shown to…

Machine Learning · Computer Science 2022-06-28 François de la Bourdonnaye , Fabrice Daniel

Security and distributed infrastructure are two of the most common requirements for big data software. But the security features of the big data platforms are still premature. It is critical to identify, modify, test and execute some of the…

Cryptography and Security · Computer Science 2016-11-24 Santosh Aditham , Nagarajan Ranganathan

Human beings keep exploring the physical space using information means. Only recently, with the rapid development of information technologies and the increasing accumulation of data, human beings can learn more about the unknown world with…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-11-24 Tongya Zheng , Gang Chen , Xinyu Wang , Chun Chen , Xingen Wang , Sihui Luo

The global banking system has faced increasing challenges in combating money laundering, necessitating advanced methods for detecting suspicious transactions. Anti-money laundering (or AML) approaches have often relied on predefined…

Social and Information Networks · Computer Science 2024-09-04 Anthony Bonato , Juan Sebastian Chavez Palan , Adam Szava

This study focuses on a method for detecting and classifying distributed denial of service (DDoS) attacks, such as SYN Flooding, ACK Flooding, HTTP Flooding, and UDP Flooding, using neural networks. Machine learning, particularly neural…

Cryptography and Security · Computer Science 2025-01-03 Dmytro Tymoshchuk , Oleh Yasniy , Mykola Mytnyk , Nataliya Zagorodna , Vitaliy Tymoshchuk

This paper proposes nowcasting of high-frequency financial datasets in real-time with a 5-minute interval using the streaming analytics feature of Apache Spark. The proposed 2 stage method consists of modelling chaos in the first stage and…

Machine Learning · Computer Science 2022-02-25 Mohammad Arafat Ali Khan , Chandra Bhushan , Vadlamani Ravi , Vangala Sarveswara Rao , Shiva Shankar Orsu

With an upsurge in financial accounting fraud in the current economic scenario experienced, financial accounting fraud detection (FAFD) has become an emerging topic of great importance for academic, research and industries. The failure of…

Computers and Society · Computer Science 2013-09-17 Anuj Sharma , Prabin Kumar Panigrahi

With the deepening of the digitization degree of financial business, financial fraud presents more complex and hidden characteristics, which poses a severe challenge to the risk prevention and control ability of financial institutions. At…

Computational Engineering, Finance, and Science · Computer Science 2024-05-08 Xinye Sha

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

Today, we have to deal with many data (Big data) and we need to make decisions by choosing an architectural framework to analyze these data coming from different area. Due to this, it become problematic when we want to process these data,…

Software Engineering · Computer Science 2019-01-29 Youness Dendane , Fabio Petrillo , Hamid Mcheick , Souhail Ben Ali