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We develop quantum protocols for anomaly detection and apply them to the task of credit card fraud detection (FD). First, we establish classical benchmarks based on supervised and unsupervised machine learning methods, where average…

Quantum Physics · Physics 2022-08-03 Oleksandr Kyriienko , Einar B. Magnusson

Anomaly detection in cybersecurity is a challenging task, where normal events far outnumber anomalous ones with new anomalies occurring frequently. Classical autoencoders have been used for anomaly detection, but struggles in data-limited…

Emerging Technologies · Computer Science 2025-10-28 Rohan Senthil , Swee Liang Wong

This paper investigates whether hybrid quantum-classical machine learning can deliver practical improvements in financial fraud detection performance for card-based and other payment transactions. Building on a Guided Quantum Compressor…

Quantum Physics · Physics 2026-05-05 Rodrigo Chaves , Kunal Kumar , Bruno Chagas , Rory Linerud , Brannen Sorem , Javier Mancilla , Bryn Bell

Social financial technology focuses on trust, sustainability, and social responsibility, which require advanced technologies to address complex financial tasks in the digital era. With the rapid growth in online transactions, automating…

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

Anomaly Detection (AD) defines the task of identifying observations or events that deviate from typical - or normal - patterns, a critical capability in IT security for recognizing incidents such as system misconfigurations, malware…

Quantifying the uncertainty of quantities of interest (QoIs) from physical systems is a primary objective in model validation. However, achieving this goal entails balancing the need for computational efficiency with the requirement for…

Machine Learning · Statistics 2024-07-08 Nuojin Cheng , Osman Asif Malik , Subhayan De , Stephen Becker , Alireza Doostan

The increasing complexity and volume of financial transactions pose significant challenges to traditional fraud detection systems. This technical report investigates and compares the efficacy of classical, quantum, and quantum-hybrid…

Escalating cyber threats and the high-dimensional complexity of IoT traffic have outpaced classical anomaly detection methods. While deep learning offers improvements, computational bottlenecks limit real-time deployment at scale. We…

Machine Learning · Computer Science 2025-12-01 Swathi Chandrasekhar , Shiva Raj Pokhrel , Swati Kumari , Navneet Singh

As financial fraud becomes increasingly complex, effective detection methods are essential. Quantum Machine Learning (QML) introduces certain capabilities that may enhance both accuracy and efficiency in this area. This study examines how…

Quantum Physics · Physics 2026-02-12 Mansour El Alami , Nouhaila Innan , Muhammad Shafique , Mohamed Bennai

We present the enhanced feature quantum autoencoder, or EF-QAE, a variational quantum algorithm capable of compressing quantum states of different models with higher fidelity. The key idea of the algorithm is to define a parameterized…

Quantum Physics · Physics 2021-07-13 Carlos Bravo-Prieto

Classical machine learning often struggles with complex, high-dimensional data. Quantum machine learning offers a potential solution, promising more efficient processing. The quantum convolutional neural network (QCNN), a hybrid algorithm,…

Quantum Physics · Physics 2025-07-25 Hinako Asaoka , Kazue Kudo

This study introduces the Quantum Federated Neural Network for Financial Fraud Detection (QFNN-FFD), a cutting-edge framework merging Quantum Machine Learning (QML) and quantum computing with Federated Learning (FL) for financial fraud…

Quantum Physics · Physics 2025-09-03 Nouhaila Innan , Alberto Marchisio , Mohamed Bennai , Muhammad Shafique

This paper presents a first end-to-end application of a Quantum Support Vector Machine (QSVM) algorithm for a classification problem in the financial payment industry using the IBM Safer Payments and IBM Quantum Computers via the Qiskit…

Designing effective quantum models for real-world tasks remains a key challenge within Quantum Machine Learning (QML), particularly in applications such as credit card fraud detection, where extreme class imbalance and evolving attack…

Quantum Physics · Physics 2025-09-01 Nouhaila Innan , Akshat Singh , Muhammad Shafique

Credit card fraud is an ongoing problem for almost all industries in the world, and it raises millions of dollars to the global economy each year. Therefore, there is a number of research either completed or proceeding in order to detect…

Machine Learning · Computer Science 2020-07-30 Yusuf Yazici

The no-cloning property of quantum mechanics allows unforgeability of quantum banknotes and credit cards. Quantum credit card protocols involve a bank, a client and a payment terminal, and their practical implementation typically relies on…

Quantum Physics · Physics 2019-02-28 Mathieu Bozzio , Eleni Diamanti , Frédéric Grosshans

The frequent interactions between quantum computing and machine learning revolutionize both fields. One prototypical achievement is the quantum auto-encoder (QAE), as the leading strategy to relieve the curse of dimensionality ubiquitous in…

Quantum Physics · Physics 2024-10-03 Yuxuan Du , Dacheng Tao

Quantum computing has a potential to accelerate the data processing efficiency, especially in machine learning, by exploiting special features such as the quantum interference. The major challenge in this application is that, in general,…

Credit card is one of the most extensive methods of instalment for both online and offline mode of payment for electronic transactions in recent times. credit cards invention has provided significant ease in electronic transactions.…

Machine Learning · Computer Science 2024-09-23 Sourav Verma , Joydip Dhar
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