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Related papers: Fraud Detection System for Banking Transactions

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Smart contract is the building block of blockchain systems that enables automated peer-to-peer transactions and decentralized services. With the increasing popularity of smart contracts, blockchain systems, in particular Ethereum, have been…

Cryptography and Security · Computer Science 2021-05-24 Huiwen Hu , Yuedong Xu

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

With the rapid growth of blockchain, an increasing number of users have been attracted and many implementations have been refreshed in different fields. Especially in the cryptocurrency investment field, blockchain technology has shown…

Cryptography and Security · Computer Science 2021-04-20 Shanqing Yu , Jie Jin , Yunyi Xie , Jie Shen , Qi Xuan

In this paper, we present an automated feature engineering based approach to dramatically reduce false positives in fraud prediction. False positives plague the fraud prediction industry. It is estimated that only 1 in 5 declared as fraud…

Artificial Intelligence · Computer Science 2017-10-30 Roy Wedge , James Max Kanter , Santiago Moral Rubio , Sergio Iglesias Perez , Kalyan Veeramachaneni

With the widespread adoption of Ethereum, financial frauds such as Ponzi schemes have become increasingly rampant in the blockchain ecosystem, posing significant threats to the security of account assets. Existing Ethereum fraud detection…

Cryptography and Security · Computer Science 2025-03-28 Junhao Wu , Yixin Yang , Chengxiang Jin , Silu Mu , Xiaolei Qian , Jiajun Zhou , Shanqing Yu , Qi Xuan

Continuous generation of streaming data from diverse sources, such as online transactions and digital interactions, necessitates timely fraud detection. Traditional batch processing methods often struggle to capture the rapidly evolving…

Machine Learning · Computer Science 2025-04-15 Vivek Yelleti

Fraud detection is an important topic that applies to various enterprises such as banking and financial sectors, insurance, government agencies, law enforcement, and more. Fraud attempts have been risen remarkably in current years, shaping…

Machine Learning · Computer Science 2020-06-03 Mohamad Khedmati , Masoud Erfani , Mohammad GhasemiGol

The lack of accessible transactional data significantly hinders machine learning research for Anti-Money Laundering (AML). Privacy and legal concerns prevent the sharing of real financial data, while existing synthetic generators focus on…

Machine Learning · Computer Science 2026-03-03 Montijn van den Beukel , Jože Martin Rožanec , Ana-Lucia Varbanescu

With the popularity of blockchain technology, the financial security issues of blockchain transaction networks have become increasingly serious. Phishing scam detection methods will protect possible victims and build a healthier blockchain…

Machine Learning · Computer Science 2021-08-20 Dunjie Zhang , Jinyin Chen

Monitoring network traffic to maintain the quality of service (QoS) and to detect network intrusions in a timely and efficient manner is essential. As network traffic is sequential, recurrent neural networks (RNNs) such as long short-term…

Cryptography and Security · Computer Science 2023-10-04 Muhammad Wasim Nawaz , Rashid Munawar , Ahsan Mehmood , Muhammad Mahboob Ur Rahman , Qammer H. Abbasi

Hypergraphs are increasingly utilized in both unimodal and multimodal data scenarios due to their superior ability to model and extract higher-order relationships among nodes, compared to traditional graphs. However, current hypergraph…

Machine Learning · Computer Science 2024-09-10 Ziming Zhao , Tiehua Zhang , Zijian Yi , Zhishu Shen

In the insurance industry detecting fraudulent claims is a critical task with a significant financial impact. A common strategy to identify fraudulent claims is looking for inconsistencies in the supporting evidence. However, this is a…

Machine Learning · Computer Science 2023-01-19 Azin Asgarian , Rohit Saha , Daniel Jakubovitz , Julia Peyre

This study outlines a comprehensive methodology for verifying medical documents, integrating advanced techniques in template extraction, comparison, and fraud detection. It begins with template extraction using sophisticated…

Computer Vision and Pattern Recognition · Computer Science 2023-11-22 Harshitha Yenigalla , Bommareddy Revanth Srinivasa Reddy , Batta Venkata Rahul , Nannapuraju Hemanth Raju

Transformer-based neural networks, empowered by Self-Supervised Learning (SSL), have demonstrated unprecedented performance across various domains. However, related literature suggests that tabular Transformers may struggle to outperform…

To assure cyber security of an enterprise, typically SIEM (Security Information and Event Management) system is in place to normalize security event from different preventive technologies and flag alerts. Analysts in the security operation…

Cryptography and Security · Computer Science 2018-01-03 Wangyan Feng , Shuning Wu , Xiaodan Li , Kevin Kunkle

With the widespread digitization of finance and the increasing popularity of cryptocurrencies, the sophistication of fraud schemes devised by cybercriminals is growing. Money laundering -- the movement of illicit funds to conceal their…

Artificial Intelligence · Computer Science 2024-01-26 Erik Altman , Jovan Blanuša , Luc von Niederhäusern , Béni Egressy , Andreea Anghel , Kubilay Atasu

Misinformation can be countered with fact-checking, but the process is costly and slow. Identifying checkworthy claims is the first step, where automation can help scale fact-checkers' efforts. However, detection methods struggle with…

Artificial Intelligence · Computer Science 2025-06-05 Michiel van der Meer , Pavel Korshunov , Sébastien Marcel , Lonneke van der Plas

The digital era has seen a marked increase in financial fraud. edge ML emerged as a promising solution for smartphone payment services fraud detection, enabling the deployment of ML models directly on edge devices. This approach enables a…

Computational Engineering, Finance, and Science · Computer Science 2024-01-11 Nader Karayanni , Robert J. Shahla , Chieh-Lien Hsiao

Despite the fact that cryptocurrencies themselves have experienced an astonishing rate of adoption over the last decade, cryptocurrency fraud detection is a heavily under-researched problem area. Of all fraudulent activity regarding…

Machine Learning · Computer Science 2022-05-11 Viswanath Chadalapaka , Kyle Chang , Gireesh Mahajan , Anuj Vasil

The automatic detection of frauds in banking transactions has been recently studied as a way to help the analysts finding fraudulent operations. Due to the availability of a human feedback, this task has been studied in the framework of…

Machine Learning · Computer Science 2020-04-24 Christelle Marfaing , Alexandre Garcia