Analysis on Credit Card Fraud Detection Methods
Journal Title: INTERNATIONAL JOURNAL OF COMPUTER TRENDS & TECHNOLOGY - Year 2014, Vol 8, Issue 1
Abstract
Due to the theatrical increase of fraud which results in loss of dollars worldwide each year, several modern techniques in detecting fraud are persistently evolved and applied to many business fields. Fraud detection involves monitoring the activities of populations of users in order to estimate, perceive or avoid undesirable behavior. Undesirable behavior is a broad term including delinquency, fraud, intrusion, and account defaulting. This paper presents a survey of current techniques used in credit card fraud detection and telecommunication fraud. The goal of this paper is to provide a comprehensive review of different techniques to detect fraud.
Authors and Affiliations
Renu , Suman
Keywords
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