Credit Card Fraud Detection Using Machine Learning

Authors

  • Prof. Sonali Dongare  Information Technology, Nutan Maharashtra Institute of Engineering and Technology Talegaon Dabhade, India
  • Sakshi Salunke  Information Technology, Nutan Maharashtra Institute of Engineering and Technology Talegaon Dabhade, India
  • Kishori Shinde  Information Technology, Nutan Maharashtra Institute of Engineering and Technology Talegaon Dabhade, India
  • Sanika Thorat  Information Technology, Nutan Maharashtra Institute of Engineering and Technology Talegaon Dabhade, India
  • Vaishnavi Shinde  Information Technology, Nutan Maharashtra Institute of Engineering and Technology Talegaon Dabhade, India
  • Nitin Dhawas  Information Technology, Nutan Maharashtra Institute of Engineering and Technology Talegaon Dabhade, India

Keywords:

credit card fraud, credit card detection, machine learning, supervised learning

Abstract

These days, credit card transactions and associated frauds are widespread occurrences. The most popular method of fraud is obtaining credit card information unlawfully and using it to make online purchases. It is extremely difficult for credit card companies and retailers to identify these fraudulent transactions amidst the many legitimate transactions. Device mastering methods could be used to solve this issue if sufficient data is acquired and made public. Popular supervised and unsupervised device learning techniques were used in this study to identify credit card fraud in a dataset that was incredibly unbalanced. Unsupervised machine learning algorithms were discovered to be capable of handling the skewness and give nice classification results.

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International Journal of Scientific Research in Science, Engineering and Technology

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Published

2023-12-30

Issue

Volume 10, Issue 6, November-December-2023

Section

Research Articles

License

Copyright (c) IJSRSET

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This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite

[1]
Prof. Sonali Dongare, Sakshi Salunke, Kishori Shinde, Sanika Thorat, Vaishnavi Shinde, Nitin Dhawas "Credit Card Fraud Detection Using Machine Learning" International Journal of Scientific Research in Science, Engineering and Technology (IJSRSET), Print ISSN : 2395-1990, Online ISSN : 2394-4099, Volume 10, Issue 6, pp.247-252, November-December-2023.