T. Karthikeyan^1,*, M. Govindarajan¹, V. Vijayakumar²

Intelligent Automation & Soft Computing, Vol.37, No.2, pp. 1483-1498, 2023, DOI:10.32604/iasc.2023.037606

Abstract Frauds don’t follow any recurring patterns. They require the use of unsupervised learning since their behaviour is continually changing. Fraudsters have access to the most recent technology, which gives them the ability to defraud people through online transactions. Fraudsters make assumptions about consumers’ routine behaviour, and fraud develops swiftly. Unsupervised learning must be used by fraud detection systems to recognize online payments since some fraudsters start out using online channels before moving on to other techniques. Building a deep convolutional neural network model to identify anomalies from conventional competitive swarm optimization patterns with a focus on fraud situations that cannot… More >

Kanika¹, Jimmy Singla¹, Ali Kashif Bashir², Yunyoung Nam^3,*, Najam UI Hasan⁴, Usman Tariq⁵

CMC-Computers, Materials & Continua, Vol.70, No.2, pp. 2861-2877, 2022, DOI:10.32604/cmc.2022.019990

Abstract With the rise of internet facilities, a greater number of people have started doing online transactions at an exponential rate in recent years as the online transaction system has eliminated the need of going to the bank physically for every transaction. However, the fraud cases have also increased causing the loss of money to the consumers. Hence, an effective fraud detection system is the need of the hour which can detect fraudulent transactions automatically in real-time. Generally, the genuine transactions are large in number than the fraudulent transactions which leads to the class imbalance problem. In this research work, an… More >