Credit Card Fraud Detection Using Machine Learning Techniques

Abstract

There are many types of fraud in our daily life. One of the frauds occurring these days is credit card fraud. When people around the globe make credit card transactions, there will also be fraudulent transactions. To avoid credit card fraud, we must know the patterns and how the fraud values differ. This paper proposed credit card fraud detection using machine learning based on the labeled data and differentiating the fraudulent and legitimate transactions. The experiment was conducted using supervised machine-learning techniques.