Research on Credit Card Fraud Detection Model Based on Distance Sum

Banking transactions, such as online transactions, credit card transactions and the mobile wallet, are gaining popularity. People are shopping more and more using credit cards. Credit cards have become a necessity, to the virtual world, for digitized ...

With the increasing use of credit cards for online and offline transactions, the risk of fraudulent activities has also increased significantly. In this study, we propose a machine learning-based approach to predict credit card fraud. We used a public ...

Due to the increasing demand on electronic payment, fraud methods also increasing which resulted in losing millions of Riyals worldwide each year. Several ways have been applied to fight against fraud, therefore, fraud prevention is becoming a vital ...