Bayesian Method with Clustering Algorithm for Credit Card Transaction Fraud Detection
Card transaction fraud is prevalent anywhere. Even with current preventive measures like the Europay, MasterCard and Visa (EMV) chips, possible weaknesses or loopholes can be exploited by fraudsters. This paper explores Naïve Bayes Classifier and clustering algorithms to detect fraud in credit card...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Romanian National Institute of Statistics
2018-03-01
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Series: | Revista Română de Statistică |
Subjects: | |
Online Access: | http://www.revistadestatistica.ro/wp-content/uploads/2018/03/RRS_1_2018_A08.pdf |