Machine Learning Approach to Detect Fraudulent Banking Transactions - Image 1

£49.74

GRIN Verlag Machine Learning Approach to Detect Fraudulent Banking Transactions

Name: Machine Learning Approach to Detect Fraudulent Banking Transactions
Brand: GRIN Verlag
Price: 49.74 GBP
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AI & Machine Learning

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Description

Master's Thesis from the year 2022 in the subject Computer Sciences - Artificial Intelligence, grade: 3, University of Applied Sciences Berlin, course: Project management and Data Science, language: English, abstract: The study investigates whether a machine learning algorithm can be used to detect fraud attempts and how a fraud management system based on machine learning might work. For fraud detection, most institutions rely on rule-based systems with manual evaluation. Until recently, these systems had been performing admirably. However, as fraudsters become more sophisticated, traditional systems' outcomes are becoming inconsistent. Fraud usually comprises many methods that are used repeatedly that's why looking for patterns is a common emphasis for fraud detection. Data analysts can, for example, avoid insurance fraud by developing algorithms that recognize trends and abnormalities. AI techniques used to detect fraud include Data mining classifies, groups, and segments data to search through millions of transactions to find patterns and detect fraud. The scientific paper discusses machine learning methods to detect fraud detection with a case study and analysis of Kaggle datasets.

Product Specifications

Brand: GRIN Verlag
Format: paperback
ASIN: 3346728951
Category: Books > Subjects > Computing & Internet > Computer Science > AI & Machine Learning
Domain: Amazon UK
Release Date: 06 September 2022
Listed Since: 14 December 2022

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GRIN Verlag Machine Learning Approach to Detect Fraudulent Banking Transactions

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