Implementing a Java Microservice for Credit Fraud Detection Using Machine Learning

This study investigates the application of the Random Forest algorithm to identify and prevent fraudulent activities in a dynamic and complex financial environment. We aim to generate a fraud detection model and integrate it into a Java-based microservice for practical deployment. The process involves training and validating the model using historical transaction data, serializing the model for integration, and developing a scalable, stateless microservice with RESTful APIs. This microservice can be seamlessly integrated into existing financial systems, leveraging containerization technologies for deployment. By embedding the Random Forest model within a Java microservice, financial institutions can enhance their fraud detection mechanisms, providing robust protection against fraudulent activities and minimizing financial losses.

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Publication Details

Published
2024-09-19
DOI
https://doi.org/10.1109/roedunet64292.2024.10722691
Citations
2
Primary Topic
Financial Distress and Bankruptcy Prediction
Type
article
Field-Weighted Citation Impact
1.89
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article

Implementing a Java Microservice for Credit Fraud Detection Using Machine Learning

Eduard-Cristian Popovici, Dan-Alexandru Teodoraș, Cosmina Stalidi, George Suciu
2 citations
Financial Distress and Bankruptcy Prediction
1.89
article

Implementing a Java Microservice for Credit Fraud Detection Using Machine Learning

Eduard-Cristian Popovici, Dan-Alexandru Teodoraș, Cosmina Stalidi, George Suciu
article en
2 citations

Abstract

This study investigates the application of the Random Forest algorithm to identify and prevent fraudulent activities in a dynamic and complex financial environment. We aim to generate a fraud detection model and integrate it into a Java-based microservice for practical deployment. The process involves training and validating the model using historical transaction data, serializing the model for integration, and developing a scalable, stateless microservice with RESTful APIs. This microservice can be seamlessly integrated into existing financial systems, leveraging containerization technologies for deployment. By embedding the Random Forest model within a Java microservice, financial institutions can enhance their fraud detection mechanisms, providing robust protection against fraudulent activities and minimizing financial losses.

Universitatea Națională de Știință și Tehnologie Politehnica București (RO)
Peace, Justice and strong institutions
Openalex Percentile: Top 11%
Financial Distress and Bankruptcy Prediction
1.89
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Implementing a Java Microservice for Credit Fraud Detection Using Machine Learning — Eduard-Cristian Popovici, Dan-Alexandru Teodoraș, et al. · (2024) | TGRS Research Map | TGRS