Exploring Data Science Techniques for Fraud Detection

Fraud detection has become increasingly critical as online transactions and digital interactions proliferate across industries. This paper explores advanced data science methodologies and machine learning algorithms for identifying fraudulent activities in real-time, addressing challenges like data imbalance, feature engineering, and model evaluation. It provides insights into traditional and emerging fraud detection techniques and emphasizes future directions for research and implementation. Key findings and ethical considerations are also discussed.

Authors

Publication Details

Journal
International Journal of Computer Science and Mobile Computing
Published
2024-11-26
DOI
https://doi.org/10.47760/ijcsmc.2024.v13i11.002
Citations
8
Primary Topic
Imbalanced Data Classification Techniques
Type
article
Field-Weighted Citation Impact
2.78
Controls
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article

Exploring Data Science Techniques for Fraud Detection

Naveen Bagam
8 citations
International Journal of Computer Science and Mobile Computing
Imbalanced Data Classification Techniques
2.78
article

Exploring Data Science Techniques for Fraud Detection

Naveen Bagam
article en
8 citations

Abstract

Fraud detection has become increasingly critical as online transactions and digital interactions proliferate across industries. This paper explores advanced data science methodologies and machine learning algorithms for identifying fraudulent activities in real-time, addressing challenges like data imbalance, feature engineering, and model evaluation. It provides insights into traditional and emerging fraud detection techniques and emphasizes future directions for research and implementation. Key findings and ethical considerations are also discussed.

International Journal of Computer Science and Mobile ComputingVol. 13(11)
Peace, Justice and strong institutions
Openalex Percentile: Top 8%
Imbalanced Data Classification Techniques
2.78
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Exploring Data Science Techniques for Fraud Detection — Naveen Bagam · International Journal of Computer Science and Mobile Computing (2024) | TGRS Research Map | TGRS