An Intelligent Financial Fraud Detection Model Based on Dilated Convolution and Generative Adversarial Network

With the widespread popularization of financial services, such as electronic payment, financial fraud has emerged as a pressing societal issue. Conventional methods of detecting financial fraud are often constrained by limitations in feature extraction and model generalization capabilities, hindering their ability to effectively respond to complex financial activity scenarios. To address this challenge, this work introduces an intelligent financial fraud detection model that integrates dilated convolution with a generative adversarial network. First, a dilated convolutional neural network is employed to extract features from transaction data. This process converts the transaction data into high-dimensional feature representations, enabling the capture of crucial information within the transactions. Subsequently, a generative adversarial network is leveraged to detect anomalies in the transaction data. Here, the generator is tasked with creating disguised representations of legitimate transaction data, while the discriminator is responsible for distinguishing between authentic and forged transaction data. Through iterative training of this model, the distribution characteristics of real transaction data are learned, enabling the detection of abnormal transaction data that does not conform to these patterns. Consequently, effective detection of financial fraud is achieved. The research results demonstrate that the proposed model not only achieves significant performance improvements on the experimental dataset but also exhibits robust generalization capabilities in real-world financial transactions.

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Publication Details

Journal
Journal of Circuits Systems and Computers
Published
2024-12-20
DOI
https://doi.org/10.1142/s0218126625501701
Primary Topic
Imbalanced Data Classification Techniques
Type
article
Field-Weighted Citation Impact
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article

An Intelligent Financial Fraud Detection Model Based on Dilated Convolution and Generative Adversarial Network

Wenhan Zhu, Zeya Wang, Cheng Zhang, Juexuan Li
Journal of Circuits Systems and Computers
Imbalanced Data Classification Techniques
article

An Intelligent Financial Fraud Detection Model Based on Dilated Convolution and Generative Adversarial Network

Wenhan Zhu, Zeya Wang, Cheng Zhang, Juexuan Li
article en

Abstract

With the widespread popularization of financial services, such as electronic payment, financial fraud has emerged as a pressing societal issue. Conventional methods of detecting financial fraud are often constrained by limitations in feature extraction and model generalization capabilities, hindering their ability to effectively respond to complex financial activity scenarios. To address this challenge, this work introduces an intelligent financial fraud detection model that integrates dilated convolution with a generative adversarial network. First, a dilated convolutional neural network is employed to extract features from transaction data. This process converts the transaction data into high-dimensional feature representations, enabling the capture of crucial information within the transactions. Subsequently, a generative adversarial network is leveraged to detect anomalies in the transaction data. Here, the generator is tasked with creating disguised representations of legitimate transaction data, while the discriminator is responsible for distinguishing between authentic and forged transaction data. Through iterative training of this model, the distribution characteristics of real transaction data are learned, enabling the detection of abnormal transaction data that does not conform to these patterns. Consequently, effective detection of financial fraud is achieved. The research results demonstrate that the proposed model not only achieves significant performance improvements on the experimental dataset but also exhibits robust generalization capabilities in real-world financial transactions.

Journal of Circuits Systems and ComputersVol. 34(07)
China University of Geosciences (CN), Guangdong Polytechnic of Science and Technology (CN), Guangzhou Vocational College of Science and Technology (CN), Guangzhou Electronic Technology (China) (CN), University of Southampton (GB)
Peace, Justice and strong institutions
Openalex Percentile: Top 78%
Imbalanced Data Classification Techniques
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