HYBRID DEEP NEURAL ENSEMBLE FOR INTELLIGENT FINANCIAL FRAUD DETECTION

The rapid expansion of digital financial services has led to an exponential increase in online transactions, making financial fraud one of the most critical challenges for banks, fintech companies, and payment gateways. Traditional fraud detection methods, including rule-based systems and conventional machine learning algorithms, often fail to detect sophisticated and evolving fraudulent patterns due to their limited ability to process large-scale, high-dimensional, and dynamic datasets. To address these challenges, this study proposes a Hybrid Deep Neural Ensemble for Intelligent Financial Fraud Detection, integrating multiple deep learning models into a unified framework to enhance detection accuracy and robustness. The ensemble leverages the complementary strengths of different neural network architectures to effectively capture transactional patterns, temporal dependencies, and anomalous behaviours. By aggregating predictions from multiple models, the proposed approach reduces false positives and improves overall system reliability. The framework further incorporates advanced feature engineering, data preprocessing techniques, and real-time monitoring for timely identification of suspicious transactions. Experimental evaluation on benchmark financial datasets demonstrates that the proposed hybrid model significantly outperforms traditional machine learning and standalone deep learning models in terms of precision, recall, F1-score, and overall detection rate.