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Credit Card Fraudulent Transaction Detection Research PaperGarvit Burad
Credit Card Fraudulent Transaction Detection Research Paper using Machine Learning technologies like Logistic Regression, Random Forrest, Feature Engineering and various techniques to deal with highly skewed dataset
This document presents a seminar on a credit card fraud detection model based on the Apriori algorithm. The model uses frequent itemset mining to find legal and fraudulent transaction patterns for each customer, converting an imbalanced credit card transaction dataset into a balanced one. The model is trained using Apriori to generate legal and fraud transaction patterns for each customer. New transactions are then matched to these patterns to detect fraud. The proposed model works independently of attribute values and can handle class imbalance issues common in fraud detection.
This document proposes a mechanism to detect credit card fraud in online transactions using a Hidden Markov Model. The model would classify users as having low, medium, or high spending habits and flag transactions as potentially fraudulent if a user makes a payment outside their normal spending category. The mechanism was implemented using HTML, CSS, JavaScript, PHP, and MySQL and could help reduce fraud by adding an additional layer of security validation for online payments. However, it may not detect all fraudulent transactions accurately as the Hidden Markov Model requires at least 10 prior transactions to properly classify users.
This document describes an online payment security system that uses a decision tree model and skewed passwords to detect credit card fraud. The system aims to detect fraudulent transactions before they are completed by verifying credit card information and running a fraud check. It proposes using a skewed password system where users select click points on a sequence of images and corresponding sound signatures to increase security. The system architecture includes modules for web merchant design, fraud detection, and skewed password implementation. It was created to address the growing risk of online credit card fraud and provide a more secure payment solution.
Credit card fraud detection methods using Data-mining.pptx (2)k.surya kumar
This document discusses advanced credit card fraud detection techniques. It outlines that millions of dollars are lost annually to credit card fraud. It then describes different types of fraud like counterfeit cards, lost/stolen cards, and identity theft. It presents several data mining techniques used for fraud detection, including hidden Markov models, decision trees, k-nearest neighbor algorithm, and logistic regression. Specifically, it notes that hidden Markov models use automatic techniques to take action at precise times, decision trees separate complex problems, and k-nearest neighbor and support vector machines are used for easy detection and kernel representation/margin optimization respectively. The document concludes that logistic regression can minimize fraud rates and is easy to implement.
Credit card fraud detection using machine learning Algorithmsankit panigrahy
This document discusses credit card fraud detection using machine learning techniques. It compares the performance of naïve bayes, k-nearest neighbor, and logistic regression classifiers on a credit card transactions dataset. The dataset contains over 284,000 transactions with 0.172% fraudulent cases, making the data highly imbalanced. Different resampling techniques are used to address this imbalance. The performance of the classifiers is evaluated based on various metrics like accuracy, sensitivity, specificity, and F1 score. The results show that kNN performs best for most metrics except accuracy on a specific class distribution, while naïve bayes and logistic regression also achieve good performance.
Credit card fraud detection using python machine learningSandeep Garg
COMPANY_NAME provides data-driven business transformation services using advanced analytics and artificial intelligence. It helps businesses contextualize data, generate insights from complex problems, and make data-driven decisions. The document then discusses using machine learning for credit card fraud detection. It explains supervised learning as inferring a function from labeled training and test data to map inputs to outputs with minimal error. Screenshots are provided of exploring and preprocessing a credit card transaction dataset for outlier detection, correlation, and preparing the data for machine learning models.
Credit Card Fraudulent Transaction Detection Research PaperGarvit Burad
Credit Card Fraudulent Transaction Detection Research Paper using Machine Learning technologies like Logistic Regression, Random Forrest, Feature Engineering and various techniques to deal with highly skewed dataset
This document presents a seminar on a credit card fraud detection model based on the Apriori algorithm. The model uses frequent itemset mining to find legal and fraudulent transaction patterns for each customer, converting an imbalanced credit card transaction dataset into a balanced one. The model is trained using Apriori to generate legal and fraud transaction patterns for each customer. New transactions are then matched to these patterns to detect fraud. The proposed model works independently of attribute values and can handle class imbalance issues common in fraud detection.
This document proposes a mechanism to detect credit card fraud in online transactions using a Hidden Markov Model. The model would classify users as having low, medium, or high spending habits and flag transactions as potentially fraudulent if a user makes a payment outside their normal spending category. The mechanism was implemented using HTML, CSS, JavaScript, PHP, and MySQL and could help reduce fraud by adding an additional layer of security validation for online payments. However, it may not detect all fraudulent transactions accurately as the Hidden Markov Model requires at least 10 prior transactions to properly classify users.
This document describes an online payment security system that uses a decision tree model and skewed passwords to detect credit card fraud. The system aims to detect fraudulent transactions before they are completed by verifying credit card information and running a fraud check. It proposes using a skewed password system where users select click points on a sequence of images and corresponding sound signatures to increase security. The system architecture includes modules for web merchant design, fraud detection, and skewed password implementation. It was created to address the growing risk of online credit card fraud and provide a more secure payment solution.
Credit card fraud detection methods using Data-mining.pptx (2)k.surya kumar
This document discusses advanced credit card fraud detection techniques. It outlines that millions of dollars are lost annually to credit card fraud. It then describes different types of fraud like counterfeit cards, lost/stolen cards, and identity theft. It presents several data mining techniques used for fraud detection, including hidden Markov models, decision trees, k-nearest neighbor algorithm, and logistic regression. Specifically, it notes that hidden Markov models use automatic techniques to take action at precise times, decision trees separate complex problems, and k-nearest neighbor and support vector machines are used for easy detection and kernel representation/margin optimization respectively. The document concludes that logistic regression can minimize fraud rates and is easy to implement.
Credit card fraud detection using machine learning Algorithmsankit panigrahy
This document discusses credit card fraud detection using machine learning techniques. It compares the performance of naïve bayes, k-nearest neighbor, and logistic regression classifiers on a credit card transactions dataset. The dataset contains over 284,000 transactions with 0.172% fraudulent cases, making the data highly imbalanced. Different resampling techniques are used to address this imbalance. The performance of the classifiers is evaluated based on various metrics like accuracy, sensitivity, specificity, and F1 score. The results show that kNN performs best for most metrics except accuracy on a specific class distribution, while naïve bayes and logistic regression also achieve good performance.
Credit card fraud detection using python machine learningSandeep Garg
COMPANY_NAME provides data-driven business transformation services using advanced analytics and artificial intelligence. It helps businesses contextualize data, generate insights from complex problems, and make data-driven decisions. The document then discusses using machine learning for credit card fraud detection. It explains supervised learning as inferring a function from labeled training and test data to map inputs to outputs with minimal error. Screenshots are provided of exploring and preprocessing a credit card transaction dataset for outlier detection, correlation, and preparing the data for machine learning models.
The document discusses credit card fraud detection. It defines credit card fraud as unauthorized purchases made using someone's credit card or account. Credit card fraud detection models past credit card transactions to identify fraudulent versus legitimate transactions. The model's performance is evaluated based on metrics like true positives, false positives, accuracy, sensitivity, specificity, and precision. The dataset used contains over 284,000 credit card transactions, with variables like amount and time, and a class variable indicating legitimate or fraudulent transactions. An XGBoost model is used for fraud prediction in the user interface. XGBoost is an optimized gradient boosting algorithm that converts weak learners into strong learners through sequential iterations to improve predictions.
Improving Credit Card Fraud Detection: Using Machine Learning to Profile and ...Melissa Moody
Researchers Navin Kasa, Andrew Dahbura, and Charishma Ravoori undertook a capstone project—part of the UVA Data Science Institute Master of Science in Data Science program—that addresses credit card fraud detection through a semi-supervised approach, in which clusters of account profiles are created and used for modeling classifiers.
Suraj Patro and M. Binayak Kumar Reddy presented their B.Tech major project on credit card fraud detection. They aimed to build an ensemble classifier using machine learning algorithms like decision trees, logistic regression, neural networks and gradient boosting to detect fraudulent transactions. They discussed challenges in fraud detection, implemented the project in Python using various libraries, and evaluated the performance using metrics like precision, recall and F1 score. The outcome would be an ensemble classifier model for credit card fraud detection.
Detecting fraud with Python and machine learningwgyn
- Machine learning models are used to detect fraud by estimating the probability of fraud given transaction features.
- Building and updating fraud detection models involves significant work in feature engineering, model training, evaluation, and monitoring in production.
- Debugging a model that was performing poorly revealed an important predictive feature - whether a customer's email address was provided - that improved the model once incorporated.
Billions of dollars of loss are caused every year by fraudulent credit card transactions. The design of efficient fraud detection algorithms is key for reducing these losses, and more and more algorithms rely on advanced machine learning techniques to assist fraud investigators. The design of fraud detection algorithms is however particularly challenging due to the non-stationary distribution of the data, the highly unbalanced classes distributions and the availability of few transactions labeled by fraud investigators. At the same time public data are scarcely available for confidentiality issues, leaving unanswered many questions about what is the best strategy. In this thesis we aim to provide some answers by focusing on crucial issues such as: i) why and how under sampling is useful in the presence of class imbalance (i.e. frauds are a small percentage of the transactions), ii) how to deal with unbalanced and evolving data streams (non-stationarity due to fraud evolution and change of spending behavior), iii) how to assess performances in a way which is relevant for detection and iv) how to use feedbacks provided by investigators on the fraud alerts generated. Finally, we design and assess a prototype of a Fraud Detection System able to meet real-world working conditions and that is able to integrate investigators’ feedback to generate accurate alerts.
This document discusses using machine learning for fraud detection. It outlines how machine learning can provide a scalable, adaptable solution to identify fraud. The machine learning pipeline involves gathering data from user accounts, selecting a model like CatBoost that handles categorical data well, training and evaluating the model, and deploying the trained model to classify new users as fraudulent or not. The goal is to balance avoiding false positives and false negatives when identifying fraud.
This document analyzes various methods for credit card fraud detection. It discusses techniques like Dempster-Shafer theory, BLAST-SSAHA hybridization, hidden Markov models, evolutionary-fuzzy systems, and using Bayesian and neural networks. The document also compares the different fraud detection systems based on parameters like accuracy, method, true positive rate, false positive rate, and training data needed. In conclusion, the document states that efficient fraud detection is required, and techniques like fuzzy Darwinian systems and neural networks show good accuracy, while hidden Markov models have a low fraud detection rate.
A Survey of Online Credit Card Fraud Detection using Data Mining TechniquesIJSRD
Nowadays the use of credit card has increased, because the amount of online transaction is growing. With the day to day use of credit card for payment online as well as regular purchase, case of fraud associated with it is also rising. To reduce the huge financial loss caused by frauds, a number of modern techniques have been developed for fraud detection which is based on data mining, neural network, genetic algorithm etc. Here a survey of techniques for online credit card fraud detection using Hidden Markov Model, Genetic Algorithm and Hybrid Model, and comparison between them has been shown.
A Study on Credit Card Fraud Detection using Machine Learningijtsrd
Due to the high level of growth in each number of transactions done using credit card has led to high rise in fraudulent activities. Fraud is one of the major issues related to credit card business, since each individual do more of offline or online purchase of product via internet there is need to developed a secured approach of detecting if the credit card been used is a fraudulent transaction or not. Pattern involves in the fraud detection has to be re analyze to change from reactive approach to a proactive approach. In this paper, our objectives are to detect at least 95 of fraudulent activities using machine learning to deployed anomaly detection system such as logistic regression, k nearest neighbor and support vector machine algorithm. Ajayi Kemi Patience | Dr. Lakshmi J. V. N "A Study on Credit Card Fraud Detection using Machine Learning" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-3 , April 2020, URL: https://www.ijtsrd.com/papers/ijtsrd30688.pdf Paper Url :https://www.ijtsrd.com/computer-science/other/30688/a-study-on-credit-card-fraud-detection-using-machine-learning/ajayi-kemi-patience
AlgoCharge offers a web-based fraud management system that assists in credit card fraud detection & prevention with Geo-based filters. The system provides various levels of fraud protection to enhance acceptance rate & reduce the risk of charge-backs.
Credit Card Fraud Detection Using Unsupervised Machine Learning AlgorithmsHariteja Bodepudi
This document summarizes a research paper that uses unsupervised machine learning algorithms to detect credit card fraud. It describes how credit card fraud has increased with the rise of online shopping and payments. Unsupervised algorithms are well-suited for this task since labeled fraud data can be difficult to obtain. The paper tests Isolation Forest, Local Outlier Factor, and One Class SVM on a credit card transaction dataset to find anomalies (fraudulent transactions). Isolation Forest achieved the highest accuracy at 99.74%, slightly outperforming Local Outlier Factor, while One Class SVM had much lower accuracy. The paper concludes unsupervised algorithms are effective for anomaly detection tasks like credit card fraud detection.
Machine Learning (ML) for Fraud Detection.
- fraud is a big problem (big data, big cost)
- ML on bigger data produces better results
- Industry standard today (for detecting fraud)
- How to improve fraud detection!
Credit card fraud detection through machine learningdataalcott
This document discusses using machine learning algorithms for credit card fraud detection. It proposes using principal component analysis for feature selection followed by logistic regression and decision tree models. It finds that logistic regression has higher accuracy at 79.91% compared to 71.41% for decision tree. The proposed approach aims to better handle imbalanced data and reduce fraudulent transactions. Future work could implement the approach in Python and produce experimental results.
Credit card fraud is a type of theft where a credit card or payment information is used without authorization to obtain money or goods. Common types of credit card fraud include counterfeiting cards, using lost or stolen cards, providing card details without the physical card, and identity theft. An estimated Rs 8.2 crore is lost annually in India to credit card fraud. Victims have included ordinary citizens as well as prominent individuals. Fraud can be committed by cloning cards using scanning devices or stealing card information through unsecure online transactions. Consumers should protect themselves by being vigilant with their cards and payment details.
This document discusses anomaly and fraud detection using machine learning. It outlines different applications of anomaly detection such as cybersecurity and fraud detection. It compares supervised versus unsupervised learning approaches for financial sector applications. Specific algorithms discussed for unsupervised anomaly detection include isolation forest, DBSCAN, HDBSCAN, local outlier factor, and Gaussian mixture models.
Adaptive Machine Learning for Credit Card Fraud DetectionAndrea Dal Pozzolo
This document discusses machine learning techniques for credit card fraud detection. It addresses challenges like concept drift, imbalanced data, and limited supervised data. The author proposes contributions in learning from imbalanced and evolving data streams, a prototype fraud detection system using all supervised information, and a software package/dataset. Methods discussed include resampling techniques, concept drift handling, and a "racing" algorithm to efficiently select the best strategy for unbalanced classification on a given dataset. Evaluation measures the ability to accurately rank transactions by fraud risk.
Credit card fraud is a growing problem that affects card holders around the world. Fraud detection has been an interesting topic in machine learning. Nevertheless, current state of the art credit card fraud detection algorithms miss to include the real costs of credit card fraud as a measure to evaluate algorithms. In this paper a new comparison measure that realistically represents the monetary gains and losses due to fraud detection is proposed. Moreover, using the proposed cost measure a cost sensitive method based on Bayes minimum risk is presented. This method is compared with state of the art algorithms and shows improvements up to 23% measured by cost. The results of this paper are based on real life transactional data provided by a large European card processing company.
This document discusses machine learning approaches for fraud detection. It compares expert-driven and data-driven fraud detection, noting pros and cons of each. Random forest is identified as often the most accurate machine learning algorithm for fraud detection. The document recommends using the open-source R software for machine learning and fraud detection tasks.
According to the Nilson report, the global Credit card and debit card fraud resulted in losses amounting to $24.71 billion in 2016 and 72% were bored by the Card issuers. Therefore, the card issue companies are eager to predict the fraud in real time and in advance to reduce their loss and protect their revenue. The goal of the project is to provide fraud analytics for credit card issue companies to predict fraud in real-time and in advance. By building a supervised fraud prediction model, we are aiming to capture the maximum number of real frauds while limiting the occurrence of mis-flagged frauds, in order to achieve a win-win situation both maximize our ROI and achieve customer satisfaction.
Lee Clark is an experienced sales professional with over 15 years in the IT industry. He has a proven track record of exceeding sales targets at companies such as Veritas and Symantec. Some of his accomplishments include being named Channel Manager of the Year for EMEA and growing the Nordics territory from $4M to $12M in sales. Currently, he is seeking a new sales role where he can continue leveraging his strong relationship building, account management, and business development skills.
The document discusses credit card fraud detection. It defines credit card fraud as unauthorized purchases made using someone's credit card or account. Credit card fraud detection models past credit card transactions to identify fraudulent versus legitimate transactions. The model's performance is evaluated based on metrics like true positives, false positives, accuracy, sensitivity, specificity, and precision. The dataset used contains over 284,000 credit card transactions, with variables like amount and time, and a class variable indicating legitimate or fraudulent transactions. An XGBoost model is used for fraud prediction in the user interface. XGBoost is an optimized gradient boosting algorithm that converts weak learners into strong learners through sequential iterations to improve predictions.
Improving Credit Card Fraud Detection: Using Machine Learning to Profile and ...Melissa Moody
Researchers Navin Kasa, Andrew Dahbura, and Charishma Ravoori undertook a capstone project—part of the UVA Data Science Institute Master of Science in Data Science program—that addresses credit card fraud detection through a semi-supervised approach, in which clusters of account profiles are created and used for modeling classifiers.
Suraj Patro and M. Binayak Kumar Reddy presented their B.Tech major project on credit card fraud detection. They aimed to build an ensemble classifier using machine learning algorithms like decision trees, logistic regression, neural networks and gradient boosting to detect fraudulent transactions. They discussed challenges in fraud detection, implemented the project in Python using various libraries, and evaluated the performance using metrics like precision, recall and F1 score. The outcome would be an ensemble classifier model for credit card fraud detection.
Detecting fraud with Python and machine learningwgyn
- Machine learning models are used to detect fraud by estimating the probability of fraud given transaction features.
- Building and updating fraud detection models involves significant work in feature engineering, model training, evaluation, and monitoring in production.
- Debugging a model that was performing poorly revealed an important predictive feature - whether a customer's email address was provided - that improved the model once incorporated.
Billions of dollars of loss are caused every year by fraudulent credit card transactions. The design of efficient fraud detection algorithms is key for reducing these losses, and more and more algorithms rely on advanced machine learning techniques to assist fraud investigators. The design of fraud detection algorithms is however particularly challenging due to the non-stationary distribution of the data, the highly unbalanced classes distributions and the availability of few transactions labeled by fraud investigators. At the same time public data are scarcely available for confidentiality issues, leaving unanswered many questions about what is the best strategy. In this thesis we aim to provide some answers by focusing on crucial issues such as: i) why and how under sampling is useful in the presence of class imbalance (i.e. frauds are a small percentage of the transactions), ii) how to deal with unbalanced and evolving data streams (non-stationarity due to fraud evolution and change of spending behavior), iii) how to assess performances in a way which is relevant for detection and iv) how to use feedbacks provided by investigators on the fraud alerts generated. Finally, we design and assess a prototype of a Fraud Detection System able to meet real-world working conditions and that is able to integrate investigators’ feedback to generate accurate alerts.
This document discusses using machine learning for fraud detection. It outlines how machine learning can provide a scalable, adaptable solution to identify fraud. The machine learning pipeline involves gathering data from user accounts, selecting a model like CatBoost that handles categorical data well, training and evaluating the model, and deploying the trained model to classify new users as fraudulent or not. The goal is to balance avoiding false positives and false negatives when identifying fraud.
This document analyzes various methods for credit card fraud detection. It discusses techniques like Dempster-Shafer theory, BLAST-SSAHA hybridization, hidden Markov models, evolutionary-fuzzy systems, and using Bayesian and neural networks. The document also compares the different fraud detection systems based on parameters like accuracy, method, true positive rate, false positive rate, and training data needed. In conclusion, the document states that efficient fraud detection is required, and techniques like fuzzy Darwinian systems and neural networks show good accuracy, while hidden Markov models have a low fraud detection rate.
A Survey of Online Credit Card Fraud Detection using Data Mining TechniquesIJSRD
Nowadays the use of credit card has increased, because the amount of online transaction is growing. With the day to day use of credit card for payment online as well as regular purchase, case of fraud associated with it is also rising. To reduce the huge financial loss caused by frauds, a number of modern techniques have been developed for fraud detection which is based on data mining, neural network, genetic algorithm etc. Here a survey of techniques for online credit card fraud detection using Hidden Markov Model, Genetic Algorithm and Hybrid Model, and comparison between them has been shown.
A Study on Credit Card Fraud Detection using Machine Learningijtsrd
Due to the high level of growth in each number of transactions done using credit card has led to high rise in fraudulent activities. Fraud is one of the major issues related to credit card business, since each individual do more of offline or online purchase of product via internet there is need to developed a secured approach of detecting if the credit card been used is a fraudulent transaction or not. Pattern involves in the fraud detection has to be re analyze to change from reactive approach to a proactive approach. In this paper, our objectives are to detect at least 95 of fraudulent activities using machine learning to deployed anomaly detection system such as logistic regression, k nearest neighbor and support vector machine algorithm. Ajayi Kemi Patience | Dr. Lakshmi J. V. N "A Study on Credit Card Fraud Detection using Machine Learning" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-3 , April 2020, URL: https://www.ijtsrd.com/papers/ijtsrd30688.pdf Paper Url :https://www.ijtsrd.com/computer-science/other/30688/a-study-on-credit-card-fraud-detection-using-machine-learning/ajayi-kemi-patience
AlgoCharge offers a web-based fraud management system that assists in credit card fraud detection & prevention with Geo-based filters. The system provides various levels of fraud protection to enhance acceptance rate & reduce the risk of charge-backs.
Credit Card Fraud Detection Using Unsupervised Machine Learning AlgorithmsHariteja Bodepudi
This document summarizes a research paper that uses unsupervised machine learning algorithms to detect credit card fraud. It describes how credit card fraud has increased with the rise of online shopping and payments. Unsupervised algorithms are well-suited for this task since labeled fraud data can be difficult to obtain. The paper tests Isolation Forest, Local Outlier Factor, and One Class SVM on a credit card transaction dataset to find anomalies (fraudulent transactions). Isolation Forest achieved the highest accuracy at 99.74%, slightly outperforming Local Outlier Factor, while One Class SVM had much lower accuracy. The paper concludes unsupervised algorithms are effective for anomaly detection tasks like credit card fraud detection.
Machine Learning (ML) for Fraud Detection.
- fraud is a big problem (big data, big cost)
- ML on bigger data produces better results
- Industry standard today (for detecting fraud)
- How to improve fraud detection!
Credit card fraud detection through machine learningdataalcott
This document discusses using machine learning algorithms for credit card fraud detection. It proposes using principal component analysis for feature selection followed by logistic regression and decision tree models. It finds that logistic regression has higher accuracy at 79.91% compared to 71.41% for decision tree. The proposed approach aims to better handle imbalanced data and reduce fraudulent transactions. Future work could implement the approach in Python and produce experimental results.
Credit card fraud is a type of theft where a credit card or payment information is used without authorization to obtain money or goods. Common types of credit card fraud include counterfeiting cards, using lost or stolen cards, providing card details without the physical card, and identity theft. An estimated Rs 8.2 crore is lost annually in India to credit card fraud. Victims have included ordinary citizens as well as prominent individuals. Fraud can be committed by cloning cards using scanning devices or stealing card information through unsecure online transactions. Consumers should protect themselves by being vigilant with their cards and payment details.
This document discusses anomaly and fraud detection using machine learning. It outlines different applications of anomaly detection such as cybersecurity and fraud detection. It compares supervised versus unsupervised learning approaches for financial sector applications. Specific algorithms discussed for unsupervised anomaly detection include isolation forest, DBSCAN, HDBSCAN, local outlier factor, and Gaussian mixture models.
Adaptive Machine Learning for Credit Card Fraud DetectionAndrea Dal Pozzolo
This document discusses machine learning techniques for credit card fraud detection. It addresses challenges like concept drift, imbalanced data, and limited supervised data. The author proposes contributions in learning from imbalanced and evolving data streams, a prototype fraud detection system using all supervised information, and a software package/dataset. Methods discussed include resampling techniques, concept drift handling, and a "racing" algorithm to efficiently select the best strategy for unbalanced classification on a given dataset. Evaluation measures the ability to accurately rank transactions by fraud risk.
Credit card fraud is a growing problem that affects card holders around the world. Fraud detection has been an interesting topic in machine learning. Nevertheless, current state of the art credit card fraud detection algorithms miss to include the real costs of credit card fraud as a measure to evaluate algorithms. In this paper a new comparison measure that realistically represents the monetary gains and losses due to fraud detection is proposed. Moreover, using the proposed cost measure a cost sensitive method based on Bayes minimum risk is presented. This method is compared with state of the art algorithms and shows improvements up to 23% measured by cost. The results of this paper are based on real life transactional data provided by a large European card processing company.
This document discusses machine learning approaches for fraud detection. It compares expert-driven and data-driven fraud detection, noting pros and cons of each. Random forest is identified as often the most accurate machine learning algorithm for fraud detection. The document recommends using the open-source R software for machine learning and fraud detection tasks.
According to the Nilson report, the global Credit card and debit card fraud resulted in losses amounting to $24.71 billion in 2016 and 72% were bored by the Card issuers. Therefore, the card issue companies are eager to predict the fraud in real time and in advance to reduce their loss and protect their revenue. The goal of the project is to provide fraud analytics for credit card issue companies to predict fraud in real-time and in advance. By building a supervised fraud prediction model, we are aiming to capture the maximum number of real frauds while limiting the occurrence of mis-flagged frauds, in order to achieve a win-win situation both maximize our ROI and achieve customer satisfaction.
Lee Clark is an experienced sales professional with over 15 years in the IT industry. He has a proven track record of exceeding sales targets at companies such as Veritas and Symantec. Some of his accomplishments include being named Channel Manager of the Year for EMEA and growing the Nordics territory from $4M to $12M in sales. Currently, he is seeking a new sales role where he can continue leveraging his strong relationship building, account management, and business development skills.
O documento descreve as sardinhadas realizadas entre 2009 e 2015 pelo autor Jorge Martins e sua organização Cerberus. São listados os anos de 2009, 2010, 2012, 2013, 2014 e 2015, sugerindo que eventos anuais de sardinhada foram realizados nesses anos.
Presentation from one of the remarkable IT Security events in the Baltic States organized by “Data Security Solutions” (www.dss.lv ) Event took place in Riga, on 7th of November, 2013 and was visited by more than 400 participants at event place and more than 300 via online live streaming.
Crave InfoTech is an Independent Software Solutions Vendor that has been providing SAP solutions and services since 2007. It has developed an Integrated Hospital Management Solution (IHMS) mobile app that automates and integrates key hospital processes from patient registration to billing. IHMS supports over 30 specialized services and includes features such as electronic medical records, diet management, ambulance tracking, and revenue cycle management to improve patient care and optimize costs and processes. Crave has offices in the US, India, and globally to serve clients across various sectors.
The document describes methods to separate and sequence isomeric oligonucleotide adducts using ion-pair reversed-phase liquid chromatography electrospray ionization tandem mass spectrometry (IP-RP-LC-ESI-MS/MS). A model 17-mer oligonucleotide adducted with N-acetoxy-2-acetylaminoflourene was used. Various ion pairing reagents and mobile phase conditions were evaluated to optimize the separation and structural identification of the adducted oligonucleotide isomers by MS/MS. The methodology aims to develop an analytical platform for characterizing DNA adducts to enable cancer risk assessment.
This document summarizes a presentation given at the IAU Sao Paulo Conference in 2004 on the diversity of higher education in Europe. It discusses the limits of available information in accurately mapping the diversity between and within higher education systems. While there are formal differences between countries in terms of institution types, degree levels, and program lengths, there are also informal differences in reputation, quality, and curricular profiles that are more difficult to capture. The Bologna Process aims to increase transparency and mobility through more convergent structures, but preserving diversity may conflict with these goals. Ultimately, an authoritative map is unlikely due to disagreement on evaluation criteria and institutions' interest in some ambiguity.
The document outlines a study plan and timeline for passing the CIH exam while maintaining a busy schedule. It recommends taking a prep class in September and dedicating 1-2 hours daily to studying from September through February, increasing to 1-2 hours on weekdays and 4+ hours on weekends in March. The plan suggests clearing the mind from work and using micro study periods, theme weeks, and macro study periods to maximize learning. It also provides tips for the day before and the exam day itself.
El documento describe las especificaciones y capacidades del terminal satelital JabaSat Explorer 710. Ofrece hasta 650 kbps de ancho de banda para transmisión en vivo de video. Es pequeño, portátil y robusto, ideal para periodistas en el campo. Incluye WiFi, Ethernet, USB y más interfaces para múltiples usuarios de forma simultánea.
This document provides an overview of the Linux development environment and its components. It discusses how Linux benefits programmers through open source collaboration and access to code. Embedded systems are highlighted as a major application area for Linux due to its customizability and low memory usage. The key components of a Linux development platform are outlined, including editors, compilers, linkers, debuggers, version control systems, and documentation tools.
1) The document summarizes key concepts from Lecture 13 of an electronics course, including the cascode amplifier configuration, frequency response, Miller's theorem, and the small-signal model of a CE amplifier stage.
2) Miller's theorem allows a floating capacitance in an amplifier to be modeled as two grounded capacitances, with the input capacitance increased by the square of the voltage gain. This models the effect of feedback in increasing the input impedance seen by a capacitance.
3) Applying Miller's theorem and developing the small-signal model, the CE amplifier stage has poles at the input and output related to various resistances and capacitances, with the output pole frequency higher than the input
KDE and GNOME are the two major Linux desktop environments. KDE was developed in 1996 and provides integrated applications, tools for file/window management, and drag-and-drop functionality. GNOME is the default environment for many Linux distributions like Fedora and Ubuntu. It includes components like the Metacity window manager, Nautilus file manager, and panels for launching applications. Common open source office applications include OpenOffice.org/LibreOffice with Writer, Calc, Impress, Draw and Math as well as alternative suites like KOffice.
This document summarizes debit and credit card fraud, including its history, how it works, and how to protect yourself. It notes that fraud has been an issue since criminals realized it was easier than robbery. Fraudsters gain card information using skimmers, readers, hacking, and spam. They create fake cards and make online or in-person purchases. Debit fraud requires obtaining the PIN, often using hidden cameras. The methods and tools used can be easily purchased online. While banks invest in prevention, fraud remains profitable with low punishment. The document stresses being careful with card use and accounts to avoid becoming a victim.
This document provides an overview of organized cybercrime, discussing the various players and weapons involved. The players section outlines groups like former Soviet military, Russian mafia, professional hackers, spammers, and basic cybercrime organizations. The Russian mafia is particularly notable, operating divisions for cybercrime and compelling hackers to work for them. Professional hackers are often highly paid to develop exploits and malware. Spammers earn millions annually selling direct mail services. The weapons section briefly mentions botnets, phishing, and common internet attack tools used by organized cybercriminal groups.
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We are ready to help your business with reliability and security in the customer verification process. Feel free to ask questions and contact us for further information. Welcome to the world of secure electronic identification with TrustIDnow!
The document discusses online retail payment fraud and risk management. It notes that online credit card fraud costs the industry $8.53 billion annually, with 4% of revenue lost to fraud. Common fraud prevention tools like CVC numbers and IP addresses can be inaccurate or easily spoofed. The document recommends preventive measures for merchants like velocity checks, positive and negative customer lists, and new technologies for device identification to help stop fraud and reduce chargebacks. It promotes a risk management solution that uses device identification, rules, and customizable reports to help identify fraudulent transactions.
Excellent Presentation done by Chris West, CDGcommerce owner. In this presentation Chris will educate you on how to better protect your business against fraudulent transactions using AVS scrubbing, VbV/MSC, among several others tools provided by CDGcommerce.
www.cdgcommerce.com
PayEasy is a global provider of electronic payment solutions. It aims to be the leading payment services company in regions like the Middle East, Asia, and North America. PayEasy offers credit card acquiring, payment processing, and risk management and fraud prevention solutions. It has operations across multiple regions and works with banks, merchants, and payment processors to provide secure and reliable payment services.
PayEasy is a global provider of electronic payment solutions. It aims to be the leading payment services company in regions like the Middle East, Asia, and North America. PayEasy offers credit card acquiring, payment processing, and risk management and fraud prevention solutions. It has operations across multiple regions and works with banks, merchants, and payment processors to provide secure and reliable payment services.
[cb22] Understanding the Chinese underground card shop ecosystem and becoming...CODE BLUE
Personal Identifiable Information (PII) leaks have become more frequent in recent years, and losses from credit card fraud in 2021 have set records respectively in Taiwan and Japan. Where did this information get leaked and sold in the first place?
The term "Dark web" refers to websites inaccessible without the use of Tor protocol, and given added privacy and anonymity while using Tor, and marketplaces in it are proven to be very attractive to criminals.
An anonymous researcher will share experiences of dealing with vendors from card shops on marketplaces among dark web, focused on insights of shops selling Taiwanese and Japanese PIIs, and therefore, TTPs of hackers from these card shops.
We hope to inspire audiences to rethink how to reduce credit card frauds.
Ultimate Guide on Card Not Present (CNP) Fraud.pptxFTx Identity
Protect your business and customers from CNP fraud with this comprehensive guide, and learn the types, techniques, and prevention methods to protect your customers' data.
Liberty Data provides identity verification and risk management services using over 10 terabytes of public and private records. They help clients comply with Know Your Customer and Customer Identification Program regulations which require validating personal details like social security numbers. Their platform integrates verification technologies and allows customizing solutions. It checks names against various lists and databases and flags any anomalies for human review to detect fraud while processing identity verification.
Introducing: Powered by Avant and AvantVerify Kevin Lewis
Powered by Avant has quickly become the leading end to end technology provider for banks and FIs. We are now launching AvantVerify, our first stand-alone, multi-product fraud tool. Excited for some big partner announcements in the coming months...
apidays LIVE JAKARTA - Deliver A Dynamic & Secured Buying Experience by Shara...apidays
apidays LIVE JAKARTA - Connecting the Digital Stack
Deliver A Dynamic & Secured Buying Experience
Shara Karasic, Product Manager & Snehashis Khan, Head of Data Partnerships, APAC & ME at TeleSign
Welcome to TrustIDnow's innovative solution for online gambling. As a trusted partner in customer identification and verification, we help online gambling businesses avoid risks and protect their profits.
The document discusses international risk and fraud management by Moneybookers. It provides an overview of Moneybookers, including its founding, ownership, employees, and services. It then discusses risks and common types of fraud in global online payments, including criminal fraud and "friendly" fraud. Finally, it outlines Moneybookers' fraud protection system, which uses automated and manual screening as well as a chargeback process to help merchants avoid fraudulent transactions and chargebacks.
Know Your Fraudster: Leveraging everything you've got to prepare for post-EMV...Forter
EMV is nearly here - which is great news for card present fraud. Not such great news for online retailers, who will be facing more fraud from more fraudsters, as theft attempts move online.
How do you prepare your company for this threat? Make sure you're checking off these 5 crucial steps.
The document outlines various topics related to online monetary transactions, including credit card transactions, digital currency, e-wallets, alternate payment options, smart cards, micropayments, business-to-business transactions, e-billing, and developing payment standards. It discusses technologies like CyberCash and Millicent that enable online credit card processing, as well as digital currencies, e-wallets, and peer-to-peer payment services. It also covers payment solutions for B2B transactions and standards for electronic bill presentment and payment.
This document outlines steps to test payment gateway functionality, including:
1. Gathering test credit card numbers and sandbox accounts for testing.
2. Understanding integration between payment gateway and application and testing parameters passed between them.
3. Checking successful retrieval of payment data by the application and error handling.
4. Verifying database entries for transactions, amounts, and errors.
5. Ensuring security measures are in place for transactions.
Safety4you brings personalized cyber protections for individuals and businesses. Scan the QR code and message your needs for Pre & Post verification and investigation services
EMV is a standard for smart payment cards and terminals. EMV stands for – EuroPay, MasterCard and Visa, the three companies who were the founder of the standard. This standard is maintained by EMVCo – a consortium with payment brands like Visa, MasterCard, JCB, American Express, China UnionPay, Discover as members.
This document provides an overview of a digital payment platform, outlining its key features and use cases. The platform allows users to easily sign up and verify their identity, send and request money via clicks or QR codes, pay bills through one interface, analyze transaction history, and upgrade their account security level. It offers a customizable interface, open banking integrations, multi-factor authentication, multi-currency support, private blockchain transactions, NFC/QR payments, P2P transfers, and credit card integrations. The platform can be used for mobile remittances, banking applications, loans, payroll, ecommerce payments, cryptocurrency trading, and personal finance tools.
This document provides an overview of a digital payment platform, outlining its key features and use cases. The platform allows users to easily sign up and verify their identity, send and request money via clicks or QR codes, pay bills through one interface, analyze transaction history, and upgrade their account security level. It offers a customizable interface, open banking integrations, multi-factor authentication, multi-currency support, private blockchain transactions, NFC/QR payments, P2P transfers, and credit card integrations. The platform can be used for mobile remittances, banking, loans, payroll, ecommerce payments, cryptocurrency trading, and personal finance tools.
192business is a leading provider of customer ID check technology that helps prevent fraud for online transactions. It verifies customer details like name, address, date of birth from various sources to check if the customer is real and not engaged in fraudulent activities. 192business works by first checking if the customer's address exists, then if the customer exists at that address, then searches for any fraud or money laundering risks before determining if a transaction is safe and verified.
Best 20 SEO Techniques To Improve Website Visibility In SERPPixlogix Infotech
Boost your website's visibility with proven SEO techniques! Our latest blog dives into essential strategies to enhance your online presence, increase traffic, and rank higher on search engines. From keyword optimization to quality content creation, learn how to make your site stand out in the crowded digital landscape. Discover actionable tips and expert insights to elevate your SEO game.
HCL Notes and Domino License Cost Reduction in the World of DLAUpanagenda
Webinar Recording: https://www.panagenda.com/webinars/hcl-notes-and-domino-license-cost-reduction-in-the-world-of-dlau/
The introduction of DLAU and the CCB & CCX licensing model caused quite a stir in the HCL community. As a Notes and Domino customer, you may have faced challenges with unexpected user counts and license costs. You probably have questions on how this new licensing approach works and how to benefit from it. Most importantly, you likely have budget constraints and want to save money where possible. Don’t worry, we can help with all of this!
We’ll show you how to fix common misconfigurations that cause higher-than-expected user counts, and how to identify accounts which you can deactivate to save money. There are also frequent patterns that can cause unnecessary cost, like using a person document instead of a mail-in for shared mailboxes. We’ll provide examples and solutions for those as well. And naturally we’ll explain the new licensing model.
Join HCL Ambassador Marc Thomas in this webinar with a special guest appearance from Franz Walder. It will give you the tools and know-how to stay on top of what is going on with Domino licensing. You will be able lower your cost through an optimized configuration and keep it low going forward.
These topics will be covered
- Reducing license cost by finding and fixing misconfigurations and superfluous accounts
- How do CCB and CCX licenses really work?
- Understanding the DLAU tool and how to best utilize it
- Tips for common problem areas, like team mailboxes, functional/test users, etc
- Practical examples and best practices to implement right away
Salesforce Integration for Bonterra Impact Management (fka Social Solutions A...Jeffrey Haguewood
Sidekick Solutions uses Bonterra Impact Management (fka Social Solutions Apricot) and automation solutions to integrate data for business workflows.
We believe integration and automation are essential to user experience and the promise of efficient work through technology. Automation is the critical ingredient to realizing that full vision. We develop integration products and services for Bonterra Case Management software to support the deployment of automations for a variety of use cases.
This video focuses on integration of Salesforce with Bonterra Impact Management.
Interested in deploying an integration with Salesforce for Bonterra Impact Management? Contact us at sales@sidekicksolutionsllc.com to discuss next steps.
Project Management Semester Long Project - Acuityjpupo2018
Acuity is an innovative learning app designed to transform the way you engage with knowledge. Powered by AI technology, Acuity takes complex topics and distills them into concise, interactive summaries that are easy to read & understand. Whether you're exploring the depths of quantum mechanics or seeking insight into historical events, Acuity provides the key information you need without the burden of lengthy texts.
5th LF Energy Power Grid Model Meet-up SlidesDanBrown980551
5th Power Grid Model Meet-up
It is with great pleasure that we extend to you an invitation to the 5th Power Grid Model Meet-up, scheduled for 6th June 2024. This event will adopt a hybrid format, allowing participants to join us either through an online Mircosoft Teams session or in person at TU/e located at Den Dolech 2, Eindhoven, Netherlands. The meet-up will be hosted by Eindhoven University of Technology (TU/e), a research university specializing in engineering science & technology.
Power Grid Model
The global energy transition is placing new and unprecedented demands on Distribution System Operators (DSOs). Alongside upgrades to grid capacity, processes such as digitization, capacity optimization, and congestion management are becoming vital for delivering reliable services.
Power Grid Model is an open source project from Linux Foundation Energy and provides a calculation engine that is increasingly essential for DSOs. It offers a standards-based foundation enabling real-time power systems analysis, simulations of electrical power grids, and sophisticated what-if analysis. In addition, it enables in-depth studies and analysis of the electrical power grid’s behavior and performance. This comprehensive model incorporates essential factors such as power generation capacity, electrical losses, voltage levels, power flows, and system stability.
Power Grid Model is currently being applied in a wide variety of use cases, including grid planning, expansion, reliability, and congestion studies. It can also help in analyzing the impact of renewable energy integration, assessing the effects of disturbances or faults, and developing strategies for grid control and optimization.
What to expect
For the upcoming meetup we are organizing, we have an exciting lineup of activities planned:
-Insightful presentations covering two practical applications of the Power Grid Model.
-An update on the latest advancements in Power Grid -Model technology during the first and second quarters of 2024.
-An interactive brainstorming session to discuss and propose new feature requests.
-An opportunity to connect with fellow Power Grid Model enthusiasts and users.
TrustArc Webinar - 2024 Global Privacy SurveyTrustArc
How does your privacy program stack up against your peers? What challenges are privacy teams tackling and prioritizing in 2024?
In the fifth annual Global Privacy Benchmarks Survey, we asked over 1,800 global privacy professionals and business executives to share their perspectives on the current state of privacy inside and outside of their organizations. This year’s report focused on emerging areas of importance for privacy and compliance professionals, including considerations and implications of Artificial Intelligence (AI) technologies, building brand trust, and different approaches for achieving higher privacy competence scores.
See how organizational priorities and strategic approaches to data security and privacy are evolving around the globe.
This webinar will review:
- The top 10 privacy insights from the fifth annual Global Privacy Benchmarks Survey
- The top challenges for privacy leaders, practitioners, and organizations in 2024
- Key themes to consider in developing and maintaining your privacy program
Taking AI to the Next Level in Manufacturing.pdfssuserfac0301
Read Taking AI to the Next Level in Manufacturing to gain insights on AI adoption in the manufacturing industry, such as:
1. How quickly AI is being implemented in manufacturing.
2. Which barriers stand in the way of AI adoption.
3. How data quality and governance form the backbone of AI.
4. Organizational processes and structures that may inhibit effective AI adoption.
6. Ideas and approaches to help build your organization's AI strategy.
For the full video of this presentation, please visit: https://www.edge-ai-vision.com/2024/06/building-and-scaling-ai-applications-with-the-nx-ai-manager-a-presentation-from-network-optix/
Robin van Emden, Senior Director of Data Science at Network Optix, presents the “Building and Scaling AI Applications with the Nx AI Manager,” tutorial at the May 2024 Embedded Vision Summit.
In this presentation, van Emden covers the basics of scaling edge AI solutions using the Nx tool kit. He emphasizes the process of developing AI models and deploying them globally. He also showcases the conversion of AI models and the creation of effective edge AI pipelines, with a focus on pre-processing, model conversion, selecting the appropriate inference engine for the target hardware and post-processing.
van Emden shows how Nx can simplify the developer’s life and facilitate a rapid transition from concept to production-ready applications.He provides valuable insights into developing scalable and efficient edge AI solutions, with a strong focus on practical implementation.
Unlock the Future of Search with MongoDB Atlas_ Vector Search Unleashed.pdfMalak Abu Hammad
Discover how MongoDB Atlas and vector search technology can revolutionize your application's search capabilities. This comprehensive presentation covers:
* What is Vector Search?
* Importance and benefits of vector search
* Practical use cases across various industries
* Step-by-step implementation guide
* Live demos with code snippets
* Enhancing LLM capabilities with vector search
* Best practices and optimization strategies
Perfect for developers, AI enthusiasts, and tech leaders. Learn how to leverage MongoDB Atlas to deliver highly relevant, context-aware search results, transforming your data retrieval process. Stay ahead in tech innovation and maximize the potential of your applications.
#MongoDB #VectorSearch #AI #SemanticSearch #TechInnovation #DataScience #LLM #MachineLearning #SearchTechnology
OpenID AuthZEN Interop Read Out - AuthorizationDavid Brossard
During Identiverse 2024 and EIC 2024, members of the OpenID AuthZEN WG got together and demoed their authorization endpoints conforming to the AuthZEN API
How to Interpret Trends in the Kalyan Rajdhani Mix Chart.pdfChart Kalyan
A Mix Chart displays historical data of numbers in a graphical or tabular form. The Kalyan Rajdhani Mix Chart specifically shows the results of a sequence of numbers over different periods.
HCL Notes und Domino Lizenzkostenreduzierung in der Welt von DLAUpanagenda
Webinar Recording: https://www.panagenda.com/webinars/hcl-notes-und-domino-lizenzkostenreduzierung-in-der-welt-von-dlau/
DLAU und die Lizenzen nach dem CCB- und CCX-Modell sind für viele in der HCL-Community seit letztem Jahr ein heißes Thema. Als Notes- oder Domino-Kunde haben Sie vielleicht mit unerwartet hohen Benutzerzahlen und Lizenzgebühren zu kämpfen. Sie fragen sich vielleicht, wie diese neue Art der Lizenzierung funktioniert und welchen Nutzen sie Ihnen bringt. Vor allem wollen Sie sicherlich Ihr Budget einhalten und Kosten sparen, wo immer möglich. Das verstehen wir und wir möchten Ihnen dabei helfen!
Wir erklären Ihnen, wie Sie häufige Konfigurationsprobleme lösen können, die dazu führen können, dass mehr Benutzer gezählt werden als nötig, und wie Sie überflüssige oder ungenutzte Konten identifizieren und entfernen können, um Geld zu sparen. Es gibt auch einige Ansätze, die zu unnötigen Ausgaben führen können, z. B. wenn ein Personendokument anstelle eines Mail-Ins für geteilte Mailboxen verwendet wird. Wir zeigen Ihnen solche Fälle und deren Lösungen. Und natürlich erklären wir Ihnen das neue Lizenzmodell.
Nehmen Sie an diesem Webinar teil, bei dem HCL-Ambassador Marc Thomas und Gastredner Franz Walder Ihnen diese neue Welt näherbringen. Es vermittelt Ihnen die Tools und das Know-how, um den Überblick zu bewahren. Sie werden in der Lage sein, Ihre Kosten durch eine optimierte Domino-Konfiguration zu reduzieren und auch in Zukunft gering zu halten.
Diese Themen werden behandelt
- Reduzierung der Lizenzkosten durch Auffinden und Beheben von Fehlkonfigurationen und überflüssigen Konten
- Wie funktionieren CCB- und CCX-Lizenzen wirklich?
- Verstehen des DLAU-Tools und wie man es am besten nutzt
- Tipps für häufige Problembereiche, wie z. B. Team-Postfächer, Funktions-/Testbenutzer usw.
- Praxisbeispiele und Best Practices zum sofortigen Umsetzen
Monitoring and Managing Anomaly Detection on OpenShift.pdfTosin Akinosho
Monitoring and Managing Anomaly Detection on OpenShift
Overview
Dive into the world of anomaly detection on edge devices with our comprehensive hands-on tutorial. This SlideShare presentation will guide you through the entire process, from data collection and model training to edge deployment and real-time monitoring. Perfect for those looking to implement robust anomaly detection systems on resource-constrained IoT/edge devices.
Key Topics Covered
1. Introduction to Anomaly Detection
- Understand the fundamentals of anomaly detection and its importance in identifying unusual behavior or failures in systems.
2. Understanding Edge (IoT)
- Learn about edge computing and IoT, and how they enable real-time data processing and decision-making at the source.
3. What is ArgoCD?
- Discover ArgoCD, a declarative, GitOps continuous delivery tool for Kubernetes, and its role in deploying applications on edge devices.
4. Deployment Using ArgoCD for Edge Devices
- Step-by-step guide on deploying anomaly detection models on edge devices using ArgoCD.
5. Introduction to Apache Kafka and S3
- Explore Apache Kafka for real-time data streaming and Amazon S3 for scalable storage solutions.
6. Viewing Kafka Messages in the Data Lake
- Learn how to view and analyze Kafka messages stored in a data lake for better insights.
7. What is Prometheus?
- Get to know Prometheus, an open-source monitoring and alerting toolkit, and its application in monitoring edge devices.
8. Monitoring Application Metrics with Prometheus
- Detailed instructions on setting up Prometheus to monitor the performance and health of your anomaly detection system.
9. What is Camel K?
- Introduction to Camel K, a lightweight integration framework built on Apache Camel, designed for Kubernetes.
10. Configuring Camel K Integrations for Data Pipelines
- Learn how to configure Camel K for seamless data pipeline integrations in your anomaly detection workflow.
11. What is a Jupyter Notebook?
- Overview of Jupyter Notebooks, an open-source web application for creating and sharing documents with live code, equations, visualizations, and narrative text.
12. Jupyter Notebooks with Code Examples
- Hands-on examples and code snippets in Jupyter Notebooks to help you implement and test anomaly detection models.
Monitoring and Managing Anomaly Detection on OpenShift.pdf
How to identify credit card fraud
1. How to Identify Credit
Card Fraud?
THERE ARE SOME COMMON TECHNIQUES TO PINPOINT RED FLAGS OF
CREDIT CARD FRAUDS TO CUT DOWN ALL FRAUDS AND CHARGEBACKS
2. IP Address
Is an anonymous web proxy service
Allows the user to hide their actual IP address but still perform an
order submission
Fraudster will usually order large quantities of items to maximize their
returns
Amount and Quantity
3. Addresses
The shipping address, billing address and IP address locations are all
totally different
A proxy server, mail forwarder and stolen credit card is used to
avoid tracking
Email address is easy to setup, anonymous and temporary
The order can be submitted using a disposable email address
Email Domain
4. Username and Password
user name and password is too simple and generic
Fraudsters usually apply easy-to-remember account information
Credit card information from underground trading forums can be
purchased
Credit Card
5. BIN and Issuing Bank
Fraudsters usually only have partial credit card information except
the issuing bank information.
Other techniques that are not readily apparent when looking at the
order forms such as:
Transaction velocity
Device fingerprints
6. Our service – Fraudlabs Pro
It is free for small businesses
Screens credit card transactions for online frauds
Accepts online transactions data via its open API
After screening engine analyzes transactions parameters and
returns its fraud analysis, merchants can then decide on the next
course of action based
fraud distribution score
custom rules by conditions
7. Fraudlabs Pro Features
Fraud analysis and scoring
IP address geolocation & proxy validation
Email address validation
Credit card issuing bank validation
Transaction velocity validation
Device transaction validation
Blacklist validation
High risk username & password validation
Export controlled country validation
Malware exploit validation
Custom rules trigger
FraudLabs Pro Merchant Network
FraudLabs Pro Merchant Administrative Interface
Email notification of fraud orders
Mobile app notification of fraud orders