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    ARTICLE

    A Novel Strategy for Mining Highly Imbalanced Data in Credit Card Transactions

    Masoumeh Zareapoor, Jie Yang

    Intelligent Automation & Soft Computing, Vol.24, No.4, pp. 721-727, 2018, DOI:10.1080/10798587.2017.1321228

    Abstract The design of an efficient credit card fraud detection technique is, however, particularly challenging, due to the most striking characteristics which are; imbalancedness and non-stationary environment of the data. These issues in credit card datasets limit the machine learning algorithm to show a good performance in detecting the frauds. The research in the area of credit card fraud detection focused on detection the fraudulent transaction by analysis of normality and abnormality concepts. Balancing strategy which is designed in this paper can facilitate classification and retrieval problems in this domain. In this paper, we consider the More >

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