Provisional Research on Ensemble Learning Techniques for Card Fraud Detection

2019 International Journal of Engineering and Advanced Technology  
Machine learning have revolutionized fraud detection in various domains like telecommunication and ecommerce. Global statistics shows how billions of dollars are lost because of card frauds every year and millions of people falling the victims. Fraud detection systems used for credit card fraud detection 2 decades ago are still being used because of the trust and stability they have provided for so long. With a number of academic research being done in fraud detection their effect on the
more » ... al industry has been minimum. Even with high prediction accuracy using machine learning approaches like deep learning and stack ensemble most of these research gets directly rejected by the industry. Our research objective is to highlight the reason of rejectection which are mostly ignored by the researchers and there adverse effect on the results
doi:10.35940/ijeat.f1003.0886s19 fatcat:uvlglkbu5fh4hiwn6wpedrzw64