Authors :
Mandar Gangurde Ajeenkya; Nandini Mahapatra Ajeenkya; Preeti Chhabaria Ajeenkya
Volume/Issue :
Volume 7 - 2022, Issue 12 - December
Scribd :
https://bit.ly/3kFX1QR
DOI :
https://doi.org/10.5281/zenodo.7698451
Abstract :
The most common electronic payment
method is a credit card, which is more susceptible to
fraud due to the volume of daily electronic transactions
that are taking place. Card fraud has cost credit card
firms a lot of money. At the moment, the most frequent
problem is the detection of creditcard fraud. Companies
that issue credit cards are searching for the best systems
and technology to reduce and detect credit card fraud.
This study has surveyed, highlighted, and compared a
number of approaches for recognizing credit cardfraud,
weighing each method's benefits and drawbacks.
Keywords :
Credit Card, Fraud Detection, Detection Techniques.
The most common electronic payment
method is a credit card, which is more susceptible to
fraud due to the volume of daily electronic transactions
that are taking place. Card fraud has cost credit card
firms a lot of money. At the moment, the most frequent
problem is the detection of creditcard fraud. Companies
that issue credit cards are searching for the best systems
and technology to reduce and detect credit card fraud.
This study has surveyed, highlighted, and compared a
number of approaches for recognizing credit cardfraud,
weighing each method's benefits and drawbacks.
Keywords :
Credit Card, Fraud Detection, Detection Techniques.