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  Published Paper Details:

  Paper Title

An Effective One-Class SVM-based fraud detection in financial transactions

  Authors

  NELLURI KAVITHA,  KAPU VINEETHA,  KALE NAGA LAKSHMI,  LOKIREDDY DIVYA LAKSHMI DEVEE,  DR.K.KRANTHI KUMAR

  Keywords

Customer, Financial System, One-Class SVM, Classification technique

  Abstract


Financial fraud poses a significant threat to business and individual alike Detecting fraudulent transactions in financial data is crucial to safeguarding asset and maintaining trust in financial systems. The project explores the application of One-Class SVM as an effective and efficient tool for identifying fraudulent transactions within large datasets. Financial institutions, payment processors and e-commerce platforms commonly employ such fraud detection techniques to safeguard against financial losses and maintain trust among their customers. The use of One-Class SVM is particularly valuable in situations where fraudulent cases are rare and difficult to distinguish from normal transactions, using traditional classification techniques.-- Financial fraud poses a significant threat to business and individual alike Detecting fraudulent transactions in financial data is crucial to safeguarding asset and maintaining trust in financial systems. The project explores the application of One-Class SVM as an effective and efficient tool for identifying fraudulent transactions within large datasets. Financial institutions, payment processors and e-commerce platforms commonly employ such fraud detection techniques to safeguard against financial losses and maintain trust among their customers. The use of One-Class SVM is particularly -- Financial fraud poses a significant threat to business and individual alike Detecting fraudulent transactions in financial data is crucial to safeguarding asset and maintaining trust in financial systems. The project explores the application of One-Class SVM as an effective and efficient tool for identifying fraudulent transactions within large datasets. Financial institutions, payment processors and e-commerce platforms commonly employ such fraud detection techniques to safeguard against financial losses and maintain trust among their customers. The use of One-Class SVM is particularly valuable in situations where fraudulent cases are rare and difficult to distinguish from normal transactions, using traditional classification techniques.in situations where fraudulent cases are rare and difficult to distinguish from normal transactions, using traditional classification techniques.

  IJCRT's Publication Details

  Unique Identification Number - IJCRT2311033

  Paper ID - 245773

  Page Number(s) - a256-a260

  Pubished in - Volume 11 | Issue 11 | November 2023

  DOI (Digital Object Identifier) -   

  Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882

  E-ISSN Number - 2320-2882

  Cite this article

  NELLURI KAVITHA,  KAPU VINEETHA,  KALE NAGA LAKSHMI,  LOKIREDDY DIVYA LAKSHMI DEVEE,  DR.K.KRANTHI KUMAR,   "An Effective One-Class SVM-based fraud detection in financial transactions", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.11, Issue 11, pp.a256-a260, November 2023, Available at :http://www.ijcrt.org/papers/IJCRT2311033.pdf

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ISSN: 2320-2882
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Journal Starting Year (ESTD) : 2013
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ISSN and 7.97 Impact Factor Details


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ISSN
ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
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