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Credit Card Fraud Detection Using Fuzzy Logic and Neural Network

2016· article· en· W2525985184 on OpenAlexaff
Thuraya Razooqi, Pansy Khurana, Kaamran Raahemifar, Abdolreza Abhari

Bibliographic record

Venuenot available
Typearticle
Languageen
FieldComputer Science
TopicImbalanced Data Classification Techniques
Canadian institutionsToronto Metropolitan University
Fundersnot available
KeywordsCredit card fraudCredit cardComputer scienceFuzzy logicDefuzzificationData miningToolboxDatabase transactionArtificial intelligenceNeuro-fuzzyArtificial neural networkFuzzy electronicsMachine learningFuzzy set operationsFuzzy setFuzzy control systemFuzzy numberDatabasePayment

Abstract

fetched live from OpenAlex

The credit card fraud is dramatically increasing due to rise and rapid growth of E-commerce. Due to the huge number of transactions, credit card fraud detection is a big challenge for banks to minimize their losses and for customers to feel secure. In this paper fuzzy database is used to detect credit cards fraud. Fraud detection involves monitoring user's behaviour to estimate, detect or avoid undesirable behaviours. To correctly identify a transaction as legitimate or fraudulent has been considered a data mining problem. In this paper we discuss the fuzzy logic method, fuzzy rules, membership functions, fuzzification and defuzzification. Later, this method is implemented on the dataset using fuzzy logic toolbox in Matlab and the results are compared with the results of the artificial neural network method ANN. Our results indicates that the ANN method is 33% more accurate than the fuzzy logic.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.003
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Simulation or modeling · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.012
Threshold uncertainty score0.023

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0010.003
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0010.001
Bibliometrics0.0020.001
Science and technology studies0.0000.000
Scholarly communication0.0010.001
Open science0.0010.000
Research integrity0.0010.001
Insufficient payload (model declined to judge)0.0010.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.036
GPT teacher head0.265
Teacher spread0.229 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designSimulation or modeling
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations24
Published2016
Admission routes1
Has abstractyes

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