Credit Card Fraud Detection

Abstract: Credit Card Fraud Detection is one of the common security breaches, to solve this

problem combination of techniques like genetic algorithms, behavior$-$based techniques and

hidden Markov models are used.

Aim of the Project: This project involves working on a system that analyzes users' transactions,

their behaviors and ensures that this information is never compromised.

How does it work?

Based on the unauthorized behavior, the system will identify suspicious events like false

passwords or illegal entry into the system and then this fraud detection algorithm blocks them

out. The information regarding login will be passed on to the real user and will make them

aware of the same.

What can aspirants do$?$

Credit Card Fraud Detection projects can be done using machine learning to investigate and

prevent fraudulent transactions.