Fraud Detection using ACO and Fuzzy SVM
DOI:
https://doi.org/10.24906/isc/2018/v32/i5/180260Keywords:
Support Vector Machine, Ant Colony Optimization, Clustering.Abstract
The advent of e-commerce has initiated a new issue. It deals with the security while performing the money transactions. One of the main problems that persuades in the issue of online transactions is the credit card frauds. To solve this problem, behaviour based clustering using ant colony optimization (ACO) and Fuzzy support vector machine (SVM) is employed in this work. It is a hybrid approach, combining the supervised and unsupervised methods. It acquires the benefits of both the methods.Downloads
Downloads
Published
How to Cite
Issue
Section
References
Min-Jung Kim and Taek-Soo Kim, “A Neural Classifier with Fraud Density Map for Effective Credit Card Fraud Detectionâ€, H. Yin et al. (Eds.): IDEAL 2002, LNCS 2412, pp. 378-383, 2002. © Springer-Verlag Berlin Heidelberg 2002
J.Stolfo, J., D.W Fan, W. Lee, A.L Prodromidis, “Credit card fraud detection using meta-learning: Issues and initial resultsâ€, In: AAAI Workshop on AI Approaches to Fraud Detection and Risk Management, AAAI Press, pp. 83–90., Menlo Park, CA (1997)
A Shamir, A. Secureclick, “A web payment system with disposable credit card numbers†In: Syverson, P.F. (ed.) FC 2001. LNCS, Springer, vol. 2339, pp. 232–242., Heidelberg (2002)
M.Krivko, “A Hybrid Model for Plastic Card Fraud Detection Systemsâ€, Expert Systems with Applications 37 , 6070–6076, 2010.
R.C.Chen.., M.L.Chiu.., Y.L.Huang, L.T.Chen, “Detecting Credit Card Fraud by Using questionnaire-Responded Transaction Model Based on Support Vector Machinesâ€, Lect. Notes Comp. Sci., 3177, 800-806, 2004.
J. Han, M. Kamber, “Data Mining: Concepts and Techniques,†Morgan Kaufmann Publishers, Second ed., pp. 285–464, 2006.
M.Dorigo, T.Stutzle, “Ant Colony Optimizationâ€, MIT Press, Cambridge, 2004.
Zan Huang, Hsinchun Chen, Chia-Jung Hsu, Wun-Hwa Chen and Soushan Wu, “Credit rating analysis with support vector machines and neural networks: a market comparative studyâ€, Elsevier-Decision Support Systems 37, 543-558, 2004.
Kyung-Shik Shin, Taik Soo Lee and Hyun-jung Kim, “An application of support vector machines in bankruptcy prediction modelâ€, ELSEVIER, Expert Systems with Applications 28,127–135, 2005.
K.J.Kim, “Financial time series forecasting using support vector machinesâ€,Neurocomputing, 55(1/2), 307–319, 2003.