Electrical and Computer Engineering Commons^™

Credit Card Fraud Detection, Charles Wang

Undergraduate Student Research Internships Conference

In recent years, credit card fraud poses a significant threat to banks and customers financially over the world. However, in the banking industry, to counter this issue, machine learning algorithms has become a growing trend to put proactive intervention of credit card fraud in place. In this project, we are going to detect fraudulent credit card transactions with machine learning models. This data set includes 284807 credit card transactions of European cardholders over a period of two days with their personal information kept anonymous. Among all transactions, 492 were fraudulent.