10.35940/ijeat.D6815.049420
https://zenodo.org/records/5553659
oai:zenodo.org:5553659
V. Vijayakumar
V. Vijayakumar
Computer Science and Engineering Department, Sri Manakula Vinayagar Engineering College, Puducherry, India,
Nallam Sri Divya
Nallam Sri Divya
Computer Science and Engineering Department, Sri Manakula Vinayagar Engineering College, Puducherry, India,
P. Sarojini
P. Sarojini
Computer Science and Engineering Department, Sri Manakula Vinayagar Engineering College, Puducherry, India,
K. Sonika
K. Sonika
Computer Science and Engineering Department, Sri Manakula Vinayagar Engineering College, Puducherry, India,
Isolation Forest and Local Outlier Factor for Credit Card Fraud Detection System
Zenodo
2020
anomaly detection, isolation, local outlier, fraudulent, credit card
Blue Eyes Intelligence Engineering & Sciences Publication(BEIESP)
Blue Eyes Intelligence Engineering & Sciences Publication(BEIESP)
Publisher
2020-04-30
eng
2249-8958
Creative Commons Attribution 4.0 International
Fraud identification is a crucial issue facing large economic institutions, which has caused due to the rise in credit card payments. This paper brings a new approach for the predictive identification of credit card payment frauds focused on Isolation Forest and Local Outlier Factor. The suggested solution comprises of the corresponding phases: pre-processing of data-sets, training and sorting, convergence of decisions and analysis of tests. In this article, the behavior characteristics of correct and incorrect transactions are to be taught by two kinds of algorithms local outlier factor and isolation forest. To date, several researchers identified different approaches for identifying and growing such frauds. In this paper we suggest analysis of Isolation Forest and Local Outlier Factor algorithms using python and their comprehensive experimental results. Upon evaluating the dataset, we received Isolation Forest with high accuracy compared to Local Outlier Factor Algorithm