Analysis on Credit Card Fraud Detection Techniques: Based on Certain Design Criteria

@article{Zareapoor2012AnalysisOC,
  title={Analysis on Credit Card Fraud Detection Techniques: Based on Certain Design Criteria},
  author={Masoumeh Zareapoor and R Seeja.K. and M. Afshar Alam},
  journal={International Journal of Computer Applications},
  year={2012},
  volume={52},
  pages={35-42}
}
fraud is increasing significantly with the development of modern technology and the global superhighways of communication, resulting in the loss of billions of dollars worldwide each year. The companies and financial institution loose huge amounts due to fraud and fraudsters continuously try to find new rules and tactics to commit illegal actions. Thus, fraud detection systems have become essential for all credit card issuing banks to minimize their losses. The most commonly used fraud… 

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