• Corpus ID: 33467754

Anomaly detection in banking operations

  title={Anomaly detection in banking operations},
  author={Chilukuri Krishna Mohan and Kishan G. Mehrotra},
This paper presents an overview of anomaly detection algorithms and methodology, focusing on the context of banking operations applications. The main principles of anomaly detection are first presented, followed by listing some of the areas in banking that can benefit from anomaly detection. We then discuss traditional nearest-neighbor and clustering-based approaches. Time series and other sequential data analysis approaches are described. The problems posed by categorical data are also… 

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