Credit Card Fraud Prediction

Running head: Credit card fraud prediction
Predicting the credit card fraud
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CREDIT CARD FRAUD PREDICTION1
Abstract
In current days all the financial industries are facing potential challenges while
performing all type of transaction, which are fraudulent. However, the credit card fraud is
vital among all. Therefore, detecting the credit card fraud is necessary. This report intended
to discuss the detection of the same and check whether predictive model using big data will
beneficial for the detection or not. Numerous methods such as data mining, real time data
driven approaches and the one class classification techniques are majorly used for predicting
and detecting the hazardous theft activity in the credit card transactions. This article provides
an overview of different recent approaches for determining the fraud in the credit card
transaction.

CREDIT CARD FRAUD PREDICTION2
Table of Contents
Introduction................................................................................................................................3
Literature review........................................................................................................................3
Syntax matrix.........................................................................................................................3
Methodology..............................................................................................................................6
Conclusion..................................................................................................................................7
Reference....................................................................................................................................8