Recent advances in online payment technologies combined with the impact of the COVID-19 global pandemic has led to a significant escalation in the number of online transactions and credit card payments being executed every day. Naturally, there has also been an escalation in credit card frauds, which is having a significant impact on the banking institutions, corporations that issue credit cards, and finally, the vendors and merchants. Consequently, there is an urgent need to implement and establish proper mechanisms that can secure the integrity of online card transactions. The research presented in this paper proposes a hybrid machine learning and swarm metaheuristic approach to address the challenge of credit card fraud detection. The novel, enhanced firefly algorithm, named group search firefly algorithm, was devised and then used to a tune support vector machine, an extreme learning machine, and extreme gradient-boosting machine learning models. Boosted models were tested on the real-world credit card fraud detection dataset, gathered from the transactions of the European credit card users. The original dataset is highly imbalanced; to further analyze the performance of tuned machine learning models, in the second experiment performed for the purpose of this research, the dataset has been expanded by utilizing the synthetic minority over-sampling approach. The performance of the proposed group search firefly metaheuristic was compared with other recent state-of-the-art approaches. Standard machine learning performance indicators have been used for the evaluation, such as the accuracy of the classifier, recall, precision, and area under the curve. The experimental findings clearly demonstrate that the models tuned by the proposed algorithm obtained superior results in comparison to other models hybridized with competitor metaheuristics.

There are many machine learning approaches available and commonly used today, however, the extreme learning machine is appraised as one of the fastest and, additionally, relatively efficient models. Its main benefit is that it is very fast, which makes it suitable for integration within products that require models taking rapid decisions. Nevertheless, despite their large potential, they have not yet been exploited enough, according to the recent literature. Extreme learning machines still face several challenges that need to be addressed. The most significant downside is that the performance of the model heavily depends on the allocated weights and biases within the hidden layer. Finding its appropriate values for practical tasks represents an NP-hard continuous optimization challenge. Research proposed in this study focuses on determining optimal or near optimal weights and biases in the hidden layer for specific tasks. To address this task, a multi-swarm hybrid optimization approach has been proposed, based on three swarm intelligence meta-heuristics, namely the artificial bee colony, the firefly algorithm and the sine–cosine algorithm. The proposed method has been thoroughly validated on seven well-known classification benchmark datasets, and obtained results are compared to other already existing similar cutting-edge approaches from the recent literature. The simulation results point out that the suggested multi-swarm technique is capable to obtain better generalization performance than the rest of the approaches included in the comparative analysis in terms of accuracy, precision, recall, and f1-score indicators. Moreover, to prove that combining two algorithms is not as effective as joining three approaches, additional hybrids generated by pairing, each, two methods employed in the proposed multi-swarm approach, were also implemented and validated against four challenging datasets. The findings from these experiments also prove superior performance of the proposed multi-swarm algorithm. Sample code from devised ELM tuning framework is available on the GitHub.

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In the last few decades, the World Wide Web has become a necessity that offers numerous services to end users. The number of online transactions increases daily, as well as that of malicious actors. Machine learning plays a vital role in the majority of modern solutions. To further improve Web security, this paper proposes a hybrid approach based on the eXtreme Gradient Boosting (XGBoost) machine learning model optimized by an improved version of the well-known metaheuristics algorithm. In this research, the improved firefly algorithm is employed in the two-tier framework, which was also developed as part of the research, to perform both the feature selection and adjustment of the XGBoost hyper-parameters. The performance of the introduced hybrid model is evaluated against three instances of well-known publicly available phishing website datasets. The performance of novel introduced algorithms is additionally compared against cutting-edge metaheuristics that are utilized in the same framework. The first two datasets were provided by Mendeley Data, while the third was acquired from the University of California, Irvine machine learning repository. Additionally, the best performing models have been subjected to SHapley Additive exPlanations (SHAP) analysis to determine the impact of each feature on model decisions. The obtained results suggest that the proposed hybrid solution achieves a superior performance level in comparison to other approaches, and that it represents a perspective solution in the domain of web security.

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