With the increase of credit card usage, the volume of credit card misuse also has significantly increased, which may cause appreciable financial losses for both credit card holders and financial organizations issuing credit cards. As a result, financial organizations are working hard on developing and deploying credit card fraud detection methods, in order to adapt to ever-evolving, increasingly sophisticated defrauding strategies and identifying illicit transactions as quickly as possible to protect themselves and their customers. Compounding on the complex nature of such adverse strategies, credit card fraudulent activities are rare events compared to the number of legitimate transactions. Hence, the challenge to develop fraud detection that are accurate and efficient is substantially intensified and, as a consequence, credit card fraud detection has lately become a very active area of research. In this work, we provide a survey of current techniques most relevant to the problem of credit card fraud detection. We carry out our survey in two main parts. In the first part, we focus on studies utilizing classical machine learning models, which mostly employ traditional transnational features to make fraud predictions. These models typically rely on some static physical characteristics, such as what the user knows (knowledge-based method), or what he/she has access to (object-based method). In the second part of our survey, we review more advanced techniques of user authentication, which use behavioral biometrics to identify an individual based on his/her unique behavior while he/she is interacting with his/her electronic devices. These approaches rely on how people behave (instead of what they do), which cannot be easily forged. By providing an overview of current approaches and the results reported in the literature, this survey aims to drive the future research agenda for the community in order to develop more accurate, reliable and scalable models of credit card fraud detection.
Post-secondary education persistence is the likelihood of a student remaining in post-secondary education. Although statistics show that post-secondary persistence for deaf students has increased recently, there are still many obstacles obstructing students from completing their post-secondary degree goals. Therefore, increasing the persistence rate is crucial to increase education and work goals for deaf students. In this work, we present an agent-based model using NetLogo software for the persistence phenomena of deaf students. We consider four non-cognitive factors: having clear goals, social integration, social skills, and academic experience, which influence the departure decision of deaf students. Progress and results of this work suggest that agent-based modeling approaches promise to give better understanding of what will increase persistence.
In many countries, a rail network consists of single lines with sidings where interactions between trains occur (meet, pass). In this paper, we study two issues of these networks: first, the scheduling of freight trains in a single line corridor while ensuring safe interactions and second, the allocation of freight to freight trains regarding the release dates of freight, weight of freight, and weight capacity of the trains. Both of these issues must be addressed when examining real-world freight train scheduling problems. The objective functions of this study are the minimization of a train's travelling time, the allocation of freight to freight trains, and the reduction of tardiness of freight at destination. Both scheduling and allocation problems are presented using integer linear programming models. In addition, an integrated novel heuristic algorithm has been proposed to solve them. Computational results demonstrated through a generated dataset show both model validation and efficiency of the heuristic algorithm. The heuristic algorithm has been designed to incorporate the practical operational railway rules with modest modification. Although its outputs slightly differ from the exact solutions, it can solve both models simultaneously in large scale problems.
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