Advancing Credit Card Fraud Detection: A Review of Machine Learning Algorithms and the Power of Light Gradient Boosting
Farhan Aslam
Abstract:The surge in credit card transactions has necessitated the implementation of robust security measures to combat the ever-evolving threat of fraud. Traditional methods of fraud detection have proven inadequate in identifying intricate fraud patterns, prompting the adoption of machine learning (ML) as a vital tool in the fight against fraud. This article delves into recent research findings and proposes innovative strategies to elevate the current state of the art in fraud detection using ML techniques. The stud… Show more
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