Identity Crime Detection on Credit Cards
Identity crime detection is implied as a method to detect fraudulent in credit cards. Here the authors use a new multilayered detection system complemented with two additional layers called Communal Detection (CD) and Spike Detection (SD). Credit card based purchases can be categorized into two types, namely physical card and virtual card. In the virtual card kind of purchase, only some important information about a card (card number, expiration date, and secure code) is required to make the payment. Such purchases are normally done on the internet or over the telephone.