A Survey on Hidden Markov Model for Credit Card Fraud Detection

Credit card frauds are increasing day by day regardless of the various techniques developed for its detection. Fraudsters are so expert that they engender new ways for committing fraudulent transactions each day which demands constant innovation for its detection techniques as well. Many techniques based on Artificial Intelligence, Data mining, Fuzzy logic, Machine learning, Sequence Alignment, decision tree, neural network, logistic regression, naive Bayesian, Bayesian network, meta-learning, Genetic Programming etc., has evolved in detecting various credit card fraudulent transactions.

Provided by: International Journal of Engineering and Advanced Technology (IJEAT) Topic: Security Date Added: Feb 2012 Format: PDF

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