Fraud Detection in Credit Card Transaction Using Hybrid Model

Provided by: International Journal Of Engineering And Computer Science
Topic: Security
Format: PDF
In current retail merchandise environment, electronic commerce has speedily gained a lot of attention and also provides spontaneous transactions. In electronic commerce, card payment mode has become the most important means of payment due to fast development in information technology around the world. As the usage of card payment mode increases in the last decade, magnitude of fraudulent practices is also accelerating every year. Inspite of all attempts to prevent fraud, it carries on to be a major threat to industry and government. Traditionally, organizations have concentrated on fraud prevention rather than detection, to combat fraud.

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