Fraud Detection using Data Mining Techniques

Provided by: International Journal of Innovations in Engineering and Technology (IJIET)
Topic: Big Data
Format: PDF
Data mining technology is applied to fraud detection to establish the fraud detection model, describe the process of creating the fraud detection model, then establish data model with ID3 decision tree, and establish example of fraud detection model by using this model. As e-commerce sales continue to grow, the associated online fraud remains an attractive source of revenue for fraudsters. These fraudulent activities impose a considerable financial loss to merchants, making online fraud detection a necessity.

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