About this document
Financial Fraud Detection Using IFA by sembilandua918 is a document available to read on EtoBox.
This research proposes a new methodology for detecting financial fraud in plastic payment cards using the Isolation Forest and Local Outlier Detection algorithms. The study highlights the increasing need for effective fraud detection techniques due to rising fraudulent transactions and evaluates the performance of various machine learning models. The proposed method achieved an accuracy of approximately 99.8% with a precision of 36% using a standard dataset.
- Author
- sembilandua918
- Language
- EN