sitelogo
 Home»Computer Science» Credit card fraud detection system using hidden Markov model

Credit card fraud detection system using hidden Markov model

 Department: Computer Science  
 By: usericon bhimbho  

 Project ID: 2957
   Rating:  (3.3) votes: 6
Rate this project
   Price:₦3000
Abstract
The evolution of the new technology supports the online transactions to be held with the assistance of different payment cards. Credit card frauds have become increasingly rampant in living years and critical for banks to enhance fraud detection so as to protect their cardholders from financial loss. The simple way to detect such kind of fraud is to decipher the spending pattern on each card and to highlight any irregularity with respect to the“standard” spending pattern. In this paper we try to review Hidden Markov model which works on such technique. The HMM, trained with the normal behaviour of a cardholder needs an enough number of normal transactions and fraud transactions for learning fraud patterns. To make it more effective we have enclosed the provision of determining the IP address of intruder machine along with its time stamp.  The simulation analysis include different real dataset to identify the fraud and discover the intruder. Form our model it is proven that it works with more efficiency than existing models....
Preview +
Other Computer Science project topics and materials you might be interested in
»Design and Implementation of digital library system
»Design and Implementation of a Virtual E-Learning System ( Case study of Lagos State University)
»Design and Implementation of online cash receipt generating system for a supermarket
»Design and Implementation of computerized hospital database management system
»Design and Implementation of Student Project Management and Allocation System
»Design and Implementation of a Software Result Processing and Transcript Generation System
»Design and Implementation of a Hotel Database Management System and Service ( A Case Study of Winter Suites and Hotels, Owerri)
»Design and Implementation of Online Birth and Death Registration System
»Design and Implementation of Online Clearance System
»Design and Implementation of Loan Management System with SMS Notification
»Design and Implementation of Computerized Staff Record Department
»Design and Implementation of Cyber Cafe Security
»Design and Implementation of N.Y.S.C Posting System ( A case study of N.Y.S.C Enugu)
»Design and Implementation of a Computerized Fraud Detection in a Bank
»Design and Simulation of a Secured Wireless Network

Upload Project

Do you have project materials to share? Upload and earn with it.

Departments