Automatic Card Fraud Detection Based on Decision Tree Algorithm

This paper delves into the analysis of card fraud within the banking system. Its aim is to gain a comprehensive understanding of fraud in the banking sector and explore effective detection techniques. The paper examines advanced techniques such as data analysis, automatic learning algorithms, and re...

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Main Authors: Elena Flondor, Liliana Donath, Mihaela Neamtu
Format: Article
Language:English
Published: Taylor & Francis Group 2024-12-01
Series:Applied Artificial Intelligence
Online Access:https://www.tandfonline.com/doi/10.1080/08839514.2024.2385249
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author Elena Flondor
Liliana Donath
Mihaela Neamtu
author_facet Elena Flondor
Liliana Donath
Mihaela Neamtu
author_sort Elena Flondor
collection DOAJ
description This paper delves into the analysis of card fraud within the banking system. Its aim is to gain a comprehensive understanding of fraud in the banking sector and explore effective detection techniques. The paper examines advanced techniques such as data analysis, automatic learning algorithms, and real-time monitoring systems to detect suspicious patterns, anomalies, and deviations from normal behavior with precision. To achieve this, the research methodology employs a combination of qualitative and quantitative analysis. Furthermore, empirical research is conducted to evaluate the effectiveness of Machine Learning-based decision tree algorithms in identifying card fraud using real-world datasets. By understanding the nature of fraud and implementing robust detection methods, banks can safeguard their operations, assets, and customers, and uphold trust in the banking system.
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id doaj-art-ba70ecd919e04803b20c05a6c0bfba4c
institution OA Journals
issn 0883-9514
1087-6545
language English
publishDate 2024-12-01
publisher Taylor & Francis Group
record_format Article
series Applied Artificial Intelligence
spelling doaj-art-ba70ecd919e04803b20c05a6c0bfba4c2025-08-20T01:56:56ZengTaylor & Francis GroupApplied Artificial Intelligence0883-95141087-65452024-12-0138110.1080/08839514.2024.2385249Automatic Card Fraud Detection Based on Decision Tree AlgorithmElena Flondor0Liliana Donath1Mihaela Neamtu2Faculty of Mathematics and Computer Science, West University of Timisoara, Timisoara, RomaniaFaculty of Economics and Business Administration, West University of Timisoara, Timisoara, RomaniaFaculty of Economics and Business Administration, West University of Timisoara, Timisoara, RomaniaThis paper delves into the analysis of card fraud within the banking system. Its aim is to gain a comprehensive understanding of fraud in the banking sector and explore effective detection techniques. The paper examines advanced techniques such as data analysis, automatic learning algorithms, and real-time monitoring systems to detect suspicious patterns, anomalies, and deviations from normal behavior with precision. To achieve this, the research methodology employs a combination of qualitative and quantitative analysis. Furthermore, empirical research is conducted to evaluate the effectiveness of Machine Learning-based decision tree algorithms in identifying card fraud using real-world datasets. By understanding the nature of fraud and implementing robust detection methods, banks can safeguard their operations, assets, and customers, and uphold trust in the banking system.https://www.tandfonline.com/doi/10.1080/08839514.2024.2385249
spellingShingle Elena Flondor
Liliana Donath
Mihaela Neamtu
Automatic Card Fraud Detection Based on Decision Tree Algorithm
Applied Artificial Intelligence
title Automatic Card Fraud Detection Based on Decision Tree Algorithm
title_full Automatic Card Fraud Detection Based on Decision Tree Algorithm
title_fullStr Automatic Card Fraud Detection Based on Decision Tree Algorithm
title_full_unstemmed Automatic Card Fraud Detection Based on Decision Tree Algorithm
title_short Automatic Card Fraud Detection Based on Decision Tree Algorithm
title_sort automatic card fraud detection based on decision tree algorithm
url https://www.tandfonline.com/doi/10.1080/08839514.2024.2385249
work_keys_str_mv AT elenaflondor automaticcardfrauddetectionbasedondecisiontreealgorithm
AT lilianadonath automaticcardfrauddetectionbasedondecisiontreealgorithm
AT mihaelaneamtu automaticcardfrauddetectionbasedondecisiontreealgorithm