A descriptive study of credit card fraud pattern

JHA, SANJEEV

A descriptive study of credit card fraud pattern - 2013 - 373-384

We analyzed a dataset of fraudulent credit card transactions to uncover patterns in fraudulent transactions and to demonstrate the importance of focusing on suspicious transactions. We argue that revealed patterns in fraudulent trannsactions may help financial institutions update their practices and develop innovative mechanisms and systems to improve their performance at preventing and detecting credit card frauds.

BUSINESS GLOBAL BUSINESS

658

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