Title :
CARDWATCH: a neural network based database mining system for credit card fraud detection
Author :
Aleskerov, Emin ; Freisleben, Bernd ; Rao, Bharat
Author_Institution :
Dept. of Electr. Eng. & Comput. Sci., Siegen Univ., Germany
Abstract :
CARDWATCH, a database mining system used for credit card fraud detection, is presented. The system is based on a neural network learning module, provides an interface to a variety of commercial databases and has a comfortable graphical user interface. Test results obtained for synthetically generated credit card data and an autoassociative neural network model show very successful fraud detection rates
Keywords :
credit transactions; data handling; database management systems; financial data processing; fraud; graphical user interfaces; learning systems; neural nets; CARDWATCH; autoassociative neural network model; credit card fraud detection; database interface; fraud detection rates; graphical user interface; neural network based database mining system; neural network learning module; synthetically generated credit card data; Adaptive signal detection; Credit cards; Data mining; Databases; Economic forecasting; Electronic mail; Machine learning; Neural networks; Performance analysis; Planning;
Conference_Titel :
Computational Intelligence for Financial Engineering (CIFEr), 1997., Proceedings of the IEEE/IAFE 1997
Conference_Location :
New York City, NY
Print_ISBN :
0-7803-4133-3
DOI :
10.1109/CIFER.1997.618940
