Credit card fraud detection system

The use of credit cards is prevalent in modern day society. But it is obvious that the number of credit card fraud cases is constantly increasing in spite of the chip cards worldwide integration and existing protection systems. This is why the problem of fraud detection is very important now. In this paper the general description of the developed fraud detection system and comparisons between models based on using of artificial intelligence are given. In the last section of this paper the results of evaluative testing and corresponding conclusions are considered.