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Credit Card Fraud Detection Presentation

This document presents a mini project on credit card fraud detection using machine learning and deep learning algorithms to enhance accuracy and reduce false positives. It outlines the limitations of traditional fraud detection methods and proposes a hybrid approach that combines various models for improved performance. The project aims to implement real-time fraud detection strategies and optimize model performance through extensive evaluation and training on large datasets.

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0% found this document useful (0 votes)
38 views6 pages

Credit Card Fraud Detection Presentation

This document presents a mini project on credit card fraud detection using machine learning and deep learning algorithms to enhance accuracy and reduce false positives. It outlines the limitations of traditional fraud detection methods and proposes a hybrid approach that combines various models for improved performance. The project aims to implement real-time fraud detection strategies and optimize model performance through extensive evaluation and training on large datasets.

Uploaded by

jashtiyamini72
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Credit Card Fraud Detection

Using Machine Learning and


Deep Learning Algorithms
Mini Project Review
Presented by: [Your Name]
Date: 13-02-2025
Abstract
• Credit card fraud detection is crucial due to
rising financial crimes. Traditional fraud
detection methods struggle with accuracy and
efficiency. This project utilizes machine
learning and deep learning techniques to
improve fraud detection accuracy while
reducing false positives. The study evaluates
different models and optimizes them for real-
world applications.
Objectives
• • Develop a fraud detection system using
machine learning and deep learning.
• • Reduce false positives and improve fraud
detection accuracy.
• • Compare different algorithms and optimize
model performance.
• • Implement real-time fraud detection
strategies.
Existing System
• • Traditional fraud detection relies on rule-
based systems and manual reviews.
• • High false positive rates lead to unnecessary
transaction blocks.
• • Lack of adaptability to new fraud patterns.
• • Computationally expensive and slow
response time.
Literature Survey
• • Various machine learning models like
Decision Trees, SVM, and Random Forest have
been used.
• • Deep learning techniques such as CNNs and
LSTMs show promise in fraud detection.
• • Studies highlight the importance of data
balancing and feature engineering.
• • Hybrid models combining ML and DL
improve accuracy and robustness.
Proposed System
• • Implement a hybrid approach using machine
learning and deep learning.
• • Use Convolutional Neural Networks (CNN)
for feature extraction.
• • Train models on large datasets with class
balancing techniques.
• • Deploy real-time fraud detection using
optimized models.

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