Predictive Analytics for Early Detection of Financial Fraud in Online Transactions

Authors

  • Lold Davis Author

Abstract

Financial fraud poses a significant threat to online transactions, leading to substantial economic losses. This paper presents a predictive analytics framework for early detection of financial fraud using machine learning algorithms. We leverage transactional data, user behavior patterns, and network analysis techniques to identify fraudulent activities before they escalate. Experimental results demonstrate the effectiveness of our approach in reducing fraud-related losses.

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Published

2024-06-15

Issue

Section

Articles

How to Cite

Predictive Analytics for Early Detection of Financial Fraud in Online Transactions. (2024). International Transactions on Data Science (ITDS), 8(8). https://journals.enfoundations.com/index.php/ITDS/article/view/9