ABSTRACT

Detecting Fraudulent Debit Card transactions in Large-Scale Databases

Dr. Allen Long School of Computing, Information Systems and Mathematics South Bank University London

The problem of detecting fraud in debit card transactions is becoming increasingly visible. Consequently, experience in dealing with any realistically large example is of interest for any similar area involving financial applications involving cards and similar means of initiating payments.

The seminar will describe experience with a large-scale database of debit card transactions, with patterns of fraudulent usage. Data cleaning was performed on this material, followed by data visualisation and statistical analysis to determine the most useful features, and experiments with the results of the analysis. Several decision trees with different features were constructed during this activity. The experiments show that "hand crafted" business rules are more effective discriminators than those generated by decision trees.


Maintained by rbennett@cs.ucl.ac.uk