Future of Information and Communication Conference (FICC) 2024
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International Journal of Advanced Computer Science and Applications(IJACSA), Volume 14 Issue 6, 2023.
Abstract: Fraud is the unlawful acquisition of valuable assets gained via intended misrepresentation. It is a crime committed by either an internal/external user, and associated with acts of theft, embezzlement, and larceny. The proliferation of credit cards to aid financial inclusiveness has its usefulness alongside it attracting malicious attacks for gains. Attempts to classify fraudulent credit card transactions have yielded formal taxonomies as these attacks seek to evade detection. We propose a deep learning ensemble via a profile hidden Markov model with a deep neural network, which is poised to effectively classify credit-card fraud with a high degree of accuracy, reduce errors, and timely fashion. The result shows the ensemble effectively classified benign transactions with a precision of 97 percent. Thus, we posit a new scheme that is more logical, intuitive, reusable, exhaustive, and robust in classifying such fraudulent transactions based on the attack source, cause(s), and attack time gap.
Fidelis Obukohwo Aghware, Rume Elizabeth Yoro, Patrick Ogholoruwami Ejeh, Christopher Chukwufunaya Odiakaose, Frances Uche Emordi and Arnold Adimabua Ojugo, “DeLClustE: Protecting Users from Credit-Card Fraud Transaction via the Deep-Learning Cluster Ensemble” International Journal of Advanced Computer Science and Applications(IJACSA), 14(6), 2023. http://dx.doi.org/10.14569/IJACSA.2023.0140610
@article{Aghware2023,
title = {DeLClustE: Protecting Users from Credit-Card Fraud Transaction via the Deep-Learning Cluster Ensemble},
journal = {International Journal of Advanced Computer Science and Applications},
doi = {10.14569/IJACSA.2023.0140610},
url = {http://dx.doi.org/10.14569/IJACSA.2023.0140610},
year = {2023},
publisher = {The Science and Information Organization},
volume = {14},
number = {6},
author = {Fidelis Obukohwo Aghware and Rume Elizabeth Yoro and Patrick Ogholoruwami Ejeh and Christopher Chukwufunaya Odiakaose and Frances Uche Emordi and Arnold Adimabua Ojugo}
}
Copyright Statement: This is an open access article licensed under a Creative Commons Attribution 4.0 International License, which permits unrestricted use, distribution, and reproduction in any medium, even commercially as long as the original work is properly cited.