Electronic Banking Fraud Detection : Using Data Mining Techniques And R Software For Implementing Machine Learning Algorithms In Prevention Of Fraud

Sayo Enoch Aluko

ISBN 10: 3659916870 / ISBN 13: 9783659916878

Published by LAP LAMBERT Academic Publishing, 2017

About this Item

nach der Bestellung gedruckt Neuware - Printed after ordering - This research work deals with the procedures for computing the presence of outliers using various distance measures and general detection performance for unsupervised machine learning, such as the K-Mean Clustering Analysis and Principal Component Analysis. A comprehensive evaluation of Data Mining Techniques, Machine Learning and Predictive modelling for Unsupervised Anomaly Detection Algorithms on Electronic Banking Transaction data sets record for over a period of six (6) months, April to September, 2015, consisting of 9 variable data fields and 8,641 observations, were used to carry out the survey on fraud detection. On completion of the underlying system, I can conclude that integrated techniques system provide better performance efficiency than a singular system. Besides, in near real-time settings, if a faster computation is required for larger data sets, just like the unlabelled data sets used for this research work, clustering based method is preferred to classification model. Seller Inventory # 9783659916878

Bibliographic Details

Title: Electronic Banking Fraud Detection : Using ...

Publisher: LAP LAMBERT Academic Publishing

Publication Date: 2017

Binding: Taschenbuch

Condition: Neu

About this title

Synopsis:

This research work deals with the procedures for computing the presence of outliers using various distance measures and general detection performance for unsupervised machine learning, such as the K-Mean Clustering Analysis and Principal Component Analysis. A comprehensive evaluation of Data Mining Techniques, Machine Learning and Predictive modelling for Unsupervised Anomaly Detection Algorithms on Electronic Banking Transaction data sets record for over a period of six (6) months, April to September, 2015, consisting of 9 variable data fields and 8,641 observations, were used to carry out the survey on fraud detection. On completion of the underlying system, I can conclude that integrated techniques system provide better performance efficiency than a singular system. Besides, in near real-time settings, if a faster computation is required for larger data sets, just like the unlabelled data sets used for this research work, clustering based method is preferred to classification model.

About the Author:

Enoch Sayo Aluko, a CIE Examiner and Assessment Specialist attended University of Lagos, where he obtained B.Sc, in Education Mathematics and M.Sc., in Statistics. Besides, he has Diploma in Data Mining (SIIT) and a Certificate Course in Data Management and Visualization (Wesleyan University). He is a member of the Nigeria Mathematical Society.