Enhancing credit card fraud detection in financial transactions through improved random forest algorithm (Record no. 22739)

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control field 20250428150016.0
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Original cataloging agency AIKTC-KRRC
Transcribing agency AIKTC-KRRC
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9 (RLIN) 26023
Author Sowmiya, B.
245 ## - TITLE STATEMENT
Title Enhancing credit card fraud detection in financial transactions through improved random forest algorithm
250 ## - EDITION STATEMENT
Volume, Issue number Vol.14(1), Oct
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Place of publication, distribution, etc. Chennai
Name of publisher, distributor, etc. ICT Academy
Year 2023
300 ## - PHYSICAL DESCRIPTION
Pagination 3089-3093p.
520 ## - SUMMARY, ETC.
Summary, etc. Credit card Fraud detection is a critical task in various industries,<br/>including finance and e-commerce, where identifying fraudulent<br/>activities can help prevent financial losses and protect users. It begins<br/>by combining two datasets containing fraudulent and non-fraudulent<br/>transactions to create a comprehensive dataset for analysis. Data is<br/>preprocessed by removing unnecessary features, calculating distance<br/>metrics, and generating new variables to capture temporal patterns and<br/>transaction history. Multicollinearity issues are addressed through<br/>feature selection. Improved Random Forest (RF) algorithm is used to<br/>improve fraud detection. The experimental results indicate that the<br/>improved Random Forest algorithm achieves commendable accuracy<br/>in fraud detection. The proposed model achieves 99.87% training<br/>accuracy and 99.41% testing accuracy. The Model’s performance is<br/>evaluated by measuring precision, recall, F1-score and support. Our<br/>research emphasizes the importance of considering improved<br/>algorithms to achieve better results. The findings provide valuable<br/>insights for organizations aiming to enhance their fraud detection<br/>capabil..
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
9 (RLIN) 4622
Topical term or geographic name entry element Computer Engineering
773 0# - HOST ITEM ENTRY
Title ICTACT Journal on Soft Computing (IJSC)
Place, publisher, and date of publication Chennai ICT Academy
856 ## - ELECTRONIC LOCATION AND ACCESS
URL https://ictactjournals.in/paper/1_IJSC_Vol_14_Iss_1_Paper_1_3089_3093.pdf
Link text Click here
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    Dewey Decimal Classification     School of Engineering & Technology School of Engineering & Technology Archieval Section 28/04/2025   2025-0712 28/04/2025 28/04/2025 Articles Abstract Database
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