TY - JOUR KW - Fraud Detection KW - Payment System KW - Self Organizing Map KW - Transaction AU - Vladimir Zaslavsky AU - Anna Strizhak AB -

Nowadays, credit card fraud detection is of great importance to financial institutions. This article presents an automated credit card fraud detection system based on the neural network technology. The authors apply the Self-Organizing Map algorithm to create a model of typical cardholder’s behavior and to analyze the deviation of transactions, thus finding suspicious transactions.

BT - Information & Security: An International Journal DA - 2006 DO - http://dx.doi.org/10.11610/isij.1803 LA - eng N2 -

Nowadays, credit card fraud detection is of great importance to financial institutions. This article presents an automated credit card fraud detection system based on the neural network technology. The authors apply the Self-Organizing Map algorithm to create a model of typical cardholder’s behavior and to analyze the deviation of transactions, thus finding suspicious transactions.

PY - 2006 SP - 48 EP - 63 T2 - Information & Security: An International Journal TI - Credit Card Fraud Detection Using Self-Organizing Maps VL - 18 ER -