CREDIT CARD FRAUD RECOGNITION USING DATA MINING TECHNIQUES

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R. Akila
M. Bhuvaneswari

Abstract

In recent world most of the people, small and large scale originations are moving their daily business activity to online and providing customers services via internet. Credit Card (CC) payment is playing major role in the business activity but same time CC fraud is one of the major concern and issues in online transaction. In recent year CC fraud frauds are increased in day to day activity. The Main reason is most of the customers are using CC for all kind of payment. So the aim of this paper is to identify the different types of CC frauds and review the alternative techniques to detect the CC frauds. So satisfying the customers all originations are moving to secured transaction for customer to make payment for purchasing goods. This study will help to understand the CC fraud and type of methodology can be used to detect the CC fraud. This study will help to understand the CC fraud and type of methodology used to detect the CC fraud.

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