Research Article | Open Access
ANALYSIS ON A RANDOM FOREST BASED CREDIT CARD FRAUD DETECTION SYSTEM
A.Krupa Satwika Dr.K.ParishVenkata Kumar, A.Sowmya T.Naga Sarika K.Prudhvi Nag
Pages: 6186-6190
Abstract
As is well-known, the number of people making purchases with credit cards has skyrocketed. Fraudulent
activities are on the rise in tandem with the widespread use of credit cards. Consequently, credit card
transactions in the real world are at the heart of this project's scope and content. Without crediting their own
accounts or crediting from other accounts, the intruders want to acquire products/goods. For credit card fraud
detection, there were formerly several unsupervised machine learning algorithms like ANN that were less
accurate. This research combines supervised machine learning techniques such as Random Forest and Cart
algorithms in order to improve the model's accuracy. As a result, the approaches' performance is judged by their
accuracy, specificity and sensitivity and precision.