Imbalanced Data Classification Based on Extreme Learning Machine Autoencoder
15
Citation
29
Reference
10
Related Paper
Citation Trend
Abstract:
In practice, there are many imbalanced data classification problems, for example, spam filtering, credit card fraud detection and software defect prediction etc. it is important in theory as well as in application for investigating the problem of imbalanced data classification. In order to deal with this problem, based on extreme learning machine autoencoder, this paper proposed an approach for addressing the problem of binary imbalanced data classification. The proposed method includes 3 steps. (1) the positive instances are used as seeds, new samples are generated for increasing the number of positive instances by extreme learning machine autoencoder, the generated new samples are similar with the positive instances but not same. (2) step (1) is repeated several times, and a balanced data set is obtained. (3) a classifier is trained with the balanced data set and used to classify unseen samples. The experimental results demonstrate that the proposed approach is feasible and effective.Keywords:
Autoencoder
Extreme Learning Machine
Binary classification
Data set
Credit card fraud
The use of credit cards for online purchases has increased dramatically and led to an explosion in credit card fraud. Credit card companies need to be able to identify fraudulent credit card transactions so that customers are not charged for items they do not buy. In this study, we will use semi-supervised learning and combine it with AutoEncoders to identify fraudulent credit card transactions. In this paper, we will implement the use of T-SNE to visualize fraud and non-fraud transactions, then improve the visualization using autoencoders. Classification report proved that it is possible to achieve very acceptable precision using semi-supervised classification to detect credit card fraud.
Credit card fraud
Chargeback
Cite
Citations (16)
Abstract: It is vital that credit card companies are able to identify fraudulent credit card transactions so that customers are not charged for items that they did not purchase. Such problems can be tackled with Data Science and its importance, along with Machine Learning, cannot be overstated. This project intends to illustrate the modelling of a data set using machine learning with Credit Card Fraud Detection. The Credit Card Fraud Detection Problem includes modelling past credit card transactions with the data of the ones that turned out to be fraud. This model is then used to recognize whether a new transaction is fraudulent or not. Our objective here is to detect 100% of the fraudulent transactions while minimizing the incorrect fraud classifications. Credit Card Fraud Detection is a typical sample of classification. In this process, we have focused on analysing and pre-processing data sets as well as the deployment of multiple anomaly detection algorithms such as Local Outlier Factor and Isolation Forest algorithm on the PCA transformed Credit Card Transaction data.
Credit card fraud
Chargeback
Cite
Citations (11)
Abstract: Credit card fraud detection is presently the most frequently occurring problem in the present world. This is due to the rise in both online transactions and e-commerce platforms. Credit card fraud generally happens when the card was stolen for any of the unauthorized purposes or even when the fraudster uses the credit card information for his use. In the present world, we are facing a lot of credit card problems. To detect the fraudulent activities the credit card fraud detection system was introduced.
Credit card fraud
Chargeback
Cite
Citations (0)
Credit card industry is one of the major components of financial institutions in Malaysia. The crimes related to credit card and identity theft of late is increasing drastically. Credit card theft varies in terms of techniques and methods used and it’s crucially important to review and improvise the existing prevention method to reduce the number of crimes related to credit card and identity theft. This study also aims to analyze the recent studies and their findings regarding credit card and identity theft. This article contains information about credit card and identity theft, impact of TN50 implementation and also other fraud prevention methods being practiced internationally. There are plenty of methods being practiced to prevent credit card related frauds which is issue specific and it needs appropriate availability of technology to implement it. The methods that are discussed and considered in this article will definitely play a vital role in terms of cost savings and time efficiency.
Credit card fraud
Identity Theft
ATM card
Debit card
Cite
Citations (0)
Abstract: Now a day’s online transactions have become an important and necessary part of our lives. It is vital that credit card companies are able to identify fraudulent credit card transactions so that customers are not charged for items that they did not purchase. As frequency of transactions is increasing, number of fraudulent transactions are also increasing rapidly. Such problems can be tackled with Machine Learning with its algorithms. This project intends to illustrate the modelling of a data set using machine learning with Credit Card Fraud Detection. The Credit Card Fraud Detection Problem includes modelling past credit card transactions with the data of the ones that turned out to be fraud. This model is then used to recognize whether a new transaction is fraudulent or not. Our objective here is to detect 100% of the fraudulent transactions while minimizing the incorrect fraud classifications. Credit Card Fraud Detection is a typical sample of classification. In this process, we have focused on analyzing and preprocessing data sets as well as the deployment of multiple anomaly detection algorithms such as Local Outlier Factor and Isolation Forest algorithm on the PCA transformed Credit Card Transaction data. Keywords: Credit Card, Python, Detection
Credit card fraud
Chargeback
Python
Cite
Citations (0)
Autoencoder
Extreme Learning Machine
Deep belief network
Cite
Citations (149)
Specific crime in the banking system is credit card fraud. Credit card usage has been increased due to the rapid growth of E-commerce techniques. Credit card fraud also increased at the same time. Prevention is better than detection. So the existing system prevented the credit card fraud by identifying fraud in the application of the Credit card. Due to the limitation of the existing system, this paper proposed new algorithm along with the existing algorithm. Scalability issues, extreme imbalanced class and time constraints are the limitation of existing systems. Those limitations are overcome by hybrid support vector machine (HSVM) along with communal and spike detection for credit card application fraud detection. HSVM is the most used method for the pattern recognition and classification.
Credit card fraud
Chargeback
Cite
Citations (22)
Credit card fraud
AdaBoost
Cite
Citations (6)
Abstract The yearly increase in incidents of credit card fraud can be attributed to the rapid growth of e-commerce. To address this issue, effective fraud detection methods are essential. Our research focuses on the Credit Card Fraud Detection Dataset, which is a widely used dataset that contains real-world transaction data and is characterized by high class imbalance. This dataset has the potential to serve as a benchmark for credit card fraud detection. Our work evaluates the effectiveness of two supervised learning classification techniques, binary classification and one-class classification, for credit card fraud detection. The performance of five binary-class classification (BCC) learners and three one-class classification (OCC) learners is evaluated. The metrics used are area under the precision-recall curve (AUPRC) and area under the receiver operating characteristic curve (AUC). Our results indicate that binary classification is a better approach for detecting credit card fraud than one-class classification, with the top binary classifier being CatBoost.
Credit card fraud
Binary classification
Benchmark (surveying)
Cite
Citations (16)
We introduce Octree-based Convolutional Autoencoder Extreme Learning Machine (OCA-ELM) for 3D shape classification. This approach combines Convolutional Autoencoder Extreme Learning Machine (CAE-ELM) with octreebased con- volution to generate feature maps from several types of geometric data, and extract discriminative features with Extreme Learning Machine Autoencoder (ELM-AE). The extracted features can then be used for various computer graphics applications, such as 3D shape classification. Compared with other 3D classification methods, the proposed OCA-ELM has superior classification performance. Experiments on ModelNet40 show that OCA-ELM outperforms state-of-the-art CNN-based methods and surpasses CAE-ELM in classification accuracy by 3.69%, demonstrating the effectiveness of our method.
Autoencoder
Extreme Learning Machine
Discriminative model
Octree
Feature (linguistics)
Contextual image classification
Cite
Citations (7)