FRAUD DETECTION IN BANKING[CREDIT CARD FRAUD DETECTION]

Описание: Credit card fraud detection in banking involves identifying and preventing unauthorized or suspicious transactions in real-time to protect both customers and financial institutions. The system uses machine learning algorithms and data analysis techniques to detect anomalies in transaction patterns, such as unusual spending behavior, sudden location changes, or abnormal purchase amounts. By analyzing historical transaction data, the model can learn typical user behavior and flag potentially fraudulent activity. Effective fraud detection systems help minimize financial losses, improve customer trust, and ensure the security of digital banking services.