DOIONLINE

DOIONLINE NO - IJACEN-IRAJ-DOIONLINE-464

Publish In
International Journal of Advance Computational Engineering and Networking (IJACEN)-IJACEN
Journal Home
Volume Issue
Issue
Volume-2,Issue-1  ( Jan, 2014 )
Paper Title
Credit Card Fraud Detection Using Implicit Password Authentication
Author Name
Amita Patil, Pratiksha Pohare, Sopan Patil, Prashant Shelar, L.A.Bewoor
Affilition
Vishwakarma Institute Of Information Technology, Kondhwa, Pune, Maharashtra, India
Pages
49-51
Abstract
Abstract- Due to rapid advancement in the e-commerce technology online shopping is becoming favourite trend among people. Credit card is the mostly preferred payment mode for online as well as regular purchase. Along with increased use of credit cards, frauds associated with it are also increasing day by day. Objective of this paper is to introduce a system which detects fraudulent transactions. It is possible with the use of Hidden Markov Model(HMM). HMM is initially trained with the behaviour of cardholder. If an incoming transaction is not accepted by the trained HMM with sufficient probability then it may be fraudulent. To ensure that transaction is fraudulent or not we are using Implicit Password Authentication (IPAS).This will also try to ensure that genuine transactions are not rejected by properly distinguishing between genuine and fraudulent transaction.
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