An Approach for Detecting Frauds in E-Commerce Transactions using Machine Learning Techniques

Abstract

This paper is primarily focused on E-commerce fraud detection using machine learning techniques. There are many different ways to detect E-commerce fraud using machine learning approach. In this work, comparison study is conducted between various available machine learning algorithms to detect the online frauds. During the comparative study, focus is underlined on comparison of all the algorithms to identify the fraud transactions. When compared to other algorithms, such as support vector machine, Decision Tree, K-nearest neighbour and Random Forest, it has been observed that Logistic regression gives better result among all machine learning algorithms.

Topics & Concepts