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Finance Fraud Detection using XGBoost

Description

Nowadays having a credit or debit card for shopping online seems like mandatory, specially during quarantine. However everybody (at least me!) feels a bit unsecured when they input their card numbers on a website. There are many risks out there, identity fraud, theft of bank details, etc. Fortunately many banks are catching up with fraud detection applying machine learning techniques.

In this article/gist we are going to demonstrate how we can use boosted decision trees to detect fraud in credit cards records.

Notebook

Link: Notebook - Financial Fraud Detection

Disclaimer

The author do not assume any liability or provide any warranty implicit or explicit.

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Using decision trees to detect financial fraud in credit cards records.

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