Credit Card Fraud Detection

Credit Card Fraud Detection Project

Project Overview

This project focuses on detecting fraudulent transactions in credit card data using machine learning algorithms. By analyzing transactional data and identifying anomalous patterns, the goal is to build a robust model that can accurately flag fraudulent activities and minimize financial losses for credit card companies and users.

Technologies Used

  • Python
  • Pandas
  • Scikit-Learn
  • logistic regression
  • Matplotlib

Key Features

  • Data preprocessing to handle imbalanced datasets and normalize features.
  • Application of machine learning models such as Logistic Regression, Random Forest, and Neural Networks.
  • Evaluation using metrics like Precision, Recall, and F1-score to assess model performance.

Results

The developed model achieved high accuracy of 93% in detecting fraudulent transactions, demonstrating its effectiveness in safeguarding credit card transactions against potential fraud.

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