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  • https://doi.org/10.1109/icmctc62214.2025.11196499Copy DOI Icon

Artificial Intelligence Algorithm For Accurate Detection Of Credit Card Frauds

  • Apr 10, 2025
  • Selvaraj Poornima +5 more
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Abstract

The world is rapidly transitioning to a cashless culture today, which has led to a huge rise in credit card usage. However, the flip side of this is that there is an increase in fraudulent activity for this reason, both the card-issuing institutions and cardholders need to create a methodical fraud detection system. This study presents a novel method for CCFD using a Fruit fly driven weighted random forest (FF-WRF). This paper uses a Kaggle credit card transaction dataset and employs data cleaning, linear Discriminant Analysis for feature extraction and FFA to improve model accuracy. Furthermore, fraud detection accuracy is increased with an upgraded Random Forest method that incorporates feature weighting and subspace sampling. Based on a comparative analysis, FF-WRF outperforms conventional techniques such as RF, SVM, and LR, with rates of accuracy (98.3%), precision (87%), recall (95%), and F1-score (89%) respectively. These outcomes demonstrate the superior performance of FF-WRF in credit card fraud detection, providing a reliable way to reduce false positives and negatives.

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