Real Time Loan Fraud detection in banking sector using machine learning and DM technique

Brunda Shree V; Bhavana L; Harshavardhan Doddamani

Real Time Loan Fraud detection in banking sector using machine learning and DM technique

Authors: Brunda Shree V, Bhavana L, Harshavardhan Doddamani

Unique Paper ID: 148192
Volume: 5
Issue: 12
PageNo: 584-588

Keywords: Frauds Financial Detection Auditing Worldwide.

Abstract:
There is a loss of billions of dollars worldwide each year because of frauds happening in financial sectors. There is a problem with internal auditing system of financial sectors because of which there is a need for fraud detection. This paper gives the details about fraud detection in financial sectors using machine learning and data mining techniques. Bayesian and K-means algorithms are used for fraud detection here.

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ISSN: 2349-6002
Volume: 5
Issue: 12
PageNo: 584-588

Real Time Loan Fraud detection in banking sector using machine learning and DM technique

Available:https://ijirt.org/Article?manuscript=148192

Impact Factor
8.01 (Year 2024)

UGC Approved
Journal no 47859

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