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Stream/Area:
-
Subject:
-
Paper ID:
IJSREM38415
Volume:
8 |
11 |
Nov 2024
Pages:
Publication Frequency:
Monthly (12 issues per year)
License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.
With the surge in online transactions, credit card fraud has become a significant issue, demanding efficient solutions for early detection and prevention. The rise in digital transactions has increased the demand for robust fraud detection systems. This project aims to develop a hybrid fraud detection system that integrates facial recognition technology with behavioral analysis to enhance security in credit card transactions. The system employs facial recognition algorithms, including Haar Cascades, Local Binary Patterns (LBP) to verify user identity. When a user initiates a transaction or logs in, their facial image is captured and compared to previously stored data using feature extraction techniques. Additionally, the system analyzes behavioral data, such as login times, transaction locations, and spending habits, to identify anomalies indicative of fraud. By leveraging machine learning algorithms such as Support Vector Machines (SVM), CNNs the system learns from historical data and adapts to emerging patterns. This two-step verification process requires both a valid facial match and consistent user behavior, significantly reducing false positives and negatives.
KEYWORDS
Publication Date
6/10/2024
Peer Review Type
Double-Blind Peer Review
Review Rounds: 2
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Conflict of Interest
The authors declare no conflict of interest related to this research work.
Funding Information
No funding information available for this research.
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