Читать книгу Fundamentals and Methods of Machine and Deep Learning - Pradeep Singh - Страница 31

Currently, online credit card fraud detection is 32 billion dollars market in 2020. That is approximately higher than the profit made by many MNC companies combined. Nowadays, the number of payment channels like a credit card, debit card, numerous wallets, UPI, and much more has increased the number of criminals. ML approaches fraud detection as a classification problem.