Face Detection using Neural Network

Abstract

Recent studies indicate that in certain people with the risk of carrying cash; plastic money has become the trend these days. Past history of transactions like card holders' spending pattern from the previous transaction database, and other inputs like income, location, living expense etc can be compared with the current transaction details to detect credit card frauds. Deviation on transactions can indicate a fraud. There have been a few studies conducted to determine how to detect frauds by using different technology. Artificial neural networks can integrate the experts' experience into the software so as to provide support to the banks to detect frauds. This study used Neural Network as the upcoming technology by which detection of frauds can be made easier.