Credit Card Fraud Detection using Machine Learning (Logistic Regression)

Abstract

Abstract: Credit Card Fraud Detection (CCFD) is a crucial application in machine learning. It aims for safeguarding financial transaction. Identifying fraud transaction and real transactions and telling that is it fraud or real. Traditional methods for credit card fraud detection rely on basic statistical techniques .credit card remains a significant challenge in the financial industry .It rely on machine learning algorithms .Fraud detection very useful for financial institution and consumers worldwide .particularly logistic regression, has emerged as a potent tool in identifying fraudulent transactions. It will consider the before amount ,after amount ,time, pin numbers based on that it will detect fraud transactions .This paper explores the application of logistic regression in credit card fraud detection , focusing on its implementation ,challenges and effectiveness .This project works for finding fraud transactions. Logistic Regression ,have shown promising results in detecting fraudulent transactions.