Harsh-Gadhavi/Credit-card-fraud-detection-using-machine-learning

reducing financial losses for cardholders, merchants, and financial institutions. Protecting Consumers: Credit card fraud detection systems aim to protect consumers from unauthorized transactions and identity theft, safeguarding their financial well-being and maintaining trust in electronic payment systems.

The Credit Card Fraud Detection Project has shown promising results in recognizing and classifying fraudulent transactions from credit card data. The system’s ability to detect patterns, identify anomalies, and classify transactions correctly has been tested thoroughly. However, the system’s performance under various conditions such as high transaction volumes, rapid transaction rates, and different user behaviors needs further evaluation.