What do we do?
Our project is aimed at improving the accuracy of fraud detection in banking transactions by using accurate machine learning models and innovative ML/AI weighted average systems.
A multi-model fraud detection suite built to redefine customer security.
Our project is aimed at improving the accuracy of fraud detection in banking transactions by using accurate machine learning models and innovative ML/AI weighted average systems.
One of our team members recently received this suspicious charge to their bank account. Luckily, it was marked as suspicious by the bank and the transaction never went through, but this got us thinking: how much fraud slips through the cracks? Thus, our mission statement and goal: to improve fraud detection through a more comprehensive algorithm.
Through the innovative use of a weighted averaging technique with a number of powerful machine learning algorithms, we are able to mitigate the weaknesses of each algorithm, and play to the strengths of the models. By combining k-nearest neighbors (KNN), logistic regression (LR), decision trees (DT), and random forest (RF), we are able to generate a robust and accurate bank transaction fraud detection model.
We employ a blend of advanced machine learning models, offering customers
a highly effective tool for identifying fraudulent activities.
⚠ Currently Under Development ⚠