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Payment-Fraud-Detection

The goal of this project is to detect anomalies presented in Online payment transactions and classifies transactions as fraudulent and not.

  • Statistically and Analytically analyzed the data and using BenfordsLaw detected the presence of anomalies in the data.
  • Compared different anomaly detection models based on the anomaly detection performance and separated anomalies presented using iForest Algorithm.
  • Utilizing Classification algorithms, classified fraudulent transactions from non-fraudulent transactions for future detection of frauds. Acquired Classification Accuracy of 99% with LighGBM Algorithm.
  • Created Preprocessing including balancing data using SMOTE and modeling Pipeline using Pycaret Opensource Library.
  • Transferred models and pipeline to Tableau for detecting anomalies in the future data and to Build a dashboard using Tableau.

Tools Used:

  • Python Packages: Pandas, Seaborn, Matplotlib, Pycaret
  • Anomaly Detection Model : iForest,knn,SVM,Cluster
  • Classification Model : LightGBM
  • Tableau

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