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Credit Card Fraud Detection

This repository houses the Credit Card Fraud Detection project, an advanced analytical tool designed to identify and prevent fraudulent transactions in credit card data. Utilizing state-of-the-art machine learning algorithms, this project aims to enhance security measures by accurately distinguishing between legitimate and fraudulent activities.

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Getting Started

To clone and run this project, you'll need to have Python installed on your machine. Follow these steps to get your development environment set up:

git clone https://github.com/AvanAvi/credit-card-fraud-detection-backdrop-prototype.git
cd credit-card-fraud-detection-backdrop-prototype

Prerequisites

Ensure you have the following libraries installed:

  • numpy
  • pandas
  • matplotlib
  • seaborn
  • sklearn
  • scipy

You can install these packages using pip:

pip install numpy pandas matplotlib seaborn scikit-learn scipy

Dataset

The dataset used in this project (creditcard.csv) contains transactions made by credit cards, where each transaction is labeled as fraudulent or legitimate. Note: The dataset is a simplified representation for educational purposes.

Analysis Workflow

  1. Data Preprocessing: Cleansing and preparing the data for analysis.
  2. Exploratory Data Analysis (EDA): Visualizing and understanding the dataset through histograms and correlation matrices.
  3. Feature Engineering: Selecting and transforming variables to improve model performance.
  4. Model Training: Utilizing Isolation Forest and Local Outlier Factor algorithms to identify outliers (fraudulent transactions).
  5. Evaluation: Assessing the model's performance through accuracy scores and classification reports.

Usage

To run the fraud detection analysis, execute the fraud_detection.py script:

python fraud_detection.py

This will trigger the data preprocessing steps, followed by the EDA, model training, and evaluation phases, outputting the performance metrics of the models.

Acknowledgments

  • Hat tip to anyone whose code was used
  • Inspiration
  • Coffee and Coffee and Coffee..
  • etc.

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