Poster: A deep learning method for fraud detection in financial systems

Mahmut Ögrek; Eyüp Ögrek; Serif Bahtiyar

doi:10.1145/3317549.3326299

Poster: A deep learning method for fraud detection in financial systems

Mahmut Ögrek, Eyüp Ögrek, Serif Bahtiyar^*

^*Corresponding author for this work

Department of Computer Engineering

Istanbul Technical University

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

1 Citation (Scopus)

Abstract

Credit card fraud has been a significant challenge ever since forgers have been inventing new ways to steal money. Thus, adaptive fraud detection methods are required to counter the forgers. Deep learning methods have been attractive candidates because of their adaptive nature to detect emerging credit card frauds. In this paper, we propose a deep learning method to adaptively detect credit card frauds by using neural networks. We experimentally evaluated our model with Kaggle dataset. The analyses results show that our methods adaptively detect credit card frauds.

Original language	English
Title of host publication	WiSec 2019 - Proceedings of the 2019 Conference on Security and Privacy in Wireless and Mobile Networks
Publisher	Association for Computing Machinery, Inc
Pages	298-299
Number of pages	2
ISBN (Electronic)	9781450367264
DOIs	https://doi.org/10.1145/3317549.3326299
Publication status	Published - 15 May 2019
Event	12th Conference on Security and Privacy in Wireless and Mobile Networks, WiSec 2019 - Miami, United States Duration: 15 May 2019 → 17 May 2019

Publication series

Name	WiSec 2019 - Proceedings of the 2019 Conference on Security and Privacy in Wireless and Mobile Networks

Conference

Conference	12th Conference on Security and Privacy in Wireless and Mobile Networks, WiSec 2019
Country/Territory	United States
City	Miami
Period	15/05/19 → 17/05/19

Bibliographical note

Publisher Copyright:
© 2019 Copyright held by the owner/author(s).

Funding

This work is supported by Istanbul Technical University under the BAP project, number MAB-2017-40642.

Funders	Funder number
Istanbul Teknik Üniversitesi	MAB-2017-40642

Keywords

Financial system
Fraud detection
Neural networks
Security

Access to Document

10.1145/3317549.3326299

Cite this

Ögrek, M., Ögrek, E., & Bahtiyar, S. (2019). Poster: A deep learning method for fraud detection in financial systems. In WiSec 2019 - Proceedings of the 2019 Conference on Security and Privacy in Wireless and Mobile Networks (pp. 298-299). (WiSec 2019 - Proceedings of the 2019 Conference on Security and Privacy in Wireless and Mobile Networks). Association for Computing Machinery, Inc. https://doi.org/10.1145/3317549.3326299

Ögrek, Mahmut ; Ögrek, Eyüp ; Bahtiyar, Serif. / Poster : A deep learning method for fraud detection in financial systems. WiSec 2019 - Proceedings of the 2019 Conference on Security and Privacy in Wireless and Mobile Networks. Association for Computing Machinery, Inc, 2019. pp. 298-299 (WiSec 2019 - Proceedings of the 2019 Conference on Security and Privacy in Wireless and Mobile Networks).

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title = "Poster: A deep learning method for fraud detection in financial systems",

abstract = "Credit card fraud has been a significant challenge ever since forgers have been inventing new ways to steal money. Thus, adaptive fraud detection methods are required to counter the forgers. Deep learning methods have been attractive candidates because of their adaptive nature to detect emerging credit card frauds. In this paper, we propose a deep learning method to adaptively detect credit card frauds by using neural networks. We experimentally evaluated our model with Kaggle dataset. The analyses results show that our methods adaptively detect credit card frauds.",

keywords = "Financial system, Fraud detection, Neural networks, Security",

author = "Mahmut {\"O}grek and Ey{\"u}p {\"O}grek and Serif Bahtiyar",

note = "Publisher Copyright: {\textcopyright} 2019 Copyright held by the owner/author(s).; 12th Conference on Security and Privacy in Wireless and Mobile Networks, WiSec 2019 ; Conference date: 15-05-2019 Through 17-05-2019",

year = "2019",

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doi = "10.1145/3317549.3326299",

language = "English",

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Ögrek, M, Ögrek, E & Bahtiyar, S 2019, Poster: A deep learning method for fraud detection in financial systems. in WiSec 2019 - Proceedings of the 2019 Conference on Security and Privacy in Wireless and Mobile Networks. WiSec 2019 - Proceedings of the 2019 Conference on Security and Privacy in Wireless and Mobile Networks, Association for Computing Machinery, Inc, pp. 298-299, 12th Conference on Security and Privacy in Wireless and Mobile Networks, WiSec 2019, Miami, United States, 15/05/19. https://doi.org/10.1145/3317549.3326299

Poster: A deep learning method for fraud detection in financial systems. / Ögrek, Mahmut; Ögrek, Eyüp; Bahtiyar, Serif.
WiSec 2019 - Proceedings of the 2019 Conference on Security and Privacy in Wireless and Mobile Networks. Association for Computing Machinery, Inc, 2019. p. 298-299 (WiSec 2019 - Proceedings of the 2019 Conference on Security and Privacy in Wireless and Mobile Networks).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

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AB - Credit card fraud has been a significant challenge ever since forgers have been inventing new ways to steal money. Thus, adaptive fraud detection methods are required to counter the forgers. Deep learning methods have been attractive candidates because of their adaptive nature to detect emerging credit card frauds. In this paper, we propose a deep learning method to adaptively detect credit card frauds by using neural networks. We experimentally evaluated our model with Kaggle dataset. The analyses results show that our methods adaptively detect credit card frauds.

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Ögrek M, Ögrek E, Bahtiyar S. Poster: A deep learning method for fraud detection in financial systems. In WiSec 2019 - Proceedings of the 2019 Conference on Security and Privacy in Wireless and Mobile Networks. Association for Computing Machinery, Inc. 2019. p. 298-299. (WiSec 2019 - Proceedings of the 2019 Conference on Security and Privacy in Wireless and Mobile Networks). doi: 10.1145/3317549.3326299

Poster: A deep learning method for fraud detection in financial systems

Abstract

Publication series

Conference

Bibliographical note

Funding

Keywords

Access to Document

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