Credit Card Fraud Detection and Analysis

In today’s digital world, cybersecurity plays a crucial part. Whenever someone talks about security in the digital world, the main task is to recognize abnormal activity. Whenever someone makes any transaction online, a high percentage of people prefer credit cards. The credit limits we set helps the user make purchases even if they can’t afford the product at the current moment. These features can be misused by cyber attackers.It is necessary for credit card providers to identify fraudulent transactions so that customers are not charged unnecessarily. This paper will provide an approach using machine learning algorithms to detect anomalous transactions.