An Approach To Detect Credit Card Fraudulence Using HMM Model

Online payments or electronic payments nowadays are provided with maximum security, even though, they are not free from flaws. One of the major e-transactions that face threats is while using credit/debit cards. If the cardholder does not know that his/her card is threatened by a third party, there is a chance that the particular card being misused. So, there is a dire need to reduce security threats. In this research SVM, and HMM algorithms are compared and analyzed.