The rate of credit card fraud alerts is rising, according to Deloitte, often inconveniencing consumers. New shopping patterns, spending on big-ticket items, and lack of use of monitoring services, ...

They aim at finding an optimal attribute reduct using rough set theory and then using these attributes to train an ANN system which would then carry out the credit card fraud detection.

With billions of credit card transactions processed daily, there is opportunity for fraudulent activity, or perceived fraudulent activity, to slip in. And it does: Each year, hundreds of millions ...