UPI Fraud Detection Using Machine Learning | Machine Learning Projects 2023 2024
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ABSTRACT
People can use UPIs for online transactions as it provides an efficient and easy-to-use facility. With the increase in usage of UPIs, the capacity of UPI misuse has also enhanced. UPI frauds cause significant financial losses for both UPI holders and financial companies. In this Project, the main aim is to detect such frauds, including the accessibility of public data, high-class imbalance data, the changes in fraud nature, and high rates of false alarm. The main focus has been to apply the recent development of Machine Learning algorithms for this purpose. We have created 5 Algorithms to detection the UPI Fraud and evaluated results Based on that.
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