algoliaMachine Learning

Algorithms .. Credit Card Fraud

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Introduction

A typical organization loses an estimated 5% of its yearly revenue to fraud.

In this lab we're going to:

  • use TPOT (AutoML) to automatically discover well-performing models.

  • apply supervised learning algorithms to detect fraudulent behavior based upon past fraud.

  • use unsupervised learning methods to discover new types of fraud activities.

Fraudulent transactions are rare compared to the norm. As such, learn to properly classify imbalanced datasets.

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Lab Overview

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