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Early Detecting Credit Card Frauds
Jan. 5, 2022, 8:04 p.m. | Thales M. Meier
Towards Data Science - Medium towardsdatascience.com
Applying a Machine Learning model to actively test and classify transactions as valid or not
Image by authorIntroduction
The idea behind the credit card technology actually dates back to the late 1800s, and comes from an utopian novel called Looking Backward, by Edward Bellamy (Wikipedia). However, we’d only begin to see anything like that in the 20th century, but nothing compared to what we have nowadays.
The fact is that credit cards have revolutionized the way we …
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