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Anomaly Detection

Anomaly Detection

Anomaly Detection

(OP)
Hello All,

I am working on a school project, I am developing a credit-card fraud detection system. Right now I am in exploratory phase.

I know that I have to use classification model to detect outliers, but am confused about what technique to use..

I read about SVM, Neural networks, and few other techniques which are widely used for fraud detection. But I am confused about how to select the one which will be best suite my problem.

Can you point in the right direction as where to go forward... I am kind of stuck.

Cheers,
Ray

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