Due to the developing quantity of digital payments, the monetary
strain of credit-card fraud is turning into a great assignment for fi nancial establishments and service providers, for that reason forcing
them to always enhance their fraud detection systems.E-commerce is
becoming popular with online shopping, banking , financial institu tions and government. Fraudulent activity is leaving in many areas
of business and our daily lives. These activities are most common in
telecommunications, credit card fraud detection, network intrusion, fi nance and insurance, and scientific applications.Billions of dollars are
lost every day due to the increase in the number of credit card trans actions used online.The customary fraud detection model depends on
a static guidelines based framework, additionally alluded to as a cre ation or master framework. Despite the fact that these frameworks
have been compelling for quite a while, a portion of their significant
disservices makes them unsatisfactory for present-day advanced situ ations. Static guidelines put together framework is vigorously needy
with respect to human work. In any case, normally, top experts are
costly. Also, their work requires some serious energy. Likewise, even
top specialists make rules dependent on their insight, abilities, and
experience, which are constantly constrained. Such principles can
develop to gigantic sizes and get so mind-boggling that it’s about
outlandish for an outcast to comprehend them when required. Like-
wise, making another standard and actualizing it takes some time
when done by hand. Designing powerful and efficient fraud detec tion algorithms is the key to reducing transaction losses. Numerous
approaches to the detection of fraud have been implemented. Our
Proposed solution is Based on the logic regression algorithm using
3 method:The vanilla logistic regression,The logistic regression with
oversampling and the logistic regression with balanced weights and
we will see which method will give us the best false negative and false
positive rate .