Proceedings of the Korea Inteligent Information System Society Conference (한국지능정보시스템학회:학술대회논문집)
- 2001.06a
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- Pages.293-304
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- 2001
An Evolutionary Computing Approach to Building Intelligent Frauds Detection Systems
- Kim, Jung-Won (University College of London) ;
- Peter Bentley (University College of London) ;
- Park, Jong-Uk (Sangmyung University)
- Published : 2001.06.01
Abstract
frauds detection is a difficult problem, requiring huge computer resources and complicated search activities. researchers have struggled with the problem. Even though a flew research approaches have claimed that their solution is much bettor than others, research community has not found 'the best solution'well fitting every fraud. Because of the evolving nature of the frauds, a Revel and self-adapting method should be devised. In this research a new approach is suggested to solving frauds in insurance claims and credit card transaction. Based on evolutionary computing approach, the method is itself self-adjusting and evolving enough to generate a new set of decision-making rules. We believe that this new approach will provide a promising alternative to conventional ones, in terms of computation performance and classification accuracy.
Keywords