ORCID Identifier(s)

ORCID 0009-0007-2603-5833

Document Type

Article

Abstract

Credit card fraud detection is a critical task in financial systems, especially given the rarity and evolving nature of the fraudulent behavior. The highly imbalanced class levels of the fraudulent and non-fraudulent transactions make it a challenging classification problem to solve. This study investigates the effectiveness of machine learning models: Logistic Regression, XGBoost, and Multi-Layer Perceptron (Neural Network), evaluated under temporal retraining and fine-tuning scenarios using a publicly available, highly imbalanced dataset of European credit card transactions. The dataset includes 284,807 transactions, of which only 492 (0.172%) are labeled as fraudulent, making it a well-known example of an imbalanced classification problem. The models are evaluated using metrics including precision-recall AUC, ROC-AUC, and class-specific precision and re-call—emphasizing capturing minority fraud cases. The research indicated that temporal retraining preserves or improves recall over time, while fine-tuning enables neural networks to adapt incrementally without the requirement of full training. Among the three models, XGBoost demonstrates the best balance of precision and recall across all setups. These findings highlight the value of continual learning strategies in real-world fraud detection pipelines.

Disciplines

Artificial Intelligence and Robotics | Computer Sciences | Data Science

Publication Date

2025

Language

English

Share

COinS
 
 

To view the content in your browser, please download Adobe Reader or, alternately,
you may Download the file to your hard drive.

NOTE: The latest versions of Adobe Reader do not support viewing PDF files within Firefox on Mac OS and if you are using a modern (Intel) Mac, there is no official plugin for viewing PDF files within the browser window.