IDEAS home Printed from https://ideas.repec.org/a/gam/jmathe/v12y2024i24p3894-d1540763.html
   My bibliography  Save this article

Research on Small-Sample Credit Card Fraud Identification Based on Temporal Attention-Boundary-Enhanced Prototype Network

Author

Listed:
  • Boyu Liu

    (School of Innovation and Entrepreneurship, Hubei University of Economics, Wuhan 430205, China
    These authors contributed equally to this work.)

  • Longrui Wu

    (School of Computer Science and Technology, Tongji University, Shanghai 201804, China
    These authors contributed equally to this work.)

  • Shengdong Mu

    (Collaborative Innovation Center of Green Development in the Wuling Shan Region, Yangtze Normal University, Chongqing 408100, China)

Abstract

The Nielsen Report points out that credit card fraud caused business losses of USD 28.65 billion globally in 2019, with the US accounting for more than one-third of the high share, and that insufficient identification of credit card fraud has brought about a serious loss of financial institutions’ ability to do business. In small sample data environments, traditional fraud detection methods based on prototype network models struggle with the loss of time-series features and the challenge of identifying the uncorrected sample distribution in the metric space. In this paper, we propose a credit card fraud detection method called the Time-Series Attention-Boundary-Enhanced Prototype Network (TABEP), which strengthens the temporal feature dependency between channels by incorporating a time-series attention module to achieve channel temporal fusion feature acquisition. Additionally, nearest-neighbor boundary loss is introduced after the computation of the prototype-like network model to adjust the overall distribution of features in the metric space and to clarify the representation boundaries of the prototype-like model. Experimental results show that the TABEP model achieves higher accuracy in credit card fraud detection compared to five existing baseline prototype network methods, better fits the overall data distribution, and significantly improves fraud detection performance. This study highlights the effectiveness of open innovation methods in addressing complex financial security problems, which is of great significance for promoting technological advancement in the field of credit card security.

Suggested Citation

  • Boyu Liu & Longrui Wu & Shengdong Mu, 2024. "Research on Small-Sample Credit Card Fraud Identification Based on Temporal Attention-Boundary-Enhanced Prototype Network," Mathematics, MDPI, vol. 12(24), pages 1-16, December.
  • Handle: RePEc:gam:jmathe:v:12:y:2024:i:24:p:3894-:d:1540763
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2227-7390/12/24/3894/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2227-7390/12/24/3894/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Liu, Jinan & Serletis, Apostolos, 2022. "Credit Cards, The Demand For Money, And Monetary Aggregation," Macroeconomic Dynamics, Cambridge University Press, vol. 26(8), pages 2161-2203, December.
    2. Anjani Kumar & Vinay K. Sonkar & K. S. Aditya, 2023. "Assessing the Impact of Lending Through Kisan Credit Cards in Rural India: Evidence from Eastern India," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 35(3), pages 602-622, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Feng, Dawei & Zeng, Bing & Hu, Haoyu, 2023. "Access to credit cards and household labor participation: Evidence from China," Finance Research Letters, Elsevier, vol. 58(PD).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jmathe:v:12:y:2024:i:24:p:3894-:d:1540763. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.