Financial Fraud Detection Approach Based on Firefly Optimization Algorithm and Support Vector Machine

<div>Classification of credit card transactions as correctly classified instances (CCI) and incorrectly classified instances (ICI). The outcomes show that the proposed approach has performed well, with the highest correctly classified instances of 591 and incorrectly classified instances of 99 over 690 CC applications than the three different hybrid algorithms.</div>

Applied Computational Intelligence and Soft Computing

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Figure 7

Figure 7: Financial Fraud Detection Approach Based on Firefly Optimization Algorithm and Support Vector Machine 