Research Article

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

Table 5

Outcomes of the proposed algorithm and the three other algorithms (BSVM, GSVM, and GASVM) based on various parameters such as PPV, TPR, f-measure, accuracy, error rate, experimental time, and best-selected feature (FS).

ParametersFFSVMBSVMGSVMGASVM

PPV0.7950.8150.8150.798
TPR0.9120.8730.8730.886
f-measure0.8500.8430.8430.840
Accuracy85.65%85.50%85.51%84.93%
Error rate14.34%14.50%14.49%15.07%
Exp. time0.830.320.220.34
FS7777