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The-Data-Alchemists-Manipal / MindWave

MindWave is an open-source project designed for beginners to learn about data science, machine learning, deep learning, and reinforcement learning algorithms using Python. The project offers a platform for implementing relevant algorithms, with open-source tools and libraries.
MIT License
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Fraud Detection Using Self-Organizing Maps #610

Closed ayush-09 closed 1 year ago

ayush-09 commented 1 year ago

Introduction

This project aims to develop a fraud detection system using Self-Organizing Maps (SOM), an artificial neural network algorithm. The system will analyze credit card application data to identify fraudulent patterns and improve fraud prevention measures.

Objectives

Implement a fraud detection system using the SOM algorithm. Preprocess credit card application data for training the SOM. Train the SOM model to identify fraudulent and non-fraudulent patterns. Visualize the SOM results to gain insights into fraud distribution. Evaluate the system's performance in terms of accuracy, precision, recall, and F1-score.

ayush-09 commented 1 year ago

@khusheekapoor Please assign this to me

khusheekapoor commented 1 year ago

@ayush-09 - you can go ahead! We are assigning you 21 days for this project, after which it will be assigned to someone else if not completed. All the best! Name the file as: algorithm_dataset.ipynb and link it in the readme of the labeled directory as algorithm - dataset.