Graph Neural Networks to Detect Fraud in Real-Time Payment Systems
Keywords:
Graph Neural Networks, fraud detection, real-time payment systems, payment securityAbstract
Real time payment system transformed fin tech but on the other side, it also increases fraud. Traditional detection approaches are ineffective as modern financial fraud schemes gets more complicated. To detect the new age fraud system nowadays, machine learning technologies like graph neural network is used which may improve the detection in financial system. The objective of this research paper is to examine the complicated transaction data connections in the real time payment system, by the help of GNN which help in fraud detection, accuracy and speed, but the downside is its deployment is tough.
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