Advanced Payment Security System:XGBoost, CatBoost and SMOTE Integrated

With the rise of various online and mobile payment systems, transaction fraud has become a significant threat to financial security. This study explores the application of advanced machine learning models, specifically XGBoost and LightGBM, for developing a more accurate and robust Payment Security Protection Model.To enhance data reliability, we meticulously processed the data sources and used SMOTE (Synthetic Minority Over-sampling Technique) to address class imbalance and improve data representation. By selecting highly correlated features, we aimed to strengthen the training process and boost model performance.We conducted thorough performance evaluations of our proposed models, comparing them against traditional methods including Random Forest, Neural Network, and Logistic Regression. Key metrics such as Precision, Recall, and F1 Score were used to rigorously assess their effectiveness.Our detailed analyses and comparisons reveal that the combination of SMOTE with XGBoost and LightGBM offers a highly efficient and powerful mechanism for payment security protection. The results show that these models not only outperform traditional approaches but also hold significant promise for advancing the field of transaction fraud prevention.

Credit Card Fraud Detection Using Advanced Transformer Model

With the proliferation of various online and mobile payment systems, credit card fraud has emerged as a significant threat to financial security. This study focuses on innovative applications of the latest Transformer models for more robust and precise fraud detection. To ensure the reliability of the data, we meticulously processed the data sources, balancing the dataset to address the issue of data sparsity significantly. We also selected highly correlated vectors to strengthen the training process.To guarantee the reliability and practicality of the new Transformer model, we conducted performance comparisons with several widely adopted models, including Support Vector Machine (SVM), Random Forest, Neural Network, and Logistic Regression. We rigorously compared these models using metrics such as Precision, Recall, and F1 Score. Through these detailed analyses and comparisons, we present to the readers a highly efficient and powerful anti-fraud mechanism with promising prospects. The results demonstrate that the Transformer model not only excels in traditional applications but also shows great potential in niche areas like fraud detection, offering a substantial advancement in the field.