arXiv:2606. 17555v1 Announce Type: cross Abstract: Banks simultaneously face signature-based fraud (card-not-present attacks, account takeover, ATM cloning) and behavioural financial crime (structuring, layering, mule networks, business email compromise) -- two threat families with fundamentally different detection requirements.
By Joseph Walusimbi, Joshua Benjamin Ssentongo
arXiv:2606. 10393v1 Announce Type: new Abstract: Credit-card fraud detection is difficult because fraudulent transactions are rare, costly, and unevenly distributed.
By Xiao Han, Chenyu Wu
arXiv:2607. 19266v1 Announce Type: cross Abstract: Fraud detection systems must scale with rising transaction volume while remaining explainable and reviewable.
By Rahil Sharma
arXiv:2607. 19350v1 Announce Type: new Abstract: Financial institutions face significant challenges in detecting sophisticated money laundering patterns, such as smurfing and layering, due to extreme data imbalance (0.
By Mariam Zakaria Moussa Ali
arXiv:2607. 13469v1 Announce Type: cross Abstract: The banking sector increasingly relies on automated systems to monitor electronic transactions for signs of fraud, yet conventional rule-based approaches struggle with high false-positive rates and offer no justification for their outputs, limiting their utility for compliance teams.
By Anupa Lodhi
arXiv:2607. 00477v1 Announce Type: new Abstract: A total of seven categorical encoding methods were tested on the IEEE-CIS fraud benchmark dataset (590,540 records, 3.
By Xiao Han, Jingjing Liu, Moxuan Zheng, Zhen Zhang, Chenyu Wu