Project Batch ID B5

Project Synopsis
Sub Code: 18UCSL703
[Registration Phase-1]

This report is the summary of project conception activity initiated in the Department of
Computer Science and Engineering Department of SDM College of Engineering and
Technology, Dharwad. This activity is a final year academic project for 9 credits during the
year 2022-23. The summary is listed below.

Project Title: Fraud Detection Using AIML

Project Group:

Email Id &
Sl. No USN NAME Signature
Mobile No.
1
2SD19CS005 Aditi R Dudalkar aditi.dudalkar@gmail.com
7899529475

2
2SD19CS079 Praveen K Pragya praveen.pragya1@gmail.com
6296617288

3
2SD19CS103 Shravani G Patil shravanipatil2917@gmail.com
8296574691

4
2SD19CS109 Sneha M Mogali snehammogali@gmail.com
8762101802

Mobile: 8884419591
GUIDE Prof. Anand S Pashupatimath Email:
anand.pashupatimath@gmail.com

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 Project Objectives: The objective of the project is to improvise the existing fraud detection
algorithms in detecting the fraud activities more effectively.

System Architecture:

Project Outcomes:
1. Fraudulent transactions are identified based on the fraudulent activity patterns that are stored in the
database.
2. Improving Fraud Detection Using AIML can help leverage fraud pattern detection thereby build a strong
layer of protection for the applications used by the organisations.

Project Scope :
1. Improving and learning the already based ideas on fraud detection
2. Learning new and efficient Machine Learning algorithms and implementing them.

a) Architecture: The quality of the data is improved through information gathering and
processing. Machine learning is utilized in this procedure to process the data in an efficient
manner. Analyzing and Detecting helps to detect the abnormal transactions by analyzing
the previously processed data and accumulated normal transaction patterns using
machine learning. In order to approve and block transactions that are deemed anomalous,
extra authentication is carried out while responding. The overall fraud detection system is
monitored via monitoring and auditing.

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 b) Product features: Detection of occurrence of fraud in an online transaction

c) Development Environment : Google colab

d) Expertise Required : Python, AIML.

e) Project Schedule :

f) Project Risk and Mitigation Plan : Need to identify different attack vectors and
countermeasures for detecting fraud.

g) References :
[1]. Hala Z Alenzi , Nojood O Aljehane, “International Journal of Advanced Computer Science
and Applications”.
[2] https://thecleverprogrammer.com/2020/08/04/fraud-detection-with-machine-learning/
[3] https://www.mastersindatascience.org/learning/machine-learning-algorithms/logistic-
regression/
[4] https://www.pentasecurity.com/blog/fraud-detection-system-fds-with-ai-technology/

Date: Signature
Of the Project Guide(s)/ Supervisor(s).
………………………………………………………………………………………………………………………………………………………………
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 Review Report
Put tick mark at appropriate box to indicate the status of acceptance.
Accepted the project proposal as it is. Name and Signature of the reviewer(s)
Accepted the project proposal with
suggested modifications.

Rejected

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