International Journal of Computer Applications |
Foundation of Computer Science (FCS), NY, USA |
Volume 135 - Number 10 |
Year of Publication: 2016 |
Authors: N. Sivakumar, R. Balasubramanian |
10.5120/ijca2016908520 |
N. Sivakumar, R. Balasubramanian . Enhanced Anomaly Detection in Imbalanced Credit Card Transactions using Hybrid PSO. International Journal of Computer Applications. 135, 10 ( February 2016), 28-32. DOI=10.5120/ijca2016908520
Anomaly detection is one of the major requirements of the current age that witnesses a huge increase in online transactions. Data imbalance also poses a huge challenge in the detection process. This paper presents a hybrid metaheuristic algorithm that performs effective anomaly detection on highly imbalanced data. Particle Swarm Optimization is used as the operating algorithm. This algorithm is hybridized by modifying the probabilistic selection using Simulated Annealing. A comparison study was carried out and it was observed that the simulated annealing based PSO showed much prominence when operated on both dominant and submissive data.