Financial fraud detection based on machine learning: A systematic literature review

• Main Authors: Ali, Abdulalem, Abd. Razak, Shukor, Othman, Siti Hajar, Eisa, Taiseer Abdalla Elfadil, Al-Dhaqm, Arafat, Nasser, Maged, Elhassan, Tusneem, Elshafie, Hashim, Abdu Saif, Abdu Saif
• Format: Article
• Language: English
• Published: MDPI 2022
• Subjects: QA75 Electronic computers. Computer science
• Online Access: http://eprints.utm.my/id/eprint/100980/1/ShukorAbdRazak2022_FinancialFraudDetectionBasedonMachineLearning.pdf; http://eprints.utm.my/id/eprint/100980/; http://dx.doi.org/10.3390/app12199637
• Institution: Universiti Teknologi Malaysia

Financial fraud, considered as deceptive tactics for gaining financial benefits, has recently become a widespread menace in companies and organizations. Conventional techniques such as manual verifications and inspections are imprecise, costly, and time consuming for identifying such fraudulent acti...