LibAUC: A Deep Learning Library for X-Risk Optimization

Detecting Frauds in Online Transactions using Anamoly Detection Techniques Such as Over Sampling and Under-Sampling as the ratio of Frauds is less than 0.00005 thus, simply applying Classification Algorithm may result in Overfitting

Trying to recogize and predict fraud in financial transactions is a good example of binary classification analysis. A transaction either is fraudulent, or it is genuine. What makes fraud detection especially challenging is the is the highly imbalanced distribution between positive (genuine) and negative (fraud) classes.