A layered approach to fraud analytics for NFC-enabled mobile payment system
School of Science
Near Field Communication is the technology that will remain widespread in continual with the growth of smart phone influx [1, 10, 12, 15]. Moreover, people use smart phone’s to imperforate their mobile banking activities which in turn results in fraudulent activities. The fast growing use of electronic payments has increased the demand for emphatic, decisive and real time based method for fraud detection and prevention. To prevent fraudulent transaction a layered approach for NFC-enabled mobile payment system is proposed. The layered approach for fraud analytic will provide a solution based on transaction risk-modeling, business rule-based, and cross-field referencing
Vishwakarma, P. P., Tripathy, A. K., & Vemuru, S. (2018, January). A Layered Approach to Fraud Analytics for NFC-Enabled Mobile Payment System. In International Conference on Distributed Computing and Internet Technology (pp. 127-131). Springer, Cham. Available here.