Fraud detection and prediction with machine learning applications

The main purpose of this study is to determine the fraudulent activities on transactions of the customers of a company that is active in the factoring sector, and accordingly, to capture measurable parameters with exploratory data analysis based on the historical transaction and connection data of the customers, and then to perform predictive models for the target. A hit rate of around 79% was achieved in XGBoost and CATBoost models, which are classification model algorithms. In this way, it is aimed to directly detect fraudulent activities on a trasnaction basis by acting in a more effective, efficient and correct approach after detecting the customer that shows high potential to make fraud.