Credit Card Fraud Detection and Prevention By Face Recognition

Abstract

Internet banking is now becoming the most commonly used form of banking transactions. Confidentiality can be compromised in the process of electronic purchases. We therefore introduced a new approach to prevent theft during online transactions in order to protect information through a two-step mechanism of authentication. The primary step of authentication is OTP verification. If the OTP has been checked, the face should be recognized. The details are collected and the authorization for both true and fraudulent transactions is submitted to the bank. The new credit card scanning device has beneficial characteristics such as certain health, user-friendliness, etc. The purpose of the application is to reduce credit card fraud by knowledge of the Face System. Customers get the most accessible and highly efficient electronic banking program.