The detection of fraudulent activities in credit cards transactions presents a significant challenge due to the constantly changing and unpredictable tactics used by fraudsters, who take advantage of technological advancements to evade security measures and cause substantial financial harm. In this paper, we suggested a machine learning based methodology to detect fraud in credit cards. The suggested method contains four key phases, including data normalization, data preprocessing, feature selection, classification. For classification artificial neural network, decision tree, logistic regression, naive bayes, random forest while for feature selection particle swarm optimization is employed. With the use of a dataset created from European cardholders, the suggested method was tested. The experimental results show that the suggested method beats the other machine learning techniques and can successfully classify frauds with a high detection rate.
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