Abstract
The rapid advancement of technology in the modern banking sector has introduced numerous benefits, such as seamless transactions and enhanced customer experiences. However, this progress has also led to the rise of increasingly sophisticated forms of financial fraud, putting both financial institutions and their customers at risk. Credit card numbers and bank accounts allow holders to make transactions for goods and services, but as everything becomes more digitized, the potential for misuse and fraudulent activity also grows. This makes it crucial for credit card companies and banks to identify fraudulent transactions, preventing customers from being charged for items they did not purchase.