Chapter 8:Graph Analysis for Credit Card Transactions

Analysis of financial data is one of the most common and important domains in big data and data analysis. Indeed, due to the increasing number of mobile devices and the introduction of a standard platform for online payment, the amount of transactional data that banks are producing and consuming is increasing exponentially.

As a consequence, new tools and techniques are needed to exploit as much as we can from this huge amount of information in order to better understand customers' behavior and support data-driven decisions in business processes. Data can also be used to build better mechanisms to improve security in the online payment process. Indeed, as online payment systems are becoming increasingly popular due to e-commerce platforms, at the same time, cases of fraud are also increasing. An example of a fraudulent transaction is a transaction performed with a stolen credit card. Indeed, in this case, the fraudulent...