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A Layered Approach to Fraud Analytics for NFC-Enabled Mobile Payment System

  • Pinki Prakash Vishwakarma
  • Amiya Kumar Tripathy
  • Srikanth Vemuru
Conference paper
Part of the Lecture Notes in Computer Science book series (LNCS, volume 10722)

Abstract

Near Field Communication is the technology that will remain widespread in continual with the growth of smart phone influx [1, 10, 12, 15]. Moreover, people use smart phone’s to imperforate their mobile banking activities which in turn results in fraudulent activities. The fast growing use of electronic payments has increased the demand for emphatic, decisive and real time based method for fraud detection and prevention. To prevent fraudulent transaction a layered approach for NFC-enabled mobile payment system is proposed. The layered approach for fraud analytic will provide a solution based on transaction risk-modeling, business rule-based, and cross-field referencing.

Keywords

Near Field Communication Mobile payment Fraud analytics 

Notes

Acknowledgments

The authors thank our colleagues from K L University who provided knowledge and encouragement that eminently assisted the research carried by us.

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Copyright information

© Springer International Publishing AG 2018

Authors and Affiliations

  • Pinki Prakash Vishwakarma
    • 1
  • Amiya Kumar Tripathy
    • 2
    • 3
  • Srikanth Vemuru
    • 1
  1. 1.Department of Computer Science and EngineeringK L UniversityGunturIndia
  2. 2.Department of Computer EngineeringDon Bosco Institute of TechnologyMumbaiIndia
  3. 3.School of ScienceEdith Cowan UniversityPerthAustralia

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