Train, Evaluate, Repeat: Building a Credit Card Fraud Detection System – Leela Senthil Nathan

Train, Evaluate, Repeat: Building a Credit Card Fraud Detection System – Leela Senthil Nathan

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Train, Evaluate, Repeat: Building a Credit Card Fraud Detection System – Leela Senthil Nathan
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PyData LA 2018

This talk covers three major ML problems that Stripe faced (and solved!) when creating its credit card fraud detection system: choosing fraud labels that work for all merchants, addressing the imbalance of class (legitimate charges greatly outnumber fraudulent charges) and perform a counterfactual evaluation (to measure performance and obtain training data when the ML system itself modifies the results).

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