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📢Day 10/100: Class Imbalance Challenges
Class imbalance is a persistent issue in fraud detection and credit scoring. 🚨

In my dataset:

Fraudulent transactions are rare (<5%), making prediction tricky.
Techniques like SMOTE (Synthetic Minority Oversampling Technique) helped balance the dataset.
💡 Key Insight: Balancing the data improved model precision for rare classes like fraud detection.

💡 Question: What other methods do you use to address class imbalance without oversampling?

#DataChallenges #FraudDetection #CreditScoring #FintechInnovation



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📢Day 10/100: Class Imbalance Challenges
Class imbalance is a persistent issue in fraud detection and credit scoring. 🚨

In my dataset:

Fraudulent transactions are rare (<5%), making prediction tricky.
Techniques like SMOTE (Synthetic Minority Oversampling Technique) helped balance the dataset.
💡 Key Insight: Balancing the data improved model precision for rare classes like fraud detection.

💡 Question: What other methods do you use to address class imbalance without oversampling?

#DataChallenges #FraudDetection #CreditScoring #FintechInnovation

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Now safely in France with his spouse and three of his children, Kliuchnikov scrolls through Telegram to learn about the devastation happening in his home country. Multiple pro-Kremlin media figures circulated the post's false claims, including prominent Russian journalist Vladimir Soloviev and the state-controlled Russian outlet RT, according to the DFR Lab's report. Since January 2022, the SC has received a total of 47 complaints and enquiries on illegal investment schemes promoted through Telegram. These fraudulent schemes offer non-existent investment opportunities, promising very attractive and risk-free returns within a short span of time. They commonly offer unrealistic returns of as high as 1,000% within 24 hours or even within a few hours. "Like the bombing of the maternity ward in Mariupol," he said, "Even before it hits the news, you see the videos on the Telegram channels." "The argument from Telegram is, 'You should trust us because we tell you that we're trustworthy,'" Maréchal said. "It's really in the eye of the beholder whether that's something you want to buy into."
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