Detecting Fraudulent Bank Account Based on Convolutional Neural Network with Heterogeneous Data

Abstract

Detecting fraudulent accounts by using their transaction networks is helpful for proactively preventing illegal transactions in financial scenarios. In this paper, three convolutional neural network models, i.e., NTD‐CNN, TTD‐CNN, and HDF‐CNN, are created to identify whether a bank account is fraudulent. The three models, same in model structure, are different in types of the input features. Firstly, we embed the bank accounts’ historical trading records into a general directed and weighted transaction network. And then, a DirectedWalk algorithm is proposed for learning an account’s network vector. DirectedWalk learns social representations of a network’s vertices, by modeling a stream of directed and time‐related trading paths. The local topological feature, generating by accounts’ network vector, is taken as input of NTD‐CNN, and TTD‐CNN takes time series transaction feature as input. Finally, the two kinds of heterogeneous data, being integrated into a novel feature matrix, are fed into HDF‐CNN for classifying bank accounts. The experimental results, conducted on a real bank transaction dataset, show the advantage of HDF‐CNN over the existing methods.