Course curriculum

    1. 1. Course Introduction & Business Context

    2. Course Materials

    3. 2. Data Sources

    4. 3. Remove Punctuation, Stopwords - Understands CountVectorizer & TF-IDFVectorizer

    5. 4. Fraud Detection Data Modelling - CountVectorizer and Naive Bayes

    6. 5. Fraud Detection Data Modelling - Random Forest Classifier with TF-IDF

    7. 6. Fraud Detection Data Modelling - Logistic Regression with TF-IDF Features

    8. 7. Fraud Detection Data Modelling - Gradient Boosting Classifier with TF-IDF Features

    1. Bonus!

About this course

  • $9.90
  • 9 lessons
  • 1 hour of video content

Fraud Detection - Flagging Suspicious Transactions with NLP Techniques

Empowering businesses to detect anomalies and prevent financial losses through advanced text analysis techniques

๐Ÿ’ก What You'll Learn

  • ๐Ÿ“˜ NLP Fundamentals: Understand how Natural Language Processing (NLP) applies to fraud detection.
  • ๐Ÿ”ง Tools & Techniques: Master CountVectorizer, TF-IDF, and machine learning models.
  • ๐Ÿ” Preprocessing Skills: Learn to clean transaction data for anomaly detection.
  • ๐Ÿ› ๏ธ Practical Modeling: Build, train, and evaluate fraud detection models using real-world data.
  • ๐Ÿ“Š Metrics Mastery: Evaluate models using accuracy, precision, recall, and F1-score.

โš™๏ธ Requirements

  • ๐Ÿ‘ฉโ€๐Ÿ’ป Basic Python Skills: Familiarity with Python programming.
  • ๐Ÿ“Š Data Basics: Understanding of datasets and common preprocessing tasks.
  • ๐Ÿง  Enthusiasm to Learn: A desire to apply data science to real-world problems.

๐Ÿ“œ Description

This course equips you with tools to flag suspicious transactions by applying NLP techniques.

  • ๐Ÿšฉ Real-world Focus: Learn from actual fraud scenarios.
  • ๐Ÿ”— Integration: Combine text analysis with advanced machine learning.
  • ๐ŸŒŸ Career Growth: Build a strong foundation for fraud detection roles in finance or data science.

๐Ÿ‘ฅ Who This Course is For

  • ๐Ÿ’ผ Business Analysts: Detect patterns in transaction data.
  • ๐Ÿง‘โ€๐Ÿ’ป Data Scientists: Expand your NLP toolkit.
  • ๐Ÿ’ณ Fraud Prevention Teams: Gain insights into modern fraud techniques.
  • ๐Ÿ“ˆ Aspiring Professionals: Launch a career in data-driven fraud detection.

๐Ÿ” Key Topics Covered

  1. Text Preprocessing:
    • โœ‚๏ธ Removing punctuation.
    • ๐Ÿ›‘ Eliminating stopwords.
    • ๐Ÿงน Standardizing text formats.
  2. Feature Engineering:
    • ๐Ÿงฎ Tokenization with CountVectorizer.
    • ๐Ÿ“ˆ Weighting terms using TF-IDF.
  3. Modeling Techniques:
    • ๐Ÿ“Š Naive Bayes Classifier for fast predictions.
    • ๐ŸŒณ Random Forest for robust detection.
    • โž— Logistic Regression for linear insights.
    • ๐Ÿ”„ Gradient Boosting for high accuracy.
  4. Evaluation Metrics:
    • โœ… Accuracy, precision, recall, F1-score.
    • ๐Ÿ—บ๏ธ Confusion Matrix visualization.

๐Ÿ›  Tools You'll Use

  • ๐Ÿ Python for programming.
  • ๐Ÿ“š Libraries: Scikit-learn, Pandas, NLTK, Joblib...
  • ๐Ÿ“ Techniques: NLP, machine learning, feature engineering.

Discover your potential, starting today