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Training Workflow Fraud Detection

Integrated deployment Continous Model monitoring Fraud detection Deployment
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In this simple example a Random Forest model has been trained to detect potential Fraud Transactions. To train the model it has been generated one year of data (current date to +1 year) following the "Reproducible Machine Learning for Credit Card Fraud Detection - Practical Handbook". We opted to keep simple the model, for this reason we are arbitrary labeling as Fraud transactions the 99 percentile of trained dataset. Then we have applied an artificially inflation to our future transactions to be sure that our model needs to retrain after a certain number of iterations.

External resources

  • Transaction data simulator
  • An Introduction to Integrated Deployment

Used extensions & nodes

Created with KNIME Analytics Platform version 4.6.1 Note: Not all extensions may be displayed.
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    KNIME Base nodes Trusted extension

    KNIME AG, Zurich, Switzerland

    Version 4.6.1

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    KNIME Database Trusted extension

    KNIME AG, Zurich, Switzerland

    Version 4.6.1

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    KNIME Ensemble Learning Wrappers Trusted extension

    KNIME AG, Zurich, Switzerland

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    KNIME Integrated Deployment Trusted extension

    KNIME AG, Zurich, Switzerland

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    KNIME Javasnippet Trusted extension

    KNIME AG, Zurich, Switzerland

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    KNIME JSON-Processing Trusted extension

    KNIME AG, Zurich, Switzerland

    Version 4.6.1

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