Explainable AI-Based Financial Fraud Detection Using Big Data Analytics: A Transparent and Adaptive Machine Learning Framework

Authors Ritu Akter¹, Atia Anika Tisha², Md. Najim Hossen³, Mehedi Hasan*⁴, Tasrif Ahamed Sabid⁵

Financial fraud is costly, causes significant economic losses and undermines confidence in the digital payment systems, while the best machine learning models for detection tend to be opaque and fail when fraudster activity shifts. In this study, we canvass a...