Understanding the Credit Card Transactions Dataset
The dataset used in this project contains historical credit card transaction records collected from European cardholders. It includes both genuine and fraudulent transactions, making it suitable for binary classification tasks.
To protect customer privacy, most transaction features have been transformed using Principal Component Analysis (PCA) and are represented as anonymized variables.
Some important columns include:
Column | Description |
| Time | Time elapsed since the first recorded transaction |
| V1 – V28 | Anonymized numerical features generated using PCA |
| Amount | Monetary value of the transaction |
| Class | Target variable (0 = Genuine, 1 = Fraudulent) |
The Class column is the prediction target used to train the classification model.
One of the main challenges of this dataset is class imbalance, as fraudulent transactions account for only a very small percentage of the total records.
Credit Card Fraud Detection for Beginners using Data Science
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