News.Bank.001 News.Bank.001

Context

Introduction

The banking industry faces a growing threat from AI-enhanced fraud schemes that bypass traditional detection systems. TrustNet Bank, a mid-sized financial institution, serves both personal and small business custom

Role

The learner is a junior data analyst in TrustNet Bank’s fraud detection division. They are responsible for analyzing transaction data to identify anomalies and produce actionable risk assessments for the fraud investigation team.

Business Objectives

The task is to detect potentially fraudulent transactions in recent banking records. The learner’s role provides them access to relevant transaction data and the analytical tools necessary to build and refine detection models.

Products

The product is a fraud detection report and accompanying flagged-transaction dataset. It demonstrates successful achievement of the business objective by enabling investigators to act quickly on high-probability fraud cases.

Codebook

Key Features: Transaction ID: Unique identifier for each transaction, ensuring traceability. Sender Account ID: The account number of the transaction sender. Receiver Account ID: The account number of the transaction receiver. Transaction Amount: The monetary value involved in the transaction. Transaction Type: The type of transaction—Transfer, Withdrawal, or Deposit. Timestamp: The exact date and time the transaction occurred. Transaction Status: Indicates whether the transaction was successful or failed. Fraud Flag: A binary flag indicating whether the transaction was flagged as fraudulent. Geolocation (Latitude/Longitude): Geographic coordinates of the transaction, helpful for spatial analysis. Device Used: The type of device used for conducting the transaction (Mobile or Desktop). Network Slice ID: Identifies the 6G network slice used during the transaction. Latency (ms): The delay (in milliseconds) experienced during the transaction. Slice Bandwidth (Mbps): The bandwidth available in the network slice used for the transaction. PIN Code: A four-digit security code used for the transaction (masked for privacy).

Dataset

License

Tags

• CSV

Data Provenance

Originally published on Kaggle by user “ziya07,” containing synthetic banking transaction data generated for research and educational use.