Mining Big Data in statistical systems of the monetary financial institutions (MFIs)
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Publication Date: | 2018 |
Language: | eng |
Source: | Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) |
Download full: | http://hdl.handle.net/10362/98453 |
Summary: | Ashofteh, A. (2018). Mining Big Data in statistical systems of the monetary financial institutions (MFIs). Congress UPV. 2nd International Conference on Advanced Research Methods and Analytics (CARMA 2018) (Abstratcts). Editorial Universitat Politècnica de València . ISBN: 978-84-9048-689-4 (print version). DOI: http://dx.doi.org/10.4995/CARMA2018.2018.8742 |
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Mining Big Data in statistical systems of the monetary financial institutions (MFIs)Big DataArtificial dataImbalanced classificationMonetary financial institutionsAshofteh, A. (2018). Mining Big Data in statistical systems of the monetary financial institutions (MFIs). Congress UPV. 2nd International Conference on Advanced Research Methods and Analytics (CARMA 2018) (Abstratcts). Editorial Universitat Politècnica de València . ISBN: 978-84-9048-689-4 (print version). DOI: http://dx.doi.org/10.4995/CARMA2018.2018.8742The financial crisis prompted a number of statutory and supervisory initiatives that require great disclosure by financial firms of their data to a central system. Recently, core banking and payment systems data as a main big data sources of monetary financial Institutions (MFI’s) have been used to monitor different kind of risks, however distress situations for MFI’s are relatively infrequent events and as the same time under the pressure of rapid changes in compliance and rules. The very limited information for distinguishing dynamic fraud from genuine customer or monetary and financial institution behavior in an extremely sparse and imbalanced big data environment with probable change points in data distribution is making the instant and effective fraud detection and banking Big Data management more and more difficult and challenging. Being still a recent discipline, few research has been conducted on imbalanced classification for Big Data. The reasons behind this are mainly the difficulties in adapting standard techniques to the MapReduce programming style and inner problems of imbalanced data, namely lack of data, small disjuncts and data distribution changes. These are accentuated during the data partitioning to fit the MapReduce programming style and data mining process. This paper is going to summarize some technical problems of imbalanced data and artificial data for the adjustment of big data for MFI’s and to investigate how it can be made ready for implementationEditorial Universitat Politècnica de ValènciaNOVA Information Management School (NOVA IMS)RUNAshofteh, Afshin2020-05-28T22:30:59Z20182018-01-01T00:00:00Zconference objectinfo:eu-repo/semantics/publishedVersion1application/pdfhttp://hdl.handle.net/10362/98453eng978-84-9048-689-4PURE: 18351799https://doi.org/10.4995/CARMA2018.2018.8742info:eu-repo/semantics/openAccessreponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiainstacron:RCAAP2024-05-22T17:45:39Zoai:run.unl.pt:10362/98453Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireinfo@rcaap.ptopendoar:https://opendoar.ac.uk/repository/71602025-05-28T17:17:08.033899Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiafalse |
dc.title.none.fl_str_mv |
Mining Big Data in statistical systems of the monetary financial institutions (MFIs) |
title |
Mining Big Data in statistical systems of the monetary financial institutions (MFIs) |
spellingShingle |
Mining Big Data in statistical systems of the monetary financial institutions (MFIs) Ashofteh, Afshin Big Data Artificial data Imbalanced classification Monetary financial institutions |
title_short |
Mining Big Data in statistical systems of the monetary financial institutions (MFIs) |
title_full |
Mining Big Data in statistical systems of the monetary financial institutions (MFIs) |
title_fullStr |
Mining Big Data in statistical systems of the monetary financial institutions (MFIs) |
title_full_unstemmed |
Mining Big Data in statistical systems of the monetary financial institutions (MFIs) |
title_sort |
Mining Big Data in statistical systems of the monetary financial institutions (MFIs) |
author |
Ashofteh, Afshin |
author_facet |
Ashofteh, Afshin |
author_role |
author |
dc.contributor.none.fl_str_mv |
NOVA Information Management School (NOVA IMS) RUN |
dc.contributor.author.fl_str_mv |
Ashofteh, Afshin |
dc.subject.por.fl_str_mv |
Big Data Artificial data Imbalanced classification Monetary financial institutions |
topic |
Big Data Artificial data Imbalanced classification Monetary financial institutions |
description |
Ashofteh, A. (2018). Mining Big Data in statistical systems of the monetary financial institutions (MFIs). Congress UPV. 2nd International Conference on Advanced Research Methods and Analytics (CARMA 2018) (Abstratcts). Editorial Universitat Politècnica de València . ISBN: 978-84-9048-689-4 (print version). DOI: http://dx.doi.org/10.4995/CARMA2018.2018.8742 |
publishDate |
2018 |
dc.date.none.fl_str_mv |
2018 2018-01-01T00:00:00Z 2020-05-28T22:30:59Z |
dc.type.driver.fl_str_mv |
conference object |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10362/98453 |
url |
http://hdl.handle.net/10362/98453 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
978-84-9048-689-4 PURE: 18351799 https://doi.org/10.4995/CARMA2018.2018.8742 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
1 application/pdf |
dc.publisher.none.fl_str_mv |
Editorial Universitat Politècnica de València |
publisher.none.fl_str_mv |
Editorial Universitat Politècnica de València |
dc.source.none.fl_str_mv |
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