Concept drift and machine learning model for detecting fraudulent transactions in streaming environment

In a streaming environment, data is continuously generated and processed in an ongoing manner, and it is necessary to detect fraudulent transactions quickly to prevent significant financial losses. Hence, this paper proposes a machine learning-based approach for detecting fraudulent transactions in a streaming environment, with a focus on addressing concept drift. The approach utilizes the extreme gradient boosting (XGBoost) algorithm. Additionally, the approach employs four algorithms for detecting continuous stream drift. To evaluate the effectiveness of the approach, two datasets are used: a credit card dataset and a Twitter dataset containing financial fraud-related social media data. The approach is evaluated using cross-validation and the results demonstrate that it outperforms traditional machine learning models in terms of accuracy, precision, and recall, and is more robust to concept drift. The proposed approach can be utilized as a real-time fraud detection system in various industries, including finance, insurance, and e-commerce

Reliable and efficient webserver management for task scheduling in edge-cloud platform

The development in the field of cloud webserver management for the execution of the workflow and meeting the quality-of-service (QoS) prerequisites in a distributed cloud environment has been a challenging task. Though, internet of things (IoT) of work presented for the scheduling of the workflow in a heterogeneous cloud environment. Moreover, the rapid development in the field of cloud computing like edge-cloud computing creates new methods to schedule the workflow in a heterogenous cloud environment to process different tasks like IoT, event-driven applications, and different network applications. The current methods used for workflow scheduling have failed to provide better trade-offs to meet reliable performance with minimal delay. In this paper, a novel web server resource management framework is presented namely the reliable and efficient webserver management (REWM) framework for the edge-cloud environment. The experiment is conducted on complex bioinformatic workflows; the result shows the significant reduction of cost and energy by the proposed REWM in comparison with standard webserver management methodology