Fraudulent transactions pose a significant threat to financial institutions and e-commerce platforms.Machine learning models, trained on historical labeled data (fraudulent vs. legitimate transactions), are often employed to identify and prevent fraud. However, real-world datasets frequently exhibit class imbalance, where fraudulent transactions (minority class) are significantly outnumbered by legitimate transactions (majority class). Machine learning models may perform poorly as a result of this imbalance, underestimating fraud and favouring the majority class. This paper proposes a novel approach to address class imbalance and improve fraud detection accuracy. We explore the implementation of FROST (Feature space RObust Synthetic saTuration) oversampling, a technique specifically designed to generate synthetic samples for the minority class. The FROST function leverages the k-nearest neighbors (KNN) algorithm and a user-defined amplification factor (m) to create synthetic data points that closely resemble existing minority class instances. We integrate the FROST-enhanced oversampling technique into the machine learning pipeline for fraud detection. The paper evaluates the effectiveness of this approach compared to traditional oversampling methods and analyzes its impact on classification accuracy metrics.

Data Extraction is a technique is called as clustering which is used to retrieve data either from the files or data bases or both. This paper focuses on the performance evaluation parameters of the clustering algorithms based on different parameters or conditions or constraints and parameters which are used to perform the clustering process to get the clusters on the data sets. Therefore best clusters are retrieved when best parameters or conditions or constraints or preferences which are applied on the data sources for the clustering process. These parameters or conditions or constraints are opted by the user called as user preferences.

Data is present in the data sources like Files and Data bases, Retrieval of information from that data sources is one of the important issue nowadays. So for retrieval information from the data sources clustering is used. In the present market different types of clustering algorithms were available. But opting of the clustering is based on user requirements. This paper focuses on the study of hierarchical clustering approach on different conditions or measures or with customer choices like clustering process number of clusters generated at each level, number of levels, attributes range for performing the clustering on the given data set. In brief overview we discuss the hierarchical approach for clustering algorithm with the user opting choices.