Identification the characteristics of Indonesian credit card frauds by trough correspondence analysis (An application of simplification quantitative analysis)

Classical correspondent analysis (CA) is one of the probabilistic methods which is often used in analyzing two qualitative variables. We apply a different method called Simplification of Classical Correspondence Analysis (SoCA) in calculating the row and column principal coordinates. The proposed method is simple, and it gives more accurate results than the results obtained by the CA. We apply the proposed method to identify the characteristics of the Indonesian online shopping frauds.