mlsanityData to 7 Oct 2026

Comparative Performance Analysis of Quantum Machine Learning Architectures for Credit Card Fraud Detection

arXiv 2412.19441 ↗First posted 27 Dec 2024quant-ph cs.LGcited by 10

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Abstract (arXiv)

As financial fraud becomes increasingly complex, effective detection methods are essential. Quantum Machine Learning (QML) introduces certain capabilities that may enhance both accuracy and efficiency in this area. This study examines how different quantum feature maps and ansatz configurations affect the performance of three QML-based classifiers, the Variational Quantum Classifier (VQC), the Sampler Quantum Neural Network (SQNN), and the Estimator Quantum Neural Network (EQNN), when applied to two non-normalized financial fraud datasets. Different quantum feature map and ansatz configurations are evaluated, revealing distinct performance patterns. The VQC consistently demonstrates strong classification results, achieving an F1-score of 0.88, while the SQNN also delivers promising outcomes. In contrast, the EQNN struggles to produce robust results, emphasizing the challenges presented by non-standardized data. Statistical validation using ANOVA confirms the significance of observed performance differences. Additionally, robustness tests on the best-performing models under five quantum noise types show that they maintain competitive performance, supporting their practical applicability. These findings highlight the importance of careful model configuration in QML-based financial fraud detection. By showing how specific feature maps and ansatz choices influence predictive success, this work guides researchers and practitioners in refining QML approaches for complex financial applications.

Key facts. Cited by 10 papers in the map (data through 7 Oct 2026). Builds on 16 of its 52 references that are in the map. First posted on arXiv 27 Dec 2024.

Builds on

16 of 52 references.

References · 16

  1. 2021A Comprehensive Survey on Graph Anomaly Detection with Deep Learningcited by 230
  2. 2023Financial Fraud Detection using Quantum Graph Neural Networkscited by 35
  3. 2022Systematic Literature Review: Quantum Machine Learning and its applicationscited by 32
  4. 2024FedQNN: Federated Learning using Quantum Neural Networkscited by 20
  5. 2023Financial Fraud Detection: A Comparative Study of Quantum Machine Learning Modelscited by 19
  6. 2021Quantum Graph Convolutional Neural Networkscited by 18
  7. 2024QFNN-FFD: Quantum Federated Neural Network for Financial Fraud Detectioncited by 18
  8. 2021Sample Complexity of Learning Parametric Quantum Circuitscited by 15
  9. 2022Mixed Quantum-Classical Method For Fraud Detection with Quantum Feature Selectioncited by 15
  10. 2023Enhancing Quantum Support Vector Machines through Variational Kernel Trainingcited by 14
  11. 2023Simulation of a Variational Quantum Perceptron using Grover's Algorithmcited by 12
  12. 2024QADQN: Quantum Attention Deep Q-Network for Financial Market Predictioncited by 8
4 more
  1. 2024LEP-QNN: Loan Eligibility Prediction using Quantum Neural Networkscited by 8
  2. 2023Quantum State Tomography using Quantum Machine Learningcited by 7
  3. 2024Quantum Clustering for Cybersecuritycited by 6
  4. 2022TopGen: Topology-Aware Bottom-Up Generator for Variational Quantum Circuitscited by 5

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Cited by year (2026 to 7 Oct)

Citing papers per year: 2025: 4; 2026: 6.

10 papers.