OctWave 3.0 – Kaggle Challenge -Round 1

August 8, 2026 at 6:30 PM - August 11, 2026 at 6:29 PM @ Online event

Description

The initial round of the OctWave 3.0 Kaggle Challenge was conducted virtually from 9th August 2026 at 12:00 AM to 11th August 2026 at 11:59 PM, with the participation of 208 teams. The competition engaged aspiring data science and machine learning enthusiasts in solving a real-world machine learning classification problem focused on credit card fraud detection ( is_fraud ). The competition commenced with the release of the official dataset, Kaggle competition link, participation guidelines, and submission requirements. Participants competed either individually or in teams of up to four members while following the official team-naming and integrity guidelines. Throughout the challenge, teams developed and optimized machine learning models to accurately identify fraudulent transactions. Submissions were evaluated using the F1-score, which was selected to account for the imbalanced nature of the dataset. Each team was permitted up to 10 submissions per day and could select up to two final submissions for Private Leaderboard evaluation. The use of private datasets and unauthorized code sharing was prohibited. Following the conclusion of the Kaggle competition, participants were required to verify their work. A Google Form was opened at 9:00 AM on 12th August 2026, through which each team submitted a single ZIP file containing its Jupyter Notebook and a two-page report by the 9:00 PM deadline. After reviewing the submitted code, reports, and leaderboard performance, the top 70 teams from the 208 participating teams were selected to advance to the second round of the OctWave 3.0 Kaggle Challenge. The round provided participants with practical experience in data preprocessing, machine learning model development, evaluation, and optimization while applying their skills to a real-world classification problem.

Agenda

9 August 2026 – 12:00 AM Kaggle Challenge Round 1 commenced. The competition dataset, Kaggle access link, rules, and participation guidelines were released. 9–11 August 2026 Participants developed, trained, evaluated, and optimized machine learning models for the credit card fraud detection classification task and submitted predictions through Kaggle. 11 August 2026 – 11:59 PM Kaggle Challenge Round 1 concluded. 12 August 2026 – 9:00 AM Submission verification Google Form opened. 12 August 2026 – 9:00 PM Deadline for submitting the ZIP file containing the Jupyter Notebook and two-page report. Following evaluation Submitted notebooks, reports, and leaderboard results were reviewed, and the top 70 teams were selected to advance to Round 2.

IEEE Sri Lanka Section