AN ASSESSMENT ON THE ACTIVITIES OF FRAUDSTERS USING ATM PIN
Sold By: Joe Project Store | Item Type: Project Material | Report this? | Attributes: 65 pages | 1-5 chapters | Amount: ₦5,000 | 1 order. | Marked useful: 6,513 times
INSTANT PROJECT MATERIAL DOWNLOADABSTRACT
The use of ATM has grown rapidly in popularity because of its low banks transaction costs and customers convenience which has made it a basic element of today’s financial service delivery. However, the ATM which is meant to be serving the customers better is now becoming a nightmare for some customers because of fraud perpetuated in their accounts through ATM withdrawals. The main purpose of this work is to examine the activities of fraudsters through ATM pin and how these frauds have affected financial institution growth and customers patronage of banks. This researcher made use of four banks as a case study for this research work. Data was collected from questionnaires, interviews and observation from the four banks under study. Three hypotheses was tested using the chi- square statistical tool and it was observed that there is a significant relationship between ATM fraud and fraud in Nigeria, it was also observed that ATM fraud affects customers patronage and financial institution growth. In conclusion, the activities of fraudsters needs to be monitored and measures should be put in place to mitigate these frauds. To solve this, additional security layer on the ATM is recommended and proper monitoring of the ATM machine by the banks. We believe that if banks and service providers heed to some of these suggestions in this work, we will have a safer, hassle- free and worth while banking experience in this country.
CHAPTER ONE
1.1 BACKGROUND OF STUDY
…
1.2 STATEMENT OF THE PROBLEM.
It will be pertinent to highlight the needs for embarking on a study of this nature which will examine the activities of fraudsters through ATM.
This study will attempt to seek answers to the following problems.
- Can ATM cause fraud in the banking industry in Nigeria?
- Is there any relationship between ATM and fraud in Nigeria?
- Is there any need for ATM since the rate of fraud is alarming?
- How do these fraudsters commit these frauds?
- Does ATM fraud affect financial institution growth?
- What are the reactions of the banks when these frauds are committed?
- What are the reactions of the customers that are affected by the fraud?
- What are the reactions of the central bank of Nigeria in regulating this fraud?
1.3 OBJECTIVES OF THE STUDY
The purpose of this study is to;
- To know the relationship between ATM fraud and fraud
- To examine the ways by which these frauds are committed.
- To know the measures that central bank of Nigeria has taken to mitigate this fraud.
- To know the reactions of the customers affected by these fraud.
- To know the reactions of banks when these frauds are committed.
- To know whether fraud affects financial institution growth
- To find out the ways that we can avoid this risk. Atm Pin
- To proffer solution to fraud in Nigeria. Atm Pin
1.4 RESEARCH QUESTIONS
- What is the relationship between ATM fraud and fraud?
- What are the ways by which these frauds are committed?
- How will the central bank of Nigeria stop this crime. Atm Pin
- How can the customers and users of ATM avoid the risk of being defrauded?
- What are the solutions to fraud in Nigeria. Atm Pin
- How does fraud affect financial institution growth. Atm Pin.
This material content is developed to serve as a GUIDE for students to conduct academic research
DOWNLOAD THIS PROJECT MATERIAL NOW!
Advertise Here
Not what you were looking for? Perform a search
What's your project topic?
Comment on Facebook:
Related Project Materials
- 1.
A CRITICAL ASSESSMENT OF MONEY LAUNDERING IN CAMEROON: CAUSES, PATTERNS, CONSEQUENCES, AND SOLUTIONS
CHAPTER ONE INTRODUCTION 1.1 Background of the Study The concept of "money laundering" gained prominence in the early 1990s. Its origins can be tra...More »
Item Type: Project Material | 54 pages | 2,007 engagements |
- 2.
AN ASSESSMENT OF ILLEGAL CROSS BORDER PROLIFERATION OF SMALL ARMS PROLIFERATION IN NIGERIA
CHAPTER ONE INTRODUCTION 1.1 Background of the Study The widespread and uncontrolled spread of small arms and light weapons represents one of the n...More »
Item Type: Project Material | 54 pages | 2,197 engagements |
- 3.
EFFECT OF CORRECTIONAL SERVICE ON INMATE REHABILITATION IN LAGOS STATE
CHAPTER ONE INTRODUCTION Background of the Study A person may be forced or led by life circumstances to perform an act that is illegal. Situations ...More »
Item Type: Project Material | 55 pages | 2,672 engagements |
- 4.
AN ASSESSMENT OF YOUTH PERCEPTION OF YAHOO YAHOO PRACTICE IN NIGERIA
CHAPTER ONE INTRODUCTION 1.1 Background of the Study Yahoo yahoo also known as cybercrime is a worldwide problem that has crossed many national bor...More »
Item Type: Project Material | 67 pages | 2,689 engagements |
- 5.
A CRITICAL EXAMINATION OF CYBER-CRIME AND NIGERIA'S EXTERNAL IMAGE (2015_2019)
A CRITICAL EXAMINATION OF CYBER CRIME AND NIGERIA'S EXTERNAL IMAGE (2015_2019) CHAPTER ONE INTRODUCTION 1.1 Background of the study The exter...More »
Item Type: Project Material | 54 pages | 3,255 engagements |
- 6.
A CRITICAL EXAMINATION OF INTERNET FRAUD AND ITS IMPACT ON NATIONAL IMAGE IN THE INTERNATIONAL COMMU...
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The invention of the Internet is seen as a pivotal innovation since it has fueled several advance...More »
Item Type: Project Material | 52 pages | 4,581 engagements |