AN ASSESSMENT ON THE ACTIVITIES OF FRAUDSTERS USING ATM PIN
- Project Research
- 1-5 Chapters
- Quantitative
- Chi-Square
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
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.
Related Project Materials
PROBLEMS ASSOCIATED WITH THE IMPLEMENTATION OF POLICIES IN NIGERIA
Background Of The Study
In any culture, there is certain to be at least one significant issue. These is...
EFFECT OF ACTIVITY AND CONVENTIONAL TEACHING METHODS ON STUDENTS’ PERFORMANCE AND RETENTION IN AGRICULTURAL SCIENCE IN SENIOR SECONDARY SCHOOLS, KADUNA STATE, NIGERIA
ABSTRACT
The study investigated the effect of Activity and conventional teaching methods on students‟ performance and retention in Agricu...
THE CHALLENGES OF INDIGENOUS BUILDING CONSTRUCTION FIRMS IN NIGERIA (A CASE STUDY OF INDIGENOUS CONSTRUCTION FIRMS IN ENUGU URBAN)
ABSTRACT
This study was carried out to examine the challenges of indigenous building construction firms in Nigeria:...
THE CAUSES AND EFFECT OF DIARRHEA AMONG CHILDREN IN BENIN CITY
ABSTRACT
This research work was designed to examine and analyze the causes and effect of diarrhea infec...
A CRITICAL INVESTIGATION OF SAFETY AND SECURITY THREATS IN HOSPITALITY INDUSTRIES IN CROSS RIVERS STATE (A CASE STUDY OF SOME SELECTED HOTELS IN CALABAR)
Background Of The Study
According to Chan (2022), safety is a state in which risks and conditions that...
PERCEPTIONS OF ACTUAL AND PREFERRED HOSPITAL CLINICAL LEARNING ENVIRONMENT OF STUDENT NURSES
ABSTRACT
This study investigated the actual and preferred hospital clinical learning environment (CLE) of student nurses...
HUMAN CAPITAL DEVELOPMENT AND EMPLOYMENT GROWTH IN NIGERIA
ABSTRACT
Employment growth is an important macroeconomic objective of government as decline in employment signifies waste of resources an...
PYROLYSIS OF SHEA BUTTER SHELL TO PRODUCE BIO-BASED PRODUCTS
ABSTRACT
This research work focused on the production of bio-based products and response optimization of bio-oil yield operating paramete...
APPRAISAL AND CHALLENGES OF INTERNET BANKING SYSTEM IN NIGERIA BANKING ENVIRONMENT
Background of the Study
The application of information and communication technology concepts, technique...
EVALUATION OF INSITUTE GEOTECHNICAL PROPERTIES OF ROAD PAVEMENT LAYERS MATERIAL: A CASE STUDY OF MINNA–BIDA ROAD
ABSTRACT
The intrinsic suitability of some lateritic soils as materials for construction of layers for flexible pavements is evaluated he...
