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
TAX ACCOUNTING CONSIDERATIONS FOR BUSINESS EXPANSIONS
Abstract: TAX ACCOUNTING CONSIDERATIONS FOR BUSINESS EXPANSIONS
This research explores tax accounting considerations for business expansi...
THE IMPACT OF CULTURAL AWARENESS TRAINING ON VOCATIONAL EDUCATORS
ABSTRACT: The Impact of Cultural Awareness Training on Vocational Educators investigates the effects of cultural awareness training on vocational e...
THE EFFECT OF DELAY AND DISTRUPTION ON THE COST OF BUILDING CONSTRUCTION PROJECT
ABSTRACT
This project is purposely for determining the effects of delay and disruption on the cost of building con...
CHILDLESSNESS AND SOCIO-CULTURAL IMPACT ON MARRIED COUPLES
Abstract
The research is an in-depth analysis of childlessness and socio-cultural impact on married couples in idah...
THE IMPORTANCE OF ACCOUNTING TRAINING OF SECONDARY SCHOOL STUDENTS IN TEACHING AND LEARNING
ABSTRACT
This study investigated the importance of accounting training of secondary school students in teaching and lea...
ANTIFUNGAL ACTIVITY OF LOCALLY MADE SOAP ON DERMATOPHYTES ISOLATED FROM BARBING EQUIPMENT
ABSTRACT
The comparative study on the effect of the locally made black soap and Dudu osun soap on dermatophytes isolated...
New Password Authenticated Key Exchange Based on the Ring Learning with Errors
Abstract
Authenticated Key Exchange (AKE) is a cryptographic scheme with the aim to establish a high-entropy and secret session key over...
SUSTAINABLE FINANCIAL MANAGEMENT PRACTICES
Abstract: SUSTAINABLE FINANCIAL MANAGEMENT PRACTICES
This study examines sustainable financial management practices and their impact on c...
AN INVESTIGATION ON THE FACTORS RESPONSIBLE FOR CONFLICT BETWEEN SECRETARIES AND BOSSES IN ANAMBRA STATE OWNED ESTABLISHMENT (AHOCOL COMPANY AWKA)
Background of the study
A secretary is an assistant to an executive who has mastery of office skills as well as the capa...
ASSESSING THE EFFECTIVENESS OF COMPETENCY-BASED EDUCATION IN TECHNICAL FIELDS
Abstract: This study evaluates the effectiveness of competency-based education (CBE) in add...
