0704-883-0675     |      dataprojectng@gmail.com

INVESTIGATION OF FRAUD PREVENTION AND CONTROL IN BANKING SYSTEM

  • Project Research
  • 1-5 Chapters
  • Quantitative
  • Chi-Square
  • Abstract : Available
  • Table of Content: Available
  • Reference Style: APA
  • Recommended for : Student Researchers
  • NGN 3000

ABSTRACT

This study was carried out to examine fraud prevention and control in banking system using staffs of three (3) selected banks in Ikeja, Lagos State as case study. Specifically, the study was aimed at studying critically how fraud in banks could be prevented and controlled, evaluate the easiest way ration of fraud and other fraud committed could be electronically captured, and proffer ways to reduce the spread of fraud in our banking system, through effective monitoring control procedure and efficient monitoring electronic transaction until properly executed. The study employed the survey descriptive research design. A total of 60 responses were validated from the survey. From the responses obtained and analysed, the findings revealed that financial fraud in banking system is difficult to be prevented and controlled in banking system, bank fraud has no negative effect on the profitability of the banking system, and bank fraud has no significant  impact on depositors confidence in banks. The study therefore recommends dormant account should be closely monitored and any transaction on them should be monitored with the consent of management inspector from the central bank of Nigeria must be allowed to visit and inspect the bank records at least once every year. This is to ensure that the bank are complying with CBN regulation and other statutory provision. Also, adequate discipline must be maintained among staff and professional ethics preached regular basis. Any observed fraudulent practice must be matched with adequate sanction. Each case must be purely treated on its merit.




FIND OTHER RELATED TOPICS


Related Project Materials

ADDRESSING THE SKILLS GAP THROUGH VOCATIONAL EDUCATION INITIATIVES

ABSTRACT: This study investigates the role of vocational education initiatives in addressing the skills gap, focusing on their effectiveness i...

Read more
MERGER AND ACQUISITION AS A GROWTH STRATEGY IN BUSINESS ORGANIZATION  

ABSTRACT

This research takes a look at the adoption of merger and acquisition as a growth strategy in business organizat...

Read more
CONSERVATIVE PRACTICES OF INFORMATION RESOURCES BY LIBRARIES FOR ENHANCED COLLECTION USEFULNESS IN UNIVERSITY LIBRARIES IN BAUCHI STATE

ABSTRACT

This study was carried out on Conservative practices of information resources by libraries for...

Read more
ROLE OF PSYCHOSOCIAL REHABILITATION IN THE MANAGEMENT OF AGING IN GIADE LGA OF BAUCHI STATE

CHAPTER ONE

INTRODUCTION

1.1

SCREENING OF SOME COMMON WEEDS FOR NEMATICIDAL ACTIVITIES AGAINST THE ROOT-KNOT NEMATODE INFESTATION ON TOMATO (LYCOPERSICUM ESCULENTUM L.) IN PLATEAU STATE, NIGERIA.

ABSTRACT

The screening of some common weeds for nematicidal activities on Meloidogyne incognita infestation on tomato (Lycopersicum escul...

Read more
BOKO HARAM CRISIS AND THE SOCIO-POLITICAL DEVELOPMENT OF NIGERIA

ABSTRACT

This research work attempt to examine the Boko Haram crisis in Nigeria and how it undermines socio-political development, with N...

Read more
DESIGN AND IMPLEMENTATION OF RESULT PROCESSING SYSTEM

INTRODUCTION

A student’s result is the criteria for the measurement of the student’s capability in terms of...

Read more
THE ROLE OF COST MANAGEMENT IN PROJECT MANAGEMENT

ABSTRACT

THE ROLE OF COST MANAGEMENT IN PROJECT MANAGEMENT

This research explores the role of cost management in project manage...

Read more
ASSESSMENT OF THE PRACTICE OF ALHADANAH (CHILD CUSTODY) AFTER DIVORCE AMONG MUSLIMS IN STATE NIGERIA (2007-2017)

ABSTRACT

This research work Titled―the practice of people of katsina stateon child custody after termination of marriage‖ endeavored to l...

Read more
MANAGING WASTE IN MANUFACTURING FIRMS FOR EFFECTIVE PRODUCTION

ABSTRACT

Waste management practices have emerged due to environment degradation and are adopted mainly to reduce negative impacts on envi...

Read more
Share this page with your friends




whatsapp