An assessment on the activities of fraudsters using atm pin
Table Of Contents
Thesis 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.
Thesis Overview
<p> </p><p><strong>1.1 BACKGROUND OF STUDY</strong></p><p><strong>1.2 STATEMENT OF THE PROBLEM.</strong></p><p>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.</p><p>This study will attempt to seek answers to the following problems.</p><p>Can ATM cause fraud in the banking industry in Nigeria?</p><p>Is there any relationship between ATM and fraud in Nigeria?</p><p>Is there any need for ATM since the rate of fraud is alarming?</p><p>How do these fraudsters commit these frauds?</p><p>Does ATM fraud affect financial institution growth?</p><p>What are the reactions of the banks when these frauds are committed?</p><p>What are the reactions of the customers that are affected by the fraud?</p><p>What are the reactions of the central bank of Nigeria in regulating this fraud?</p><p><strong>1.3 OBJECTIVES OF THE STUDY</strong></p><p>The purpose of this study is to;</p><p>To know the relationship between ATM fraud and fraud</p><p>To examine the ways by which these frauds are committed.</p><p>To know the measures that central bank of Nigeria has taken to mitigate this fraud.</p><p>To know the reactions of the customers affected by these fraud.</p><p>To know the reactions of banks when these frauds are committed.</p><p>To know whether fraud affects financial institution growth</p><p>To find out the ways that we can avoid this risk. Atm Pin</p><p>To proffer solution to fraud in Nigeria. Atm Pin</p><p><strong>1.4 RESEARCH QUESTIONS</strong></p><p>What is the relationship between ATM fraud and fraud?</p><p>What are the ways by which these frauds are committed?</p><p>How will the central bank of Nigeria stop this crime. Atm Pin</p><p>How can the customers and users of ATM avoid the risk of being defrauded?</p><p>What are the solutions to fraud in Nigeria. Atm Pin</p><p>How does fraud affect financial institution growth. Atm Pin</p> <br><p></p>Blazingprojects Mobile App
📚 Over 50,000 Research Thesis
📱 100% Offline: No internet needed
📝 Over 98 Departments
🔍 Thesis-to-Journal Publication
🎓 Undergraduate/Postgraduate Thesis
📥 Instant Whatsapp/Email Delivery
Related Research
Comparative Analysis of Medication Adherence in Urban and Rural Patients...
This research aims to compare how well patients in urban and rural areas follow their prescribed medication regimens. Medication adherence is crucial for managi...
Comparative Analysis of Nutritional Status in Urban and Rural Schoolchildren...
This research aims to compare the nutritional health of schoolchildren living in urban areas with those in rural communities. Many studies have noted difference...
A Comparative Analysis of Digital Filing Systems Versus Traditional Paper-Based Fili...
This research compares two ways of organizing and storing office documents: digital filing systems and traditional paper-based filing. It aims to understand whi...
Comparative Analysis of Patient Satisfaction between Telehealth and In-Person Nursin...
This research aims to compare how satisfied patients are with telehealth nursing services versus traditional in-person nursing care. As healthcare continues to ...
Comparative Analysis of Traditional and Contemporary Rhythms in Urban Music Cultures...
This research focuses on understanding how traditional and contemporary rhythms influence urban music cultures. Traditional rhythms are the musical patterns pas...
Comparative Analysis of Antimicrobial Resistance in Urban and Rural Bacterial Isolat...
This research focuses on comparing how bacteria in urban and rural areas resist antibiotics. Antibiotic resistance happens when bacteria evolve to survive despi...
Comparative Analysis of Virtual Reality and Conventional Therapy in Stroke Rehabilit...
This research compares two different methods used in helping stroke patients regain movement and function: virtual reality therapy and traditional (conventional...
Comparative Evaluation of Rapid and Conventional Diagnostic Tests for Tuberculosis D...
This research aims to compare two different ways of diagnosing tuberculosis (TB), a serious infectious disease that primarily affects the lungs. The two methods...
Comparative Analysis of Thermal Efficiency in Biodegradable vs. Conventional Coolant...
This research topic focuses on comparing how well biodegradable coolants and traditional coolants perform in automotive engines, specifically in terms of their ...
