CHAPTER ONE

1.0            INTRODUCTION

The computer machine and computer technologies are both human oriented.

Though, the computer is brilliant and intelligent, it cannot compete with human. This is to say that the computer technology excellence of intelligence is desirable from the human elements that interact with the system and technology to make it work. It is whatever this human elements commends the computer to do that is does.  Computer is absolutely harmless except it is imbued with the tendency to harm.

          Computer is basically defined as an electronic machine which accepts data form an input devices, perform arithmetic  and logic operations in accordance with defined data and finally transfer the processed data to an output device through the central processing unit (CPU) either for further processing or to be produced as a final result.

          Computer technology has come to be accepted as an indispensable in novation if fraud detection and prevention in the banking industry.