ABSTRACT

In this study, the research set out to examine the roles of the electronic Computers in fraud detection in banks. 51 staff of UBA plc is randomly selected as the study sample for the research. These 51 staff was issued with 51 copies of structured questionnaires to complete their responses to the questionnaire were analyzed using percentage and chi-square test. Based on the analyses, the researcher discovered the following facts and findings:-

i. The computer had contributed immensely to the development of Nigeria banking industry some of the recent developments in computer technology that had made positive impact in the Nigeria banking industry include the following the automatic document processor; magnetic ink character recognition, optical character recognition; automated teller machine; electronic find transfer; and electronic fund transfer at the point of sale.

ii. The electronic computers are used by the Nigeria banks to detail fraudulent activities. Such as teaming and lading; foreign exchange fraud; forged bank document and so on.

iii. The computers sometimes income errors whiles doing the work of fraud direction in banks.

iv. The electronic Computers had revolutionized the banking industry, since they (the computer) quicker the banking processes; reduces job / work stress; and brought professionalism in banks.