1.1 BACKGROUND OF STUDY
1.2 STATEMENT OF THE PROBLEM.
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.
This study will attempt to seek answers to the following problems.
Can ATM cause fraud in the banking industry in Nigeria?
Is there any relationship between ATM and fraud in Nigeria?
Is there any need for ATM since the rate of fraud is alarming?
How do these fraudsters commit these frauds?
Does ATM fraud affect financial institution growth?
What are the reactions of the banks when these frauds are committed?
What are the reactions of the customers that are affected by the fraud?
What are the reactions of the central bank of Nigeria in regulating this fraud?
1.3 OBJECTIVES OF THE STUDY
The purpose of this study is to;
To know the relationship between ATM fraud and fraud
To examine the ways by which these frauds are committed.
To know the measures that central bank of Nigeria has taken to mitigate this fraud.
To know the reactions of the customers affected by these fraud.
To know the reactions of banks when these frauds are committed.
To know whether fraud affects financial institution growth
To find out the ways that we can avoid this risk. Atm Pin
To proffer solution to fraud in Nigeria. Atm Pin
1.4 RESEARCH QUESTIONS
What is the relationship between ATM fraud and fraud?
What are the ways by which these frauds are committed?
How will the central bank of Nigeria stop this crime. Atm Pin
How can the customers and users of ATM avoid the risk of being defrauded?
What are the solutions to fraud in Nigeria. Atm Pin
How does fraud affect financial institution growth. Atm Pin