DESIGN AND IMPLIMENTATION OF COMPUTERIZED FRAUD DETECTION SYSTEM IN BANKS

ABSTRACT Banks deal essentially on cash, financial instruments and other documents, which are generally negotiable and easily transferable in nature. Based on sudden and very noticeable increase of fraud and crime in the financial sector which results in loss of billions of pounds and dollars would wide annually for over a long period of time, several modern automated techniques in detecting fraud and crime are continually being developed and applied to many financial sectors.  Financial detection system involves monitoring the behaviour of population of users in order to estimates, detect or avoid certain undesirable behaviours.  This project work presents and preview the total survey or techniques used in excessive fraud detection, telecommunication fraud detection, write – ff accounts receivable fraud detection and computer intension detection in order to develop a more efficient and comprehensive fraud detection system.  A fraud detection system was designed using log down methodology.   TABEOF CONTENTS Title pagei Certification page ii Dedication iii Acknowledgement iv Abstract v Table of contents. vi CHAPTER ONE  1.0Introduction 1 1.1Background of the study 3 1.2Objective of study 7 1.3Statement of problem 7 1.4Scope of study 8 1.5Limitations of study 9 1.6Significance of study 9 1.7Definition of terms10 CHAPTER TWO  REVIEW OF RELATED LITERATURE 15
CHAPTER THREE  3.0System investigation, analysis and design of input / output forms 37 3.1System investigation 37 3.1.1Research methodology 37 3.1.2Methods of data collection 40 3.2System analysis 43 3.3system design 44 33.1Input design 44 3.3.2out put design 45 3.4Background of the study 47 3.4.1Problem  of the new existing system47  CHAPTER FOUR  4.0Programming, Testing and Implementation49  4.1Choice of programming language 49 4.2Algorithm / flowchart49 4.3Debugging 51 4.4Coding / Coding platform 51 4.5Testing 52 4.6Documentation 53 4.7Hardware and software requirements 54 4.8Implementation55 4.9Maintenance57 CHAPTER FIVE  5.0Summary, conclusion and recommendation 59 5.1Introduction 59 5.2Summary 59 5.3Conclusion 61 5.4Recommendation 62 References Index