Banks all over the world have through their unique position in an economy, contributed immensely to the economic growth and development of a nation. The significance of the banking sector in any country stems from its role of financial mobilization from surplus to deficit units of any economy,...

The challenges envisaged in a cashless economy in Nigeria are fraud, indiscriminate deductions from accounts, unemployment, high rate of illiteracy and epileptic power supply. Various researchers identified negative public perception, high e-banking charges, payment infrastructure gap, unbanked...

Fraud in the financial sector is a growing business for fraudsters using increasingly innovative and creative ways of targeting any perceived weaknesses in the banks and credit granting systems. Fraudsters have become ever more sophisticated, which means that fraud prevention measures need to...