Fraud is a contemporary ethical issue whose complexity is growing by day. The aims of this study are to identify the types of credit card fraud and to stipulate the future issues with the sector. The minor aim is to compare and analyze recent publication findings in future issues with credit card fraud detection. The significance of this paper is to allow the appreciation of the future issues with respect to credit card fraud detection techniques.
Inhaltsverzeichnis (Table of Contents)
- Abstract
- Introduction
- Research Questions
- Purpose
- Literature Review
- Technological Development
- Business Operations
- Terms
- Research Design and Methodology
- Research design
- Strengths and Weaknesses
- Sampling and Sampling Procedures
- Data Collection Instruments
- Reliability and Validity of Research Instruments
- Validity
- Reliability
- Planning, Analysis and Organisation
- Filling the Gap of Knowledge
- Data Analysis tools
- Ethical Considerations
- Conclusion
- References
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This study aims to understand the various forms of credit card fraud and analyze potential future challenges in fraud detection techniques. The research also compares and analyzes recent publications focusing on future issues within credit card fraud detection. The paper's significance lies in providing insight into future challenges concerning credit card fraud detection techniques.
- Identifying the types of credit card fraud.
- Analyzing future issues with credit card fraud detection.
- Examining the impact of technological advancements on fraud techniques.
- Investigating how business operations can contribute to credit card fraud.
- Understanding the role of credit card terms in facilitating fraud.
Zusammenfassung der Kapitel (Chapter Summaries)
The introduction sets the stage by highlighting the growing issue of credit card fraud and the evolving tactics employed by fraudsters. It emphasizes the need to address future challenges posed by these evolving techniques. The literature review explores existing studies on credit card fraud detection, examining methodologies, findings, and limitations. The chapter on technological development highlights the rapid advancements in technology that both enhance fraud detection techniques and provide opportunities for fraudsters. The chapter on business operations examines how certain business practices can inadvertently contribute to fraud, particularly in the context of competition and data storage. The final chapter discussed in this preview explores the role of credit card terms in facilitating fraud, focusing on partnerships, merchant-related fraud, and the potential for collusion.
Schlüsselwörter (Keywords)
Credit card fraud, fraud detection, future issues, technological advancements, business operations, credit card terms, skimming, magnetic stripe erasing, merchant collusion, balance transfer arbitrage, soft and hard inquiries, data storage.
- Quote paper
- Marvin Namanda (Author), 2016, Future Issues with Credit Card Fraud Detection Techniques, Munich, GRIN Verlag, https://www.grin.com/document/321436
