Credit card fraud study
With the extensive use of credit cards, fraud appears as a major issue in the credit card business. It is hard to have some figures on the impact of fraud, since companies and banks do not like to disclose the amount of losses due to frauds. At the same time, public data are scarcely available for confidentiality issues, leaving unanswered many questions about what is the best strategy. Another problem in credit-card fraud loss estimation is that we can measure the loss…...
Banking FraudsCredit CardCredit Card FraudFraud
Insurance is an immaterial product which is valued subjectively by
Insurance is an immaterial product, which is valued subjectively by its recipients. Buying insurance is buying a feeling. Because it involves the subject and insurance products, which differ from one person to another. On top of personal need, there are other differences between people that follow professions, the difference between countries (Hofstede, 1995). However, an insurance company maintains its business by providing coverage in the form of compensation resulting from loss, damages, injury, treatment or hardship in exchange for premium…...
Artificial IntelligenceBankingBanking FraudsBusinessDataEconomics