Electronic Services (IT) in the Banking and Financial Institutions

The Role of Higher Education Institutions in Education Development and Awareness of Electronic Services

Purpose: Citizenship education system in any country is influenced by a set of cultural, social, economic and infrastructural factors, each of which, in turn, plays a vital role in shaping and using electronic services. It is also one of the most comprehensive topics in e-government projects for educating the citizenry. The purpose of this study was to investigate the role of higher education i...

Services sourcing in the banking and financial services industries

Electronic Banking Capacities and Transparency in the Iranian Banking Network

Innovations in electronic banking in Iran have led to the development in capacities such as payment instruments and transactions by cards, which are known as electronic payment equipment in the Iranian banking network. Financial supervision is required to be increasingly based on reporting and regulatory processes to efficiently and proactively monitor risk and compliance at banks and financial...

Identification of Fraud in Banking Data and Financial Institutions Using Classification Algorithms

In recent years, due to the expansion of financial institutions,as well as the popularity of the World Wide Weband e-commerce, a significant increase in the volume offinancial transactions observed. In addition to the increasein turnover, a huge increase in the number of fraud by user’sabnormality is resulting in billions of dollars in lossesover the world. T...

Recommender Systems for Banking and Financial Services

In this work we demonstrate the usefulness of the application of Recommender Systems in the financial domain. Specifically we investigate a dataset, made available by a major European bank, containing the purchases of a large set of investment assets by 200k investors. We also present some preliminary results of the application of network analysis via statistical validation to identify clusters...

Identification of Fraud in Banking Data and Financial Institutions Using Classification Algorithms

In recent years, due to the expansion of financial institutions,as well as the popularity of the World Wide Weband e-commerce, a significant increase in the volume offinancial transactions observed. In addition to the increasein turnover, a huge increase in the number of fraud by user’sabnormality is resulting in billions of dollars in lossesover the world. T...