Current credit card authorization was developed on single-threaded model whereby authentication process takes longer time to respond due to sequential process of card’s risk management profile and its limitation of handling huge number of simultaneous transactions at single point of time. As a result, the performance of the authorization system was affected during peak hours. This study present...

We analyze the impact of cognitive skills on two specific examples of consumer financial decisions where suboptimal behavior is well defined: first, the use of a credit card for a transaction after making a balance transfer on the account, and second, cases where individuals are penalized for inaccurate estimation of the value of one’s home on home equity loan or line of credit application. We ...

The Sanjaya shop is a that sells various kinds of machines such as pumps, diesel and many more. Sales their PT Andalan Sejahtera Pekanbaru one the companies engaged in sale Spare Parts for Heavy Equipment, Machinery, Vehicles so on. In addition to cash sales, credit sales are also applied. Transaction processing carried out almost every day. managing transaction data, especially transactions, i...

Creditcard fraud detection mechanism is the most needed one in present world. This due to development of e-commerce and online transaction. The main aim this paper predict fraudulent transactions a credit card transaction data set using statistical methods. Statistical methods based on Logistic Regression Random Forest are developed applied problems. work mainly focuses machine learning algorit...

Due to emerging technological developments, major enhancements are taking place in the area of a secure and quick transaction. BioPay being payment method is one-step ahead. In proposed methodology, there no involvement any credit or debit card other account information like OTP CVV; it solely depends upon some unique identifying characteristic human known as biometrics. This work proposes nove...

This study investigates the factors impacting price difference between interbank market and exchange for same bond using a large transaction dataset from July 2006 to June 2016 in China. We find that liquidity macrofactors mainly affect two markets bond. And individual explains only small part of difference. also interaction credit risk is an important factor affecting difference, effect greate...