Card Fraud Detection Techniques On Performance Of Commercial Banks In Nairobi, Kenya

ABSTRACT Fraud is one of the major ethical issues in the card industry. The study sought to find out card fraud detection techniques on performance of commercial banks in Kenya. The main aim of the study was to identify the different types of card fraud, and, review alternative techniques that can be used in detection of card fraud. The study defines common terms in card fraud, highlights key statistics and figures. The study reflects on how returns in the banking sectors have been eroded due to card fraud; this has made management and Shareholders of Banks to complain to the central bank whic…