IDEAS home Printed from https://ideas.repec.org/a/tdt/annals/vxviiiy2012p549-554.html
   My bibliography  Save this article

Risk management and prevention of fraud in card transactions

Author

Listed:
  • Codruta PAVEL

    (WEST UNIVERSITY OF TIMISOARA)

  • Carmen IMBRESCU

    (WEST UNIVERSITY OF TIMISOARA)

  • Aura DOMIL

    (WEST UNIVERSITY OF TIMISOARA)

  • Ciprian PAVEL

    („TIBISCUS” UNIVERSITY OF TIMISOARA, FACULTY OF ECONOMICS)

Abstract

Credit institutions issuing and accepting cards have responsibility for identifying, evaluating and mitigation fraud and activities with potentially risk. Risk management is necessary to avoid losses that may occur both directly through fraud and indirectly through loss of customer confidence regarding safety card operations. The risk management in cards activities aims to identifying those events which by their appearance would produce adverse effects on the activity, possible generating financial loss and find solutions to avoid them and reduce their effect. Credit card fraud refers to any situation where a person deliberately uses: card obtained through illegal methods, a counterfeit card, a valid card code, in order to obtain cash, goods or undue services.

Suggested Citation

  • Codruta PAVEL & Carmen IMBRESCU & Aura DOMIL & Ciprian PAVEL, 2012. "Risk management and prevention of fraud in card transactions," Anale. Seria Stiinte Economice. Timisoara, Faculty of Economics, Tibiscus University in Timisoara, vol. 0, pages 549-554, May.
    • Handle: RePEc:tdt:annals:v:xviii:y:2012:p:549-554
    as

    Download full text from publisher

    File URL: http://fse.tibiscus.ro/RePEc/tdt/annals/pdf/086.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Bank; fraud; banking cards; risk;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tdt:annals:v:xviii:y:2012:p:549-554. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ramona Violeta Vasilescu (email available below). General contact details of provider: https://edirc.repec.org/data/fettiro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.