Automated Bank Transaction And Information Security System Simulation (A Study Of Zenith Bank Nigeria):- Ukachu Anderson

ABSTRACT

 When working with data such as financial transactions or user activity logs, in domains with inherent privacy concerns, you will certainly run into problems with data protection and data availability. Among possible approaches to cope with these problems are data anonymization and data simulation. One of essential advantages in favor of data simulation is complete separation from subject identification. In this paper, we present a multi-agent simulation framework applicable in financial domain for transaction data generation. We use the framework to create multiple simulation scenarios reproducing typical fraudulent behavioral patterns and we evaluate its applicability on the task of Anti Money Laundering (AML) by classification of fraudulent agents. The proposed automated bank transaction and information security system simulation will be implemented using Java programming language for designs and coding and SQLite database management system for the database development. The research methodology chosen for this research is Rapid Application Development (RAD). This research is limited to the most common bank transactions like pay in and withdrawal, transfer of funds, payment of bills etc., in Zenith bank Nigeria in Abia State.