China's Commercial Banks To Credit Card Fraud Risk Management Research

Credit card is a universal modern currency form, which makes the cardholder's consumption more convenient. Therefore, credit card has become an important source of profits for commercial banks. In many foreign commercial banks what credit card business has gained accounts for more than 30% of all profits, so it has gradually become the major channel of profits in China. However the credit card is a high-risk, high-profit business. With the market boom, credit card fraud events also emerge in endlessly, resulting in increasingly severe damage. Therefore measures should be taken to develop the credit card market, as well as strengthen the credit card fraud risk management to ensure the smooth growth of credit card market.The thesis firstly introduces the relevant concepts of credit card and credit card fraud risk; Then, based on the theory of credit fraud risk management, it illustrates a deep insight into the current situation of credit card fraud risk management in Chinese commercial banks, as well as the existing problems. Finally, in comparison with the typical pattern of foreign credit risk management and case study in United States and Hong Kong, the thesis works out the strategies of credit fraud risk management in order to promote the health rapid development of Chinese bankcard industry especially credit card industry.