Insurance fraud in the form of fake or fabricated car accidents is a common form of fraud in Turkey. Each year car insurance companies in Turkey make payments of millions of dollars to insurance holders, and a non-negligible portion of this constitutes payments due to fraud.
The main aspect of this research is to understand when, how and why banking customers churn away from banking products. When do they stop using a credit card or depositing cash into their accounts?
How do customers pick where they shop? Do they shop close to home or to work? Does distance play a role? Does the category of shopping relate to where and how far they travel to shop?