CFP last date
20 January 2025
Reseach Article

A New Novel Cluster based Analysis of Bank's Customer Data with Self-Organized Map Networks

by Seyeyd Reza Khaze, Emita Davoudi Takiyeh, Isa Maleki, Farhad Soleimanian Gharehchopogh
International Journal of Computer Applications
Foundation of Computer Science (FCS), NY, USA
Volume 82 - Number 7
Year of Publication: 2013
Authors: Seyeyd Reza Khaze, Emita Davoudi Takiyeh, Isa Maleki, Farhad Soleimanian Gharehchopogh
10.5120/14127-1631

Seyeyd Reza Khaze, Emita Davoudi Takiyeh, Isa Maleki, Farhad Soleimanian Gharehchopogh . A New Novel Cluster based Analysis of Bank's Customer Data with Self-Organized Map Networks. International Journal of Computer Applications. 82, 7 ( November 2013), 13-18. DOI=10.5120/14127-1631

@article{ 10.5120/14127-1631,
author = { Seyeyd Reza Khaze, Emita Davoudi Takiyeh, Isa Maleki, Farhad Soleimanian Gharehchopogh },
title = { A New Novel Cluster based Analysis of Bank's Customer Data with Self-Organized Map Networks },
journal = { International Journal of Computer Applications },
issue_date = { November 2013 },
volume = { 82 },
number = { 7 },
month = { November },
year = { 2013 },
issn = { 0975-8887 },
pages = { 13-18 },
numpages = {9},
url = { https://ijcaonline.org/archives/volume82/number7/14127-1631/ },
doi = { 10.5120/14127-1631 },
publisher = {Foundation of Computer Science (FCS), NY, USA},
address = {New York, USA}
}
%0 Journal Article
%1 2024-02-06T21:57:08.706305+05:30
%A Seyeyd Reza Khaze
%A Emita Davoudi Takiyeh
%A Isa Maleki
%A Farhad Soleimanian Gharehchopogh
%T A New Novel Cluster based Analysis of Bank's Customer Data with Self-Organized Map Networks
%J International Journal of Computer Applications
%@ 0975-8887
%V 82
%N 7
%P 13-18
%D 2013
%I Foundation of Computer Science (FCS), NY, USA
Abstract

In the current global competing environment, creation of knowledge base and the use of it have been advantageous for the banks and the financial institutions and accounting and are being transformed to a strategic tool for competing among them and so data mining has been understood more and more in this field lately. In the today competing globe, banks and the financial institutions are trying to reach the advantage and be better than the others. Also, except execution of the business processes, the creation of the data knowledge and the use of it advantageous for the bank is being transformed to a strategic tool for competing. Taking into consideration this necessity, we have applied the Self-Organized Map (SOM) network in some cases of citizens in the banks of West Azerbaijan Province located at Republic Islamic of Iran. It is essential to cluster based solidarity analysis among of the specifications of customers to find common behavior points of them. However, it could be used to maintain the customers and find the new ones by the high responsible of programming of the banks. This approach leads to higher benefits and efficiencies in extracting and mining the likes and the wants of the customers. The results of the clustering analysis showed that the perspective of the customer about bank services and the effect of the electronic banking in banks selection, hold very similar junction patterns.

References
  1. Sun, J. , & Li, H. (2008). Data mining method for listed companies' financial distress prediction. Knowledge-Based Systems, 21(1), 1-5.
  2. Chan, P. K. , Fan, W. , Prodromidis, A. L. , & Stolfo, S. J. (1999). Distributed data mining in credit card fraud detection. Intelligent Systems and their Applications, IEEE, 14(6), 67-74.
  3. Moin, K. I. , & Ahmed, Q. B. (2012) . Use of Data Mining in Banking. International Journal of Engineering Research and Applications. 2 (2,738-742)
  4. Ikizler, N. , & Guvenir, H. A. (2001). Mining interesting rules in bank loans data. In Proceedings of the Tenth Turkish Symposium on Artificial Intelligence and Neural Networks.
  5. Ganji, V. R. , & Mannem, S. N. P. (2012). Credit card fraud detection using anti-k nearest neighbor algorithm. International Journal on Computer Science and Engineering (IJCSE), 4(06).
  6. Ogwueleka, F. N. (2011). Data mining application in credit card fraud detection system. Journal of Engineering Science and Technology, 6(3), 311-322.
  7. Soeini, R. A. , & Rodpysh, K. V. (2012). Evaluations of Data Mining Methods in Order to Provide the Optimum Method for Customer Churn Prediction: Case Study Insurance Industry. In 2012 International Conference on Information and Computer Applications (ICICA 2012) IPCSIT (Vol. 24).
  8. Gan, C. , Limsombunchai, V. , Clemes, M. , & Weng, A. (2005). Consumer choice prediction: Artificial neural networks versus logistic models. Lincoln University. Commerce Division. .
  9. Adeyiga, J. A. , Ezike, J. O. J. , Omotosho, A. , & Amakulor, W. (2011). A neural network based model for detecting irregularities in e-Banking transactions. African Journal of Computer and ICTs, 4(2), 7-14.
  10. Gharehchopogh, F. S. , & Khaze, S. R. (2012), "Data Mining Application for Cyber Space Users Tendency in Blog Writing: A Case Study", International Journal of Computer Applications, 47(18), 40-46.
  11. Fayyad, U. , Piatetsky-Shapiro, G. , & Smyth, P. (1996). From data mining to knowledge discovery in databases. AI magazine, 17(3), 37.
  12. Cios, K. J. , Pedrycz, W. , & Swiniarsk, R. M. (1998). Data mining methods for knowledge discovery. Neural Networks, IEEE Transactions on, 9(6), 1533-1534.
  13. Romero, C. , & Ventura, S. (2007). Educational data mining: A survey from 1995 to 2005. Expert Systems with Applications, 33(1), 135-146.
  14. Stuart Kauffman. (1993). the origins of order: Self organization and selection in evolution. Oxford University Press.
  15. Kangas, J. A. , Kohonen, T. K. , & Laaksonen, J. T. (1990). Variants of self-organizing maps. Neural Networks, IEEE Transactions on, 1(1), 93-99.
  16. Kaski, S. , Kangas, J. , & Kohonen, T. (1998). Bibliography of self-organizing map (SOM) papers: 1981-1997. Neural computing surveys, 1(3&4), 1-176.
  17. Kiang, M. Y. (2001). Extending the Kohonen self-organizing map networks for clustering analysis. Computational Statistics & Data Analysis, 38(2), 161-180.
  18. Fritzke, B. (1994). Growing cell structures—a self-organizing network for unsupervised and supervised learning. Neural networks, 7(9), 1441-1460.
  19. Kaski, S. , Nikkila, J. , & Kohonen, T. (1998). Methods for interpreting a self-organized map in data analysis. In In Proc. 6th European Symposium on Artificial Neural Networks (ESANN98). D-Facto, Brugfes.
Index Terms

Computer Science
Information Sciences

Keywords

Classification Artificial Neural Network Self-Organized Map Learning Algorithm.