Prediction of Bank Customer Value based on RFM Model Using Improved Decision Tree to Reduce the Maximum Required Memory

Management and evaluation of valuable customers, is one of the most important banking factors to reduce costs and increase profitability. In recent decades, many researchers have studied on the analysis of the customer attributes to evaluate value of them using data mining techniques and decision tree is one of the most widely used data mining algorithms in the field. Since this algorithm for built tree, considers only one attribute at a time to test each node and ignores the dependency between attributes, therefore, required maximum memory is increased. To solve this problem, in this research a method is proposed to improve the decision tree using neural network to explore the dependency between the attributes based on reduction in required maximum memory that is used based on RFM model to predict customer values. Results show that the proposed method using dependencies between attributes will predict the new customer values by less maximum memory compare to the basic method .