A PROJECT REPORT ON INTERNET BANKING SYSTEM (No of pages: 98)
INTRODUCTION TO PROJECT
INTRODUCTION OF INTERNET BANKING
AIM AND OBJECTIVES
REVIEW OF LITRETURE
SOFTWARE AND HARDWARE
SOFTWARE DEVELOPMENT MODEL
OVERALL DESCRIPTION OF MODULES
DATA FLOW DIAGRAM AND DATABASE DESIGN
LAYOUT DESIGN AND CODING
The Internet Banking System provides the facilities like Balance Enquiry , Funds transfer to another account in the same bank, Request for cheque book /change of address/stop payment of cheques and Viewing monthly and annual statements. The Internet Banking System has developed a new security infrastructure for conducting commerce on the Internet. The initiative, called BankID, aims to become a national ID infrastructure supporting services such as authentication and digital signatures for the entire authentication population.Thus today’s banking is no longer confined to branches. E-banking facilitates banking transactions by customers round the clock globally.
- To understand the problems encountered in by people while using Internet-Banking services (ATM, Phone Banking, etc)
- To study the awareness level of service class people regarding Internet-Banking.
- To find out the frequency and the factors that influences the adoption of Internet-Banking services.
- To measure the satisfaction level of people regarding Internet-Banking.
PROBLEM STATEMENT AND LITERATURE REVIEW:
PROBLEM STATEMENT :
Some problems of the manual system nowadays manual system includes:
- Data isolation.
- Poor Security.
- More chances of error.
- Difficult to maintain.
- Internet connection
The term “online banking” or “internet banking” covers both computer and telephone banking. Using computer banking, a customer either uses his computer to dials directly into its bank’s computer or gains access to the bank’s computer over the internet. Using telephone banking, the customer can controls its bank accounts by giving the bank instructions over the telephone. Both computer and telephone banking involve the use of passwords which give access to the customer’s accounts.
Using these methods, banking transactions can be actioned 24 hours a day. Online banking allows the person, for instance, to view recent transactions, print out statements and transfer funds between accounts and make payments. Many banks also have the facility for someone to set up, amend or cancel standing orders. Internet banking also allows payments to be made to the customer, i.e. acceptance of credit card donations. Most people that use internet banking will also continue to use some of the elements of more traditional methods of banking, such as a cheque book.
RESEARCH METHODOLOGY & REFERENCES:
METHODOLOGY TO BE USED:
DATA COLLECTION DESIGN
Data would be collected with the help of using questionnaires. A questionnaire, which is also known familiarly as an interview schedule with a format containing a list of questions sequentially order to obtain information relevant to the objectives of the study.
The main purpose is to identify the requirements clearly during system analysis phase. Getting useless requirements is meaningless. So following techniques to be used to collect the data.
- Group Meetings
As this is another important technique for analysis of system in Software Development Life Cycle, we have also created a questionnaire to extract some necessary information regarding.
SOFTWARE AND HARDWARE TO BE USED:
Software Requirements :
Operating System : Windows XP/2003 or Linux
User Interface : HTML, CSS
Programming Language : Java
Web Applications : JDBC, Servlets, JSP
IDE/Workbench : My Eclipse 6.0
Database : Oracle 10g
Server Deployment : Tomcat 5.x
Frame Work : Struts 1.x
Processor : Pentium IV
Hard Disk : 40GB
RAM : 512MB or more
MODULES TO BE USED:
The Online banking Application project will be divided into 4 modules namely:
- Account Information
The customer to be asked to enter user name & password. When the user enters the details & submits it goes to a validation engine where it checks valid/not. If valid he is shown with list of accounts he has with the bank.
Once your registration is complete you will be able to access all of your accounts, with information asked in the prompts during the registration process. We use this information to authenticate you as a user with access to the retail loan or lease account.
- Selecting the Account: After logging in the user is choose the details of accounts and he selects one of the accounts in order to perform the transaction.
- Balance Enquiry: The balance details of a particular account to display. Balance of current account ,fixed and saving account
This module helps the customer in executing the fund transfer without the physical visit to the banks premises.