Mini Project Review-3

14-11-2023
DIGITAL BANKING : ENHANCING STREAMLINED
AND SECURE e-TRANSACTIONS
By
1. G.Vital – 20E41A0532
2. K.Mahesh – 20E41A0522
3. MD.Umez – 20E41A0539
4. K.Venkatexh – 20E41A0517

Supervisor Head of Department

Dr.Amit Agrawal Dr. Venkata Achutha Rao
Head of the Department
Ph.D Ph.D.
Professor of CSE Dean Academics
SDES SDES

SREE DATTHA INSTITUTE OF ENGINEERING AND SCIENCE

(AUTONOMOUS & AFFILIATED TO JNTUH, HYDERABAD, TELANGANA - 501510)
2023-2024
Digital Banking: Enhancing
Streamlined and Secure e-
Transactions
Revolutionizing finance, our initiative, 'Digital Banking: Enhancing Streamlined
and Secure e-Transactions,' is a progressive leap towards seamless, secure, and
efficient financial interactions in the digital era.
 CONTENTS

 Literature Survey
 System Analysis
 Requirement Specification
 Methodology
 System Design
 Coding & System Testing
 Conclusion & Future Scope
Literature Survey
Vivek Kumar Sindhi “Digital Banking”, Submitted on 31 March-2023,http://www.ijirmf.com
, ISSN: 2455-0620,Vol .09

1 Integration of Computer Vision and ML for Safety Enhancement

- In the realm of digital banking, the evolution

towards a streamlined and secure ecosystem hinges
2 Enhanced Emergency Response and Quicker Assistance
on the pivotal concept of integration.
- The security fabric of digital banking relies on the
thoughtful integration of measures such as encryption
and biometrics, fortifying the system against evolving
threats.
-The project also excels in the emphasis on enhancement is
pivotal for ensuring swift and effective interventions.
-The integration of advanced technologies and streamlined
processes stands as the cornerstone of an improved emergency
response system.
-Evident in this evolution is the heightened focus on user
experience.
System Analysis
PROBLEM DEFINITION
 n emergency response, existing systems often face challenges such as fragmented communication, slow
coordination, and limited real-time data sharing, hindering the efficiency of assistance efforts during
critical situations.

EXISTING SYSTEM
 Current emergency response systems may lack seamless integration of technologies, leading to delays
and inefficiencies in communication, coordination, and resource mobilization during emergencies.

LIMITATIONS OF EXISTING SYSTEM

o Fragmented communication channels hinder quick and efficient information sharing during emergencies.
o Lack of real-time data integration results in delayed and less accurate decision-making.
o Inefficiencies in coordination and resource allocation may lead to suboptimal emergency response outcomes.

PROPOSED SYSTEM
 In the realm of digital banking, the proposed system envisions a seamless and secure experience,
integrating cutting-edge technologies to streamline transactions.The proposed digital banking framework
aspires to revolutionize the financial landscape, ensuring swift and secure transactions while prioritizing
user experience and confidence.
 ADVANTAGES OF THE PROPOSED SYSTEM

• Streamlined processes and integrated technologies lead to quicker and more efficient digital transactions.
• Advanced security protocols
• user-friendly and satisfying digital banking experience.
FEASIBILITY STUDY
The study will explore technological, economic, and operational aspects, evaluating the system's
compatibility with existing infrastructure, cost-effectiveness, and scalability.
• Economic Feasibility
• Technical Feasibility
• Resource Feasibility

ECONOMIC FEASIBILITY
 Evaluates the financial viability of the project, considering costs, benefits, and potential returns on
investment to determine if the project is economically feasible.
 Cost-Effectiveness: The project demonstrates economic feasibility through a comprehensive breakdown of
costs, emphasizing efficient resource utilization and long-term sustainability.
TECHNICAL FEASIBILITY
 Assesses the technical requirements, infrastructure, and compatibility of implementing the proposed system
within existing technologies.

SOCIAL FEASIBIL.ITY
 Evaluates the availability of necessary resources, including human resources, technology, and materials, to
determine if the project is feasible from a resource perspective.
 Resource feasibility is a type of feasibility study that assesses the availability and adequacy of the resources
required for a proposed project.
Requirement Specification

SOFTWARE REQUIREMENTS
Operating system : windows 11
Language : Java
Backend : Java
IDE : Intellej IDEA

HARDWARE REQUIREMENTS
Processor : intel core i5
Hard disk : 16GB and Above
RAM : 4GB and Above
 Methodology
Problem Statement :The existing digital banking landscape faces challenges in providing a seamlessly
integrated and secure platform for electronic transactions. Fragmented communication channels, inefficient
authentication mechanisms, and vulnerabilities in the current security infrastructure contribute to suboptimal user
experiences and heightened risks of fraud.

 Addressing these issues is paramount to meet the growing demand for efficient, user-friendly, and secure
digital banking services in an increasingly interconnected financial environment.

Project Scope:
1.Objective: The project objectives aim to deliver a comprehensive and innovative digital
banking solution, aligning with industry standards, user expectations, and regulatory
requirements.
2.Geographical Scope: Focus on [Specify City/Region/Country].
3.Temporal Scope: Analyze historical data spanning [Specify Time Period].
4.Data Sources: Utilize government databases.
5.User Impact: Enhance security, efficiency, and user experience.
 Project Initiation
Implementation Methodology Steps:
Requirements Gathering

System Design

Implementation

Testing

User Training

Feedback and Iteration

Deployment

Maintenance and Support

System Design

UML Diagram

1) Use case diagrams: From data preparation stage to “providing authorities

with safety measures”.
2) State chart: From inputting user data set to “Total years accidents analyse”.
3)Activity diagram: “From user input data” To “Total road accidents within
specified years”.
 Conceptual Technology
Requirements
Design Stack

Digital Banking Security and

Prototyping
Components Compliance

Review and
Refinement

Fig: System Architecture

UML: Use Case Diagram
UML: State Chart Diagram
UML: Activity Diagram
 Code
i
iImport java.util.HashMap;
import java.util.Map;

class User {
private String username;
private String password;
private double balance;

public User(String username, String

password) {
this.username = username;
this.password = password;
this.balance = 0.0;
}

public String getUsername() {

return username;
}

public boolean authenticate(String

password) {
this.username = username;
this.password = password;
this.balance = 0.0;
}

public String getUsername() {

rereturn username;
}

public boolean authenticate(String password) {

return this.password.equals(password);
}

public double getBalance() {

return balance;
}

public void deposit(double amount) {

balance += amount;
}

public boolean withdraw(double amount) {

if (amount <= balance) {
balance -= amount;
return true;
}
return false;
}
} class DigitalBank {
private Map<String, User> users;

public DigitalBank() {
users = new HashMap<>();
}
public String registerUser(String
username, String password) {
if
(users.containsKey(username)) {
return "Username already
exists. Please choose another.";
} else {
users.put(username, new
User(username, password));
return "User " +
username + " registered
successfully.";
}
}

public String loginUser(String

username, String password) {
if
(users.containsKey(username)
&&
users.get(username).authenticat
e(password)) {
return "Welcome, " +
username + "!";
} else {
return "Invalid username
or password.";
}
}
public String deposit(String
username, double amount) {
if
(users.containsKey(username)) {

users.get(username).deposit(am
ount);
return "Deposit
successful. New balance: " +
users.get(username).getBalance
();
} else {
return "User not found.";
}
}

public String withdraw(String

username, double amount) {
if
(users.containsKey(username)) {
if
(users.get(username).withdraw(
amount)) {
return "Withdrawal
successful. New balance: " +
users.get(username).getBalance
();
} else {
}
return "Insufficient funds.";
}
} else {
return "User not found.";
}
}
}

public class Main {

public static void main(String[]
args) {
DigitalBank bank = new
DigitalBank();

System.out.println(bank.register
User("user1", "pass123")); //
User registration

System.out.println(bank.loginUs
er("user1", "pass123")); //
User login

System.out.println(bank.deposit
("user1", 1000)); //
Deposit

System.out.println(bank.withdra
w("user1", 500)); //
Withdrawal
}
Results
Testing

1 . Unit testing
 Unit testing involves the design of test cases that validate that the internal program logic is functioning
properly, and that program inputs produce valid outputs.

 All decision branches and internal code flow should be validated. It is the testing of individual software units
of the application .It is done after the completion of an individual unit before integration. This is a structural
testing, that relies on knowledge of its construction and is invasive.

2.White Box Testing

 White Box Testing is a testing in which in which the software tester has knowledge of the inner workings,
structure and language of the software, or at least its purpose. It is purpose. It is used to test areas that cannot
be reached from a black box level.
3 Black Box Testing
 Black Box Testing is testing the software without any knowledge of the inner workings, structure or
language of the module being tested. Black box tests, as most other kinds of tests, must be written from a
definitive source document, such as specification or requirements document, such as specification or
requirements document.

4. System Test
 System testing ensures that the entire integrated software system meets requirements. It tests a
configuration to ensure known and predictable results. An example of system testing is the
configuration-oriented system integration test. System testing is based on process descriptions and flows,
emphasizing pre-driven process links and integration points.
Conclusion
In conclusion, the project endeavors to contribute to the evolution of digital
banking by prioritizing streamlined transactions and enhancing security
measures.

 The project "Digital Banking: Enhancing Streamlined and Secure e-

Transactions" represents a significant step towards modernizing and
fortifying the digital banking landscape.

 The selection of a judicious technology stack, considering factors like

security, scalability, and regulatory compliance, has been pivotal in shaping
the project's success.

 The collaborative efforts of the development team, guided by a well-defined

methodology and architectural blueprint.
Future Scope
 The future scope for the "Enhancing Streamlined and Secure e-
Transactions" digital banking project is promising and multifaceted.

 By incorporating advanced biometric authentication methods and

artificial intelligence for personalized services, the system can offer a
heightened level of security and tailored user experiences.

 Integration with blockchain technology presents an opportunity to

enhance transparency and traceability in financial transactions.
Thank you!