Purpose of the project: The main purpose of this project is to focus on real-life application scenarios. The agenda would be to build an application and implement the banking features.
The project is divided into two parts. The first part contains the main functionality of the banking website such as transferring money, withdrawing money, depositing money, etc. The second part of implementation contains the advanced features such as transferring money using interact, currency conversation, a restriction of transferring $1000 per day, a minimum balance of the account must be Rs 10000, withdrawal error in case of minimum balance goes below Rs 10000 due to withdrawal, admin and non-admin privileges on banking features and so on.
The goal is to design an online banking application that should have all the necessary basic as well as advanced features. This project is implemented on Java using Spring MVC Framework.
This project is covering the skills and core areas of Java Spring MVC Application with equal emphasis on theory and practice. The main focus is to implement an application and analyze issues in the applications followed by a case study in the same area.
Scope of the solution
Through this project, we can develop the banking portal for new banking firms, or we can suggest a better solution to the existing banking portals. Though all existing banking portal has the features that have been implemented in our project, however, an enhancement can be made by analyzing the robustness and accuracy of our application.
Future scope and further enhancement of the project
The project can be made more advanced by implementing sessions, hosting email interaction features on the SMTP level, and many more. Indeed, Java MVC Spring gives a robust platform to develop solutions to real-world problems. It is easier to debug, manage, maintain and develop. It also has a huge list of spring libraries to make developer tasks easy throughout the task.
The problem with Online Banking Applications
Affects: Customers, Admin
The impact of this is Banking Transactions
A successful solution would be to Design a database for storing the entire information, a front end for user interaction with the system, and analysis of daily, weekly, monthly, or yearly transactions of different types with the implementation of validation.
1. Study of different software development lifecycle models
2. Study of Java Spring MVC Framework
3. Study of Dao and Controller Interactions
4. Study of existing banking applications
5. Study of class lectures, PPT, book, and Stackoverflow
6. Study of Admin and Non-Admin Privileges
7. Study of Application Validation
8. Study of Application Risks and Vulnerability
Download Construction Management System Java Project using Spring MVC framework