Scribd
Upload
36 views19 pages

Project Report: Department of Computer Science and

Uploaded by

sreejaravinderreddy
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
36 views19 pages

Project Report: Department of Computer Science and

Uploaded by

sreejaravinderreddy
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
You are on page 1/ 19

DEPARTMENT OF COMPUTER SCIENCE AND ENGINEERING

PROJECT REPORT

NAME: K.MANI SREEJA


ROLL NO.:22P61A05B0
BRANCH & SEC: CSE-2B
ONLINE BANKING SYSTEM
ABSTRACT
• This project introduces an Online Banking System developed using
Python, integrated with a MySQL database. The system offers customers a
convenient and secure platform to manage their finances remotely. Built
upon Python's Flask framework for the backend and MySQL as the
database management system, the system provides various
functionalities, including account creation, balance inquiry, fund transfers,
bill payments, transaction history viewing, and account closure. User
authentication and authorization are implemented using secure login
mechanisms, ensuring that only authenticated users can access their
accounts. The integration with MySQL enables efficient storage and
retrieval of user data, ensuring data integrity and reliability. Additionally,
the system incorporates encryption techniques to safeguard sensitive
user information during data transmission. With its intuitive interface,
robust security measures, and seamless integration with MySQL, the
Online Banking System in Python offers customers a comprehensive
solution for managing their banking needs online.
INTRODUCTION
• A Bank Management System is like a digital brain that
helps banks organize and manage their day-to-day
operations. It's a software tool that makes running a
bank smoother and more efficient.

• banking system is subject to comprehensive


regulations aimed at ensuring financial stability,
protecting consumers, and preventing illicit activities
such as money laundering and fraud. Regulatory bodies
enforce prudential standards and oversight.
OBJECTIVES
•Account Creation and Management: Allow users to
open new bank accounts and manage their details.
•Depositing Funds: Enable users to deposit funds into
their accounts.
•Withdrawing Funds: Allow users to withdraw funds from
their accounts.
•Balance Enquiry: Provide users with the ability to check
their current account balance.
•Displaying Account Details: Allow users to view detailed
information about their accounts.
•Account Closure: Enable users to close their bank
accounts.
•User Feedback and Notifications: Provide users with
immediate feedback on their actions and notify them of
the outcomes.
•Data Security and Integrity: Ensure the security and
integrity of user data during transactions.
•Ease of Navigation and User Interaction: Create an
intuitive and user-friendly interface for all banking
operations.
•Scalability and Maintainability: Design the system to
be scalable and easy to maintain.
LITERATURE SURVEY
• The development of online banking systems emphasizes
user-centric design, robust security measures, efficient
database management, and scalability. Research underscores
the importance of intuitive interfaces for user satisfaction, as
well as secure data handling to protect transactions.
Immediate user feedback enhances engagement and trust,
aligning with established best practices. Employing
technologies like Flask and MySQL, the described system
ensures efficient, secure operations and maintainability.
These advancements facilitate building responsive, user-
friendly, and secure online banking applications, addressing
critical aspects highlighted in recent studies.
GAP IDENTIFICATION
•Personalized User Experience: Lack of customized
interfaces based on user preferences and behavior.
•Enhanced Security Features: Need for advanced
measures like biometric authentication and real-time fraud
detection.
•Improved Error Handling: Better error messages and
robust error resolution mechanisms required for user
satisfaction.
•Real-Time Transaction Monitoring: Increased
transparency and fraud prevention through enhanced
monitoring capabilities.
PROBLEM STATEMENT
Develop a robust and secure online banking system using Flask and
MySQL to provide essential banking services such as opening accounts,
depositing and withdrawing money, checking balances, viewing
account details, and closing accounts. The system must ensure data
integrity, user authentication, and a seamless user experience. The
current implementation lacks advanced security measures, user
authentication, error handling, and a modern user interface, which
need to be addressed to enhance functionality and user satisfaction.
METHODOLOGY
Incremental Development Approach:

1. Requirements Gathering: Gather detailed requirements from


stakeholders for essential functionalities and user interfaces.

2. System Design: Design the system architecture, database schema,


and UI with a focus on security and regulatory compliance.

3. Incremental Phases:
 Phase 1: Basic Functionality
1. Develop core functionalities like account management, deposit, and
withdrawal.
2. Implement basic security measures and ensure intuitive UI design.
 Phase 2: Transaction Management
1. Enhance transactional capabilities such as balance checking and transfer
operations.
2. Introduce real-time monitoring and error handling mechanisms.
 Phase 3: Security Enhancements
1. Strengthen security with features like two-factor authentication and secure
data transmission.
2. Conduct vulnerability assessments and mitigate risks (e.g., SQL injection).
Phase 4:
User Experience and Integration
• Improve user experience with features such as account
details display and personalized settings.
• Integrate with external APIs for additional functionalities
and conduct usability testing.
Testing and Quality Assurance:
• Perform rigorous testing including unit testing, integration
testing, and user acceptance testing (UAT).
• Ensure compliance with regulatory standards (e.g., GDPR,
PCI DSS) and validate system performance and security
resilience.
Deployment and Maintenance:
• Deploy the system in stages to minimize disruption,
ensuring maximum uptime and user satisfaction.
• Provide ongoing support, bug fixes, and updates to address
evolving needs and maintain high system performance.
UML DIAGRAM
SYSTEM ARCHITECTURE
Framework and Language:
Developed using Flask, a Python-based web framework, for
handling HTTP requests and responses.

Database Integration:
Utilizes MySQL as the backend database management
system for storing account information and transactional
data.

Frontend Components:
Renders HTML templates using Flask’s render_template
function, coupled with CSS for styling and JavaScript for
interactive elements on the client side.
RESULT
RESULT
FUTURE SCOPE
•Enhanced Security Features: Implement advanced
security measures like encryption for sensitive data and
multi-factor authentication to enhance user account
protection.
•Transaction History: Include functionality to view
transaction histories and statements, providing users with
detailed insights into their account activities.
•User Profiles and Settings: Develop user profile
management functionalities allowing users to update
personal information, change passwords, and set
preferences.
•Multi-Device Compatibility: Ensure the application is
responsive and accessible across various devices,
improving user experience and accessibility.
•Integration with Payment Gateways: Enable
seamless integration with payment gateways to facilitate
online transactions such as bill payments and fund
transfers.
CONCLUSION
The provided Flask application integrates with
MySQL to create a basic online banking system. It
supports functionalities such as opening
accounts, depositing and withdrawing funds,
checking balances, displaying account details,
and closing accounts. Each operation interacts
with the MySQL database to maintain account
data and handle transactions securely. The
application uses Flask's routing capabilities to
manage different user actions through web
interfaces.
REFERENCES
Flask Documentation: Official documentation for Flask
provides comprehensive guides and examples on
building web applications using Flask: Flask
Documentation

MySQL Connector/Python Documentation: Official


documentation for MySQL Connector/Python library,
which is used to connect Python applications with MySQL
databases: MySQL Connector/Python Documentation

Real Python Flask Tutorials: Real Python offers


tutorials on building web applications with Flask,
including database integration with MySQL: Real Python
Flask Tutorials
THANK YOU

You might also like