Banking management systems are most commonly used in banks and credit cards but they can also be found in retail stores, government offices, and other institutions which offer financial services. They are designed to make bank transactions easier by providing a single, comprehensive interface for users to access all their accounts through one website. The technology behind these systems has undergone consequential expansion over time, with many modern implementations consisting of web-based software running on cloud servers hosted by third-party service providers. The banking management system is what you use to manage your bank account. It is the tool that allows you to check your balance, transfer money and so much more. This paper will explore the different uses of a banking management system and how it helps users in their everyday life. We are providing online banking services along with self as well as another account transactions in these management systems which is coded in C programing language.
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Bank management governs various concerns associated with banks in order to maximize profits. The concerns broadly include liquidity management, asset management, liability management and capital management. But still there might be some flaws in this system. These flaws may be holes in rules and regulations, bribery, excuses of lunch, bank’s slow server, employees’ attitude towards work, long waiting times in customer services etc. So, these issues can be solved by an interface connected directly to the bank’s administration through which a person can do their daily minimal banking jobs not through an ATM but through their smartphone. Here comes our project BMS which is a CLI program scripted through python, and data managed by DBMS. The user can perform transactions between accounts of the same bank, check balance, create or delete accounts, deposit or withdraw amounts.
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International Journal for Research in Applied Science & Engineering Technology (IJRASET)
Salesforce is a very hot cloud computing technology in the IT industry, which is available on the cloud, with no need to install any software as well as no hardware required. Salesforce is one on-demand CRM, which runs on the platform, as well as CRM, which is a model used to manage organization interactions like phone calls, Emails, Meetings, and Social media with customers and also prospects penetrating to Sales, Marketing, and Support. In this paper, we are discussing Introduction to Cloud Computing, Service models in Cloud Computing, Types of Cloud Computing Architecture of Cloud Computing. This paper aims to show mainly the importance of Salesforce.com which is a software giant that manages to give the buyer an easyto-use as well as extremely effective CRM solution.
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– Because of the speed, flexibility, and efficiency that it offers, the Internet has become the means for conducting growing numbers of transactions between suppliers and large international corporations. In this way, the Internet has opened new markets to the world and has accelerated the diffusion of knowledge. The meaning of Internet markets or online business has been widely used in these days. The success of the business depends on its flexibility, availability and security. Since that the web-based systems should have a special way to design the system and implement it. Nowadays, the Internet Banking System widely used and the banks looking to provide the best quality system with highly available, fast response, secure and safe to use. The Unified Modelling Language (UML) is the uniquely language which is used to analyse and design any system. In this paper, the UML diagrams has been proposed to illustrate the design phase for any banking system. The authors, presented two types of architecture which is used for the Internet Banking System.
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Journal of Information & Communication …
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Journal of Entrepreneurship & Organization Management
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The article contains a study of cloud technology and standards applicable to Core Banking System (CBS). National regulators often require storage of the data on physical servers of the country where the bank is registered. This is probably due to the lack of awareness of cloud technology data protection capabilities on the regulator side. Although main cloud service providers comply with international security standards, such as Payment Card Industry Data Security Standard (PCI DSS), International Organization for Standardization (ISO 9001:2015, ISO/IEC 27001:2013, ISO/IEC 27017:2015) and many other national security standards [3]. This means they offer much higher degree of information security that the bank can afford within own infrastructure. Modern mathematical systems and methods have been used to define an optimal configuration of cloud based platform for CBS. An analytical model was built based on the EC2 memory optimized class instances configuration.
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ABSTRACT In its very basic form, E-banking can mean the provision of information about a bank and its services via a home page on the World Wide Web (WWW). E-banking is fast becoming a norm in the developed world, and is being implemented by many banks in developing economies around the globe. The main reason behind this success is the numerous benefits it can provide, both to the banks and to customers of financial services. For banks, it can provide a cost effective way of conducting business and enriching relationship with customers by offering superior services, and innovative products which may be customized to individual needs. For customers it can provide a greater choice in terms of the channels they can use to conduct their business, and convenience in terms of when and where they can use E-banking. The evolution of electronic banking (E-banking) started with the use of automatic teller machines (ATMs) and has included telephone banking, direct bill payment, electronic fund transfer and online banking. According to some, the future direction of E-banking is the acceptance of mobile telephone (WAP-enabled) banking and interactive-TV banking. However, it has been forecast by many that online banking will continue to be the most popular method for future electronic financial transactions. Electronic funds transfer (EFT), refers to the computer-based systems used to perform financial transaction electronically. The term is used for a number of different concepts including electronic payments and cardholder-initiated transactions, where a cardholder makes use of a payment card such as a credit card or debit card. Card-based EFT transactions are often covered by the ISO 8583 series of standards. Keywords: E-banking, E-banks, E-commerce, E-marketing.
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