20-08-2012, 02:17 PM
Net Banking
net banking.docx (Size: 1.88 MB / Downloads: 70)
Introduction
Objective and scope of the project
Online banking or Net-banking can be defined as online systems which allow customers to plug into a host of banking services from a personal computer by connecting with the bank’s computer over telephone wires. Technology continues to make online banking easier for average consumers. Banks use a variety of names for online banking services, such as PC banking, home banking, electronic banking or Internet banking. Regardless of the name, these systems offer certain advantages over traditional banking methods.
This application is designed to implement the banking solution on the web to enable the customers to transact, sitting at their PC, making their account available to them 24 hours a day. While the customer has all the options of transactions online, the administrative functions are still limited to the bank officials.
About Company
International Design & Engineering Solutions (IDES), (Group Company- Consulting Engineering Corp at Reston USA) is a premier structural engineering company providing Structural & Geotechnical engineering consultancy services to Architects, Builders, and Contractors globally. IDES was established in 2007 at Gurgaon, (prominent business hub in NCR-Delhi Region) India. The motto of the corporation is to deliver its clients the best quality services at the least turnaround time and in the most economical way.
Over this small period of the time IDES has expanded to provide structural consultancy to the other states within United States and is poised for a successful start in countries like UK, Australia, ME, Canada, and New Zealand. Today IDES has 4 offices of its group company in US, and 2 it’s own State of art facilities in India. The company provides structural consultancy services for all types of Residential, Commercial, and Institutional works.
The firm understands that a successful project integrates the design and construction requirements into a whole. By soliciting the input of the construction team during the earliest stages of the planning process, their design will complete the project with less cost and schedule changes. Therefore, the services result in creative, innovative, and cost effective solutions that satisfy the project design needs while adhering to the project budget and schedule.
To make the vision a reality, it is the primary responsibility of the firm’s principal to direct operations, project management, and client relations with each project being managed and designed by a qualified project engineer with competent AutoCAD support. It is the firm’s policy that the principal be thoroughly involved with each project from inception to completion to ensure that the client remains our central focus through proper quality control of our product and co-ordination between the other design professionals and contractors.
System Analysis
Creation of Java
Java was conceived by James Gosling, Patrick Naughton, Chris Warth, Ed Frank and Mike Sheridan at SUN Microsystems Incorporation in the year 1991.It took 18 months to develop the 1st working version. This language was initially called “OAK”, but was renamed “JAVA” in 1995, many more contributed to the design and evolution of the language.
Java Overview
Java is a powerful but lean object-oriented programming language. It has generated a lot of excitement because it makes it possible to program for Internet by creating Applets. Programs that can be embedded in web page. The context of an applet can be an animation with sound, an interactive game or a ticker tape. With constantly updated stock prices. Applets can be just little decorations to liven up web page, or they can be serious applications like Word processor or Spreadsheet.
But Java is more than a programming language for writing Applets. It is being used more and more for writing standalone applications as well. It is becoming so popular that many people believe it will become standard language for both general purpose and Internet programming.
There are many buzzwords associated with Java, but because of its spectacular growth in popularity, a new buzzword has appeared ubiquitous. Indeed, all indications are that it will soon be everywhere.
Existing system:
For any type of transaction a person has to go to bank. It is a very time-consuming process. Because if a person is out of station then a person has to come to a particular branch of bank for any type of transaction. It means that a person who wants to do any type of transaction such as he wants to open a new account then he has to come to the bank himself manually. All tasks such as deposit and withdrawal of money, opening a new account, applying for car loan, educational loan, house loan etc. are processed by the employees of a bank. If an employee is busy then a customer has to wait for a while, so this is very time consuming for the customer to do a particular transaction with the bank. If more than one person come for transaction then person has to wait in a queue for a long time.
Proposed System:
Limitations faced in the existing system can be overcome with the concept of Net-banking. All tasks performed manually can be done with computerized systems nowadays. Today Net-banking has become the most efficient way to do a transaction very fast. Majority of the transactional services will be provided by way of Internet. Net-Based banking comes at only 10% of the operating costs of conventional banking and services.
A cost comparison study done by IBM Global Services Consulting Group shows the advantage of using Internet as medium for Banking Services over other traditional medium. As per the recent survey traditional Banks spend 60% of the revenues generated to run a branch where as the cost of providing the same services via Internet comes out to be only 15%. This is a huge savings for Banks and Consumers. Consumers will access the same Services with more efficiency at low cost.
Conclusion
It is believed that in the future Internet Banking will recede in importance as a strategic application to become a competitive necessity that must be adopted by most of the government departments.
India is striding smoothly towards integrated E-Governance. In next five years situation will be entirely different. Most of the Banking and Governmental transactions will be web based. This is just a transformation phase towards knowledge economy. There is a great role to paid by the citizens of the country to adopt E-Governance and should not resist to change. Quick adoption emerging pro-active knowledge society, the Central Government and the State Government will have no choice to constantly improvise to bring in greater efficiency, Accountability and Transparency in their functioning.
net banking.docx (Size: 1.88 MB / Downloads: 70)
Introduction
Objective and scope of the project
Online banking or Net-banking can be defined as online systems which allow customers to plug into a host of banking services from a personal computer by connecting with the bank’s computer over telephone wires. Technology continues to make online banking easier for average consumers. Banks use a variety of names for online banking services, such as PC banking, home banking, electronic banking or Internet banking. Regardless of the name, these systems offer certain advantages over traditional banking methods.
This application is designed to implement the banking solution on the web to enable the customers to transact, sitting at their PC, making their account available to them 24 hours a day. While the customer has all the options of transactions online, the administrative functions are still limited to the bank officials.
About Company
International Design & Engineering Solutions (IDES), (Group Company- Consulting Engineering Corp at Reston USA) is a premier structural engineering company providing Structural & Geotechnical engineering consultancy services to Architects, Builders, and Contractors globally. IDES was established in 2007 at Gurgaon, (prominent business hub in NCR-Delhi Region) India. The motto of the corporation is to deliver its clients the best quality services at the least turnaround time and in the most economical way.
Over this small period of the time IDES has expanded to provide structural consultancy to the other states within United States and is poised for a successful start in countries like UK, Australia, ME, Canada, and New Zealand. Today IDES has 4 offices of its group company in US, and 2 it’s own State of art facilities in India. The company provides structural consultancy services for all types of Residential, Commercial, and Institutional works.
The firm understands that a successful project integrates the design and construction requirements into a whole. By soliciting the input of the construction team during the earliest stages of the planning process, their design will complete the project with less cost and schedule changes. Therefore, the services result in creative, innovative, and cost effective solutions that satisfy the project design needs while adhering to the project budget and schedule.
To make the vision a reality, it is the primary responsibility of the firm’s principal to direct operations, project management, and client relations with each project being managed and designed by a qualified project engineer with competent AutoCAD support. It is the firm’s policy that the principal be thoroughly involved with each project from inception to completion to ensure that the client remains our central focus through proper quality control of our product and co-ordination between the other design professionals and contractors.
System Analysis
Creation of Java
Java was conceived by James Gosling, Patrick Naughton, Chris Warth, Ed Frank and Mike Sheridan at SUN Microsystems Incorporation in the year 1991.It took 18 months to develop the 1st working version. This language was initially called “OAK”, but was renamed “JAVA” in 1995, many more contributed to the design and evolution of the language.
Java Overview
Java is a powerful but lean object-oriented programming language. It has generated a lot of excitement because it makes it possible to program for Internet by creating Applets. Programs that can be embedded in web page. The context of an applet can be an animation with sound, an interactive game or a ticker tape. With constantly updated stock prices. Applets can be just little decorations to liven up web page, or they can be serious applications like Word processor or Spreadsheet.
But Java is more than a programming language for writing Applets. It is being used more and more for writing standalone applications as well. It is becoming so popular that many people believe it will become standard language for both general purpose and Internet programming.
There are many buzzwords associated with Java, but because of its spectacular growth in popularity, a new buzzword has appeared ubiquitous. Indeed, all indications are that it will soon be everywhere.
Existing system:
For any type of transaction a person has to go to bank. It is a very time-consuming process. Because if a person is out of station then a person has to come to a particular branch of bank for any type of transaction. It means that a person who wants to do any type of transaction such as he wants to open a new account then he has to come to the bank himself manually. All tasks such as deposit and withdrawal of money, opening a new account, applying for car loan, educational loan, house loan etc. are processed by the employees of a bank. If an employee is busy then a customer has to wait for a while, so this is very time consuming for the customer to do a particular transaction with the bank. If more than one person come for transaction then person has to wait in a queue for a long time.
Proposed System:
Limitations faced in the existing system can be overcome with the concept of Net-banking. All tasks performed manually can be done with computerized systems nowadays. Today Net-banking has become the most efficient way to do a transaction very fast. Majority of the transactional services will be provided by way of Internet. Net-Based banking comes at only 10% of the operating costs of conventional banking and services.
A cost comparison study done by IBM Global Services Consulting Group shows the advantage of using Internet as medium for Banking Services over other traditional medium. As per the recent survey traditional Banks spend 60% of the revenues generated to run a branch where as the cost of providing the same services via Internet comes out to be only 15%. This is a huge savings for Banks and Consumers. Consumers will access the same Services with more efficiency at low cost.
Conclusion
It is believed that in the future Internet Banking will recede in importance as a strategic application to become a competitive necessity that must be adopted by most of the government departments.
India is striding smoothly towards integrated E-Governance. In next five years situation will be entirely different. Most of the Banking and Governmental transactions will be web based. This is just a transformation phase towards knowledge economy. There is a great role to paid by the citizens of the country to adopt E-Governance and should not resist to change. Quick adoption emerging pro-active knowledge society, the Central Government and the State Government will have no choice to constantly improvise to bring in greater efficiency, Accountability and Transparency in their functioning.