More about bank software methodology.

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Hello,

There are some software that is related to my projects and I want to know more about bank software methodology. If I will conduct a study about this it will really help me out to overcome my tasks. I need your advise. Thank you.

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Best Answer by Willet Engelin
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Answered By 0 points N/A #133531

More about bank software methodology.

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Here I am going to discuss the newer application for banking briefly but informatively. I think that would assist you to perform your project.

Applications that are regularly using for bank transaction and interaction are more complicated apps from many worlds wide applications because of various steps and process are included in the application. Multiple function running for many online user, massive integration, large scale transitional working per seconds, transactional security, thousands of report daily, audit for troubleshooting consumer, vast store management and for manage during any difficulties. European Bank and finance group runs internet banking process through Waterfall for better and quicker project delivery. GTBank is also getting better service at transactions, for NEFT works and NIBBS instant payment works. Agile development has brought revolutionary changes for this decade for quicker and better transaction.

Answered By 0 points N/A #133532

More about bank software methodology.

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When you say banking software it’s not single software but a wide range of software application. Most important part of this kind of software is transaction handling and backing up data frequently. When you are dealing with money transactions you have to be very careful and accurate with your application and database programming, One single mistake can cause you big troubles in a real time application. Every back has huge back up storage sometimes even out of the country. There doing this to enhance the security as much as possible.

If you are developing a basic banking application consider the following.

  • Creating user accounts
  • Keeping track on account holders deposits and withdrawals
  • Number of accounts per same customer
  • Calculating interest rate for a particular time period 

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