International Research Journal of Engineering and Technology (IRJET)
e-ISSN: 2395-0056
Volume: 12 Issue: 03 | Mar 2025
p-ISSN: 2395-0072
www.irjet.net
Nextus Banking Platform with Finance Manager Sahil Kadam1, Priyanshi Sapariya2, Sonal Naik3 12Student Dept. of Computer Science and Engineering, V.I.T College, Mumbai, Maharashtra, India
3Professor, Dept. of Computer Science and Engineering, V.I.T College, Mumbai, Maharashtra, India
-----------------------------------------------------------------------------***------------------------------------------------------------------------inefficiency and potential security breaches. Nextus Abstract - Nextus Banking Platform + Finance Manager –
Banking Platform with Finance Manager is designed to overcome these challenges and provide an integrated financial management solution that is both safe and convenient. “TheNextus” merges multiple financial tools into one platform where users can monitor the transactions in real time, transfer money in a secure manner, and analyze data about their spending behavior. Built on the latest technology like Next. After using
Smart Way To Take Control Of Personal Finance It acts as an all in one platform to track transactions, manage transfers, and get an overview of financial health. Next is are utility made for accessing the network with security, scalability, and ease of use in mind. JS[4], TypeScript and Appwrite[3], that ensures a seamless experience for users. It uses Plaid[1] to access bank accounts for account linking, and uses Dwolla[2] to transfer funds, thereby protecting data privacy and ensuring financial visibility. Chart gives Nextus visibility into its overall finances. [6] to display of transaction data via intuitive graphs and charts, helping users spend wisely. With a variety of features such as real-time alerts, categorical spending review, and financial reporting, the app acts as a one-stop solution for personal finance management.
TypeScript and Appwrite,[3] you can ensure that performance scaling and security is top quality. Nextus covers users' bank balances through a Plaid1support but, at least on the user side, everyone can have their hands on multiple accounts by having them merged into Nextus in order to have all financial data at a single location. And, Lugano's integration with Dwolla[2] offers fast, secure funds transfers on site—eliminating the need for another banking app or outside vendor. The inclusion of Chart. js[6] enhance financial data visualization, giving user an interactive overview of the financial health using dynamic graphs and reports. In this paper we analyse the reasons for changing the architecture of Nextus platform, its implementation and operation and describe new paradigms of modern digital banking and financial management. Nextus is the fintech component designed to make money management easier and more secure and is designed to be essential smart money for individuals and enterprises that take their financials seriously.
Even though security is a major focus, robust authentication mechanisms and encryption methods are leveraged to secure sensitive user data7. Nextus consolidates all financial activity into one interface so you no longer have to juggle the portals for your various banks. It is designed to be integrated with third-party financial applications, so you will find users are always up to date and have a better experience overall. You cannot build on top of the platform — it runs on highlydeployable, resilient, and compliant-up-to-the-minute secure infrastructure. For a completely safe and reliable financial service for people and businesses, we have Nextus which can accomplish that. It centralizes and automates financial tracking making your finances easy to manage and keeps your data secure.
2. Literature survey/related work The rise of financial technology in the last few years means that we now have digital banking solutions which can help us manage our money better. This means that, in traditional banking systems, users have to log into multiple accounts, manually keep track of their spending, and manage financial transactions across multiple platforms. Studies have shown that customers prefer financial platforms that integrate services to offer immediate data insights and make banking visits seamless.
Key Words: Banking, Finance Management, Secure Transactions, Real-time Monitoring, Fund Transfers, Financial Analytics, Personal Finance, Security.
1.INTRODUCTION As we all are in the era of computers and information technology, managing the finance of any individual and business sector has become extremely difficult. As the entities and enterprises grow the number of bank accounts, diverse financial transactions, and online banking demand, they require a single platform to assist them in managing all their financial activities in a single location. Traditional banking systems make us log into different portals, enter our expenses manually and take time to make transactions -- all of which leads to system
© 2025, IRJET
|
Impact Factor value: 8.315
It is highlighted by previous research as the fragmentation of financial management issues, and the increasing demand for integrated banking products. A new study by McKinsey & Company found that over 60% of users access various platforms in order to get an overview of their financial behavior, which can lead to fragmentation of information and inefficiencies. Similarly, it was found in Forrester research that features such as real-time tracking
|
ISO 9001:2008 Certified Journal
|
Page 736