Bankount: A bank account management system using smartphone

Abstract

Bankount is a bank account management system for managing multiple bank accounts from a single platform. Most people, especially corporate and business man hold multiple bank accounts. But neither there is no way to know the total deposit, nor to know individual account balance or transaction records from the same platform. On the contrary, to know the current account balance they need to visit the nearest bank branch as most of the bank does not provide online service yet or even if they provide, it’s not free. Moreover, this service is not available in holidays. Although there is a system running in Europe named Numbrs which is a financial technology company based in Switzerland. It offers an app called Numbrs that aggregates bank account and credit card information and facilitates mobile banking and personal financial planning. But as this system is connected to the bank server with API, it allows limited banks to maintain which they are partnered with. In this experiment, we tried to develop a system which will incorporate all kind of bank transaction information based on their transaction message sent to their customer, as every bank provide this service for free. This system will scan bank transaction messages from the user’s smartphone with our mobile app and extract transaction information to the cloud. Users will be able to see all their bank transaction information from anywhere and anytime.