Intelligent Banking System

Abstract

In a world where security and privacy is the main concern, it is more important than ever to advance the current security systems. Fraud threats prevention is specifically crucial in banking systems, where there are billions of dollars in transactions daily. In this research we are aiming to tackle some of the banking system vulnerabilities and issues through proposing a newer solution and design, which is prone to credential and financial theft and fixes some issues that current banking systems have. In this research the concept of Security methods is introduced. The Encryption types, operations, functions and applications and rule based systems are thoroughly discussed. Finally, in this research the Final Design, cost, time plan and hurdles in applying the proposed design and future work are explained and discussed in detail.