The objective of this project is to build a secure multi-bank payment aggregation system that enables users to manage transactions across multiple banks through a unified interface. The system ensures secure authentication, encrypted communication, and centralized transaction monitoring.
Study multi-bank integration models and financial API standards.
Identify security challenges in aggregating multiple banking systems.
Design a unified authentication framework for users.
Implement secure API connections with simulated bank systems.
Encrypt transaction data during transmission and storage.
Develop centralized dashboards to monitor aggregated transactions.
Implement anomaly detection for cross-bank suspicious activities.
Maintain audit trails for compliance requirements.
Simulate transactions across multiple bank accounts.
Evaluate system performance and scalability.
Document interoperability challenges and security enhancements.
