Work

Better Banking: Smart Approach to Financial Decision Making

Year: 2025
Type: article
Abstract: This project presents the development of a web application designed to allow users to easily compare various banking services, such as loans, deposits and other financial products. The platform will enable users to compare important factors like interest rates, fees, loan terms, and policies across multiple banks, simplifying the decision-making process. The platform mainly focuses on loans. The loans can be divided mainly on the basis of purpose and based on repayment terms. The main objective here is to help the user by offering filtering options based on interest rates, fees, loan tenure and eligibility criteria. Additionally, it integrates, sorting mechanisms, and questionnaires to understand user financial needs and personalized banking service recommendations. The platform mainly uses modern technologies such as React for the front end and for backend it uses Node.js with Express.js and database like MongoDB. The main peculiarity of the platform is that it integrates different banking APIs for real-time data. By promoting this platform, we promote transparency and accessibility, this platform has the potential to revolutionize banking interactions and foster financial literacy.
Authors: Rohan R Krishna, Ron Mathew Modayil, Tintu Alphonsa Thomas, Saran Sankar, Rosh Aben Jacob
Language: English
Open Access status: diamond
OpenAlex ID: W6893279808
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