Review Paper on NextGen Banking: A Secure and Scalable Banking System

This research introduces NextGen Banking, an innovative web-based banking system that prioritizes security, scalability, and superior user experience. Leveraging the Spring Boot framework with MVC architecture and PostgreSQL integration, the platform automates essential banking operations—including user account management, transactions, loans, and card services. The study delves into the system’s technical architecture, layered design, and robust security mechanisms, while also addressing key implementation challenges and solutions. Designed for modern financial institutions, NextGen Banking offers a seamless, efficient, and future-proof alternative to traditional banking systems.