So here is the program I am going to make, I decided to go with the name ‘Flow’ for this project I think its quite catchy and and gives the right impressions of my program and what it does.

‘Flow’ is a banking program which allows users to add their own bank accounts to the system and can review their outgoings and financial situations on the go, here are the benefits of the program.

• Accounts can be added regardless of what bank / building society it is part of.
• Viewing current funds without the need of a cash machine.
• Transfer money across accounts you are registered to instantly, in order to prevent fraud, money transfers to accounts in another name are held for a minimum of 24 hours with a maximum transfer limit of £300.
• Users can only register bank accounts in their name, this is also a feature which is implemented in an effort to combat fraud.
• ‘Financial Forescasts’ allow the user to programme in monthly direct debits, they may access a calender which shows when these direct debits go out or come in and show the amount of money they will have at that point based off their current bank balance.
• Eliminate the danger of being charged by your bank for overdrawing from your account - Users can set up a supplementary service which can transfer a preset amount of money to an account which drops below a preset margin.
• View bank statements that allow you to back further than your previous 5 actions, without the need to go to your local branch.
• Utilising the ‘Financial Forecast’ service the user can recieve warnings to their phone that their bank account does not have enough funds for an upcoming payment up to 72 hours in advance of the due payment.
• Budget schemes are also available for people who need to stick to a set amount of money. Simply enter the budget amount, time intervals and start date and ‘Flow’ will send a warning when you go over the set amount.

These are the main points that ‘Flow’ will have, obviously the user’s bank accounts will need to have some kind of online service, though this is commonplace nowadays. In order to come up with this idea i looked and 2 different examples of financial planning online: Barclays.mobi and Quicken I found these programs to be well thought out and functional pieces of technology but the main edge ‘Flow’ has over them is the ability to add all of a users accounts to one device rather than being restricted to barclays accounts only, or having to manually put in all of your expenditures. In essense I wanted to take the best parts of these programmes and marry them together, whilst trying to expand on their core design.

I tried to make ‘Flow’ as secure as possible without going overboard on security settings. so it will be safe and simple to use without the worry of security issues.

Now I can start work on my demo for ‘Flow’ which will be posted up here as soon as possible, I’m hoping to create both a funcioning prototype and a presentation but time constraints may force me to just make the presentation.

Coming Soon

Signing Off

Dave