Authors : Tuyisenge Marie Josee; Dr. Wilson Musoni

Volume/Issue : Volume 10 - 2025, Issue 3 - March

Google Scholar : https://tinyurl.com/5jr4bwwn

Scribd : https://tinyurl.com/mprmc2dx

DOI : https://doi.org/10.38124/ijisrt/25mar1746

Google Scholar

Note : A published paper may take 4-5 working days from the publication date to appear in PlumX Metrics, Semantic Scholar, and ResearchGate.

Note : Google Scholar may take 15 to 20 days to display the article.

Abstract : Recent technological advancements, particularly in banking and financial services, have profoundly influenced the development and use of applications. The increasing demand for modern banking systems to address consumer expectations, speed up market entry, enhance user experiences, improve security, and optimize system efficiency has led to the adoption of new technologies. This trend has sparked the creation of numerous banking-specific modernization solutions. Within the interconnected banking, financial services, and insurance (BFSI) sectors, the need for effective enterprise application integration (EAI) is crucial for gaining both technological and business advantages. Real-time data streaming through technologies like Apache Kafka has become essential for enabling seamless communication between systems. Kafka, a widely used distributed streaming platform, surpasses traditional message queues in scalability, message retention, data replication, and processing order, making it an essential part of modern banking systems. Unlike batch processing, which processes large volumes of data at set intervals and can cause delays in transactions, streaming technologies eliminate lag by processing data continuously in real-time, significantly enhancing the speed and accuracy of financial operations. The shift from batch systems to real-time streaming allows BFSI applications to process transactions and settlements more quickly, reducing processing times and improving operational efficiency. Additionally, the use of Kafka enhances the security and reliability of data transfers, making it a valuable tool for modernizing banking infrastructures. Therefore, integrating real-time streaming technologies like Kafka not only improves system performance but also boosts security, scalability, and operational effectiveness, enabling financial institutions to better meet customer demands in an increasingly digital economy.

References :

1. Abba, S., & Garba, A. M. . (2019). An IoT-based smart framework for a human heartbeat rate monitoring and control system. Multidisciplinary Digital Publishing Institute Proceedings.
2. david. (2023). realtime notification. Retrieved from https://ultimatemember.com/extensions/real-time-notifications/#:~:text=Add%20a%20real%2Dtime%20notification,when%20user%20role%20is%20changed.
3. Erin Brenner,Stan Carey. (2023). Monitoring. Retrieved from https://www.vocabulary.com/dictionary/monitoring
4. Hassanalieragh, M., Page, A., Soyata, T., Sharma, G., Aktas, M., Mateos, G., ... & Andreescu, S. . (2015). Health monitoring and management using Internet-of-Things (IoT) sensing with cloud-based processing: Opportunities and challenges. . IEEE international conference on services computing (pp. 285-292). IEEE.
5. Malijan, R. (2013, Novermber 18). Related Literature and Studies. Retrieved from https://www.slideshare.net/RoquiMalijan/group-3-28367418
6. Nurdin, M. R. F., Hadiyoso, S., & Rizal, A. . (2016). A low-cost Internet of Things (IoT) system for multi-patient ECG's monitoring. September). A low-cost Internet of Things (IoT) system for multi-patient ECG's monitoring. In 2016 International Conference on Control, Electronics, Renewable Energy and Communications (ICCEREC) .
7. Saddam. (2015, november 4). Automatic Water Level Indicator and Controller using Arduino. Retrieved june 29, 2023, from circuitdigest: https://circuitdigest.com/microcontroller-projects/water-level-indicator-project-using-arduino
8. wikipedia. (2023). what is alerting. Retrieved from https://en.wikipedia.org/wiki/Alerting_system
9. wikpedia. (2024, january 06). Meaning of Health_care. Retrieved from wikipedia.org: https://en.wikipedia.org/wiki/Health_care#:~:text=For%20other%20uses,and%20individuals%2C%20influenced