Bacup IT signed the contract with Sibakadembank on the development of "Systems of money transfer". This is software for a new service which the bank is planning to grant to the population in the near future - instant transfer of money, similar to Western Union.
A client would be able to transfer money from any branches of Sibakadembank or bank- partner without indicating precise address but only the country and the surname of recipient. Immediately after this the addressee would be able to obtain this transfer at the nearest to him bank.
Like any other bank software "System of money transfer" must answer the high safety demands, the speed of information transmission, reliability and scalability. The product developed by Bacup IT would posses following characteristics:
- The protection of information would have a multilevel safety system. In particular, in the application would be used PKI (Public Key Infrastructure).
- The information about the transfer would be transmitted instantly. The addressee would be able to obtain the money in several seconds after the payer would give them to the bank and an operator will input data into the system.
- The system would operate 24/7 and will ensure long-term storage of data in the protected archives.
- The software product would be able to work with unlimited number of service points which is ensured by the multilink architecture of application.
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