The RAAY architecture provides interfaces and connection into existing systems and offers easy access to the legacy services to applications:
RAAY VS TRADITIONAL BANKING
RAAY USER INTERFACES
RAAY provides a series of user interfaces for administration, accounting, auditing, business integration, user help desk, call center, and more. The interfaces are implemented as web front ends as well as mobile apps for Android and iOS.
Example: Financial administration panel
Allowing the account administrators to control all aspects of accounting: Create, open and close user accounts, accounts for businesses, see the history of all transactions, initiate transaction reversals. The financial administration panel offers all necessary reports to serve the users, businesses, and to comply with regulations and taxes. All reports provide search and filter functionalities.
Example: Business Panel
Serves businesses with their accounting, invoicing, and audit, provides features of fraud detection, revocation of transaction, and requesting conflict arbitration.
Example: Mobile Client
For users and businesses RAAY offers a mobile client to check account balances, and to initiate and authenticate transactions. The client is implemented as smartphone app on Android and iOS but also via SMS multi-factor authentication to include also people that only have access to basic phones.