Bankworks Issuing
versatile, powerful, customisable,
card issuing software
Issuing
The constantly changing demands of customers to pay when, where and how they choose coupled with more conservative spending habits and stricter regulations following the global financial crisis have been adding pressure on issuers’ profits. For issuers to remain competitive there is a growing need to evaluate the profit potential of card programmes and adapt card portfolios.
Bankworks Issuing provides advanced and fully integrated card issuing capabilities. The high-performance solution is designed to support millions of cards across every possible type/range of product.
It provides the flexibility to design and configure new products or to modify existing ones, enabling us to easily tailor a solution to suit your specific needs.
Multiple cards may access one account or one card may access multiple accounts. The user can upgrade a card without changing the plastic transferring all the account information and balances to the new account. Highly parameterised, Bankworks Issuing provides complete, automated application processing features to support all the information required to set up new clients and to issue new card products. It handles the issuance of new cards, renewals and re-issues.
Client information is securely stored in accordance with the PCI rules in a central client information database. This means that agreements between the organisation and its clients can be easily created and maintained.
- Modules
- Features
- Capabilities
Bankworks Issuing Modules include:
- Automated Application Processing
- Credit Scoring
- Multi-application Status
- 4-Eyes Application Approval
- FX and currency conversion
- Cardholder Loan
- Instalment
- Product Accounting
- Loyalty/Rewards
- Card Production
- PIN Management
- Campaign Management
- Transaction Management
- Insurance
- Reminder
- Collection
- E-wallet
- Bonus
Bankworks Issuing Features include:
- FX and currency conversion all currencies
- FX Mark up
- Consolidated statement
- Individual Cardholder Agreement (fees, charges, billing etc)
- On-us / Interbank/Intrabank
- Product Accounting
- Transaction Management
- Hierarchy management
- One account multiple cards, one card multiple accounts
- Velocity checking
- Dual Card support (Debit/Credit sharing one or different accounts)
Bankworks Issuing Capabilities include:
- Local, regional and cross-border issuing capability
- Supporting all card schemes
- MasterCard/Visa/Amex/Diners/JCB/Discover/CUP/PL
- Private label, closed loop, gift cards, virtual card
- Multi-level hierarchy
- Flexible pricing at product/customer level
- Multi BIN/ICA transaction processing under a single institution (International, domestic, On-us)
- Market Segmentation
- Multi lingual Reporting
- 'Know your customer' support
- Multi-currency issuance
- Multi Institution
- Internal clearing and settlement cross institution
- Loading of multiple rate files per day
- Risk and Fraud Management
Contact us for further information about our Bankworks Issuing >
Press Releases
| January 20, 2012Four Cards and Payments Elites join RS2's Advisory Committee RS2 forms a new Advisory Committee that will guide the company to keep on enhancing its BankWORKS card management system and international expansion.
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| January 12, 2012RS2's Board Appoints New Chairman and C.E.O. The Board of RS2 agreed to appoint Mr Mario Schembri as Chairman and Mr Radi El Haj as Chief Executive Officer. During their careers both executives have worked closely on various RS2 projects.
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| November 24, 2011RS2 exhibits at a Payment Innovation Summit in Shanghai RS2 participated as an exhibitor at Payment Innovation (China) Summit 2011 in Shanghai. The Director of Sales and Implementation, Mr Radi El Haj was present to meet attendees and discuss with them about BankWORKS and how it can be beneficial when implemented in their business.
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News
| September 2, 2011New licences lead to surge in profits at RS2 Software plc RS2 Software p.l.c. published its Interim Financial Statements for the first half of the year 2011. The financial statements show a revenue of €4.7 million, a 67 per cent increase over the first six months of 2010.
Source: Times of Malta |
Testimonial
| OmniPay deploys Bankworks
Hubert O'Donoghue CEO, OmniPay
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