June 2008 - RS2 IPO fully subscribed

RS2 Software p.l.c. is pleased to announce that it has decided to close the subscription lists immediately upon reaching the 12,500,000 shares threshold established under the Combined Offering.

June 2008 - RS2 announces oversubscription of pre-placement exercise

RS2 Software p.l.c. announces that it has successfully attracted subscriptions in excess of the threshold of 50% of the Combined Offering during the pre-placement stage.

June 2008 - RS2 signs Eur600,000 contract with New York firm

RS2 Software p.l.c. has signed a Eur600,000 contract with Transworks LLC of New York. Transworks LLC is an independent sales organisation which facilitates the card transaction process and acts as an intermediary between banks and retailers, and will be processing more than 400 million transactions per year. This falls in line with RS2's current expansion plans to further penetrate the US market and to enhance its potential for growth.

June 2008 - New bankWORKS modules and brochures released

The new Dispute Management System is now fully released and ready for installations. A brochure can be found here. The Chip Card issuing and acquiring brochures have also been updated.


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Online Authorization Module in BankWORKS is probably the most time critical function in the card business. Successful online authorization software solutions require the highest level of technological sophistication. In today's rapidly expanding markets transaction volumes can be a make or break issue.


The authorization system enables financial institutions to communicate with various international card organizations. Using state of the art communications core application (ComServer) and internal routing, this process occurs transparently, regardless of mixed or heterogeneous networking environments.


By means of a single software module, the authorization system converts complex communications devices, protocols, and message formats into a process which can be installed as a stand-alone solution or distributed among several hosts.


Key Features

Full network connection capability is supported for VISA BASE I and EuroPay EPS-NET

Utilizes security modules for PIN verification, etc.

Configurable interface to host BASE 24 enabled systems

Authorization system for "OWN" cards

Supports authorization and management of EFT-POS and ATM networks through POS and ATM Controller Modules

Support for voice authorization terminals

Multiple instances can be networked to provide fault tolerance and scalability

Online interfaces to external system can be supported

Provides multi-bank support for service providers


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