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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The PIN Management Module in BankWORKS provides high security features. From the security standpoint this is probably the most card organization-regulated activity in the card business. Card organization standards and security procedures must be followed exactly. The PIN management system provides total security to card issuers during the card production process.


The PIN Management Module is fully configurable and utilizes common core modules and functions for both business rules, product and card schemes details. Configuration and customer specific requirements can easily be tailored by using set-up parameters.


Key Features

Parameter-driven functions for easy customization and configuration to meet needs and requirements from the financial organization

Security modules based on industry standards for PIN generation (CVC and CVC2) encryption, and PIN mailer printing

Multiple security encoding schemes are supported from international card organizations such as Visa

EuroPay/MasterCard, IBM 3624, and proprietary organizations

Supports encoded information for track 1,2 and 3

Supports Multiple Plastic Types including Smart Cards

Multiple Addresses Options for PIN Mailers and Card Carriers

New PIN, Same PIN and No PIN are all supported

Multiple Issuer supported

Card Carrier production and file transfer to external issuer systems

Encoding and embossing production and file transfer to plastic encoding and embossing machines


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