April 2010 - Cards Asia 2010 Conference

RS2's participation as a Conference Exhibitor in Cards Asia 2010, further demonstrates it's announced commitment to the Asia Pacific Region. Cards Asia is the number one Card Conference in Asia with over 450 attendees.

February 2010 - RS2 User Forum Malta 2010

Following the success of the last User Forum, RS2 Software is again inviting its customers to the RS2 Software User Forum Malta 2010 which is being held at the Westin Dragonara Resort, Malta, on the 10th & 11th of March 2010.

July 2009 - RS2 Software at Cards Middle East

A delegation from RS2 Software recently attended Cards Middle East - the largest cards and payments conference and exhibition in the region - which was held at the Al Bustan Rotana Hotel, Dubai.

June 2009 - BANKWORKS validated by PCI Security Standards Council

The PCI Security Standards Council has provided RS2 Software's card payment solutions BANKWORKS with the Payment Application Data Security Standard (PA-DSS) validation.

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The BankWORKS solution supports all aspects of Card Issuing and Acquiring Services needed by financial organisations to operate as professional players in the card market. BankWORKS handles information on all your products, customers and merchants within one single integrated solution. It supports comprehensive management information to improve business decisions, and helps you increase productivity and enhance client services as it also supports you with risk and fraud management.

Card Processing Engine

Card Issuing

Merchant Acquiring

Interchange Clearing

Online Authorization

PIN Management

Domestic and International Products BankWORKS supports a wide range of domestic and international card products through a highly flexible parameter-driven product set-up:

        Revolving Credit

        Charge

        Debit

        Deposit

        Corporate

        Purchasing

        Installments

        Private Label

        Loyalty

        Smart Cards

        Affinity

Primary Functions The primary function of BankWORKS is to process card issuing and acquiring transactions. The software offers broad functionality within the following key activities:

        Application Processing

        Risk Management

        Online Authorization Control

        Customer Relationship Management

        Cardholder and Merchant Agreements

        Product and Service Management

        Institution Business Rules Management

        Service Provider Management

        Card Management

        Merchant Management

        Billing and Statementing

        Clearing and Settlement

        Sub-General Ledger

        Statistics and MIS Reporting

Design & Architecture Built around a core processing module, BankWORKS is structured on multi-tiered client server architecture. It embraces open technology which allows the system to run on single or multiple servers and to exploit the ever increasing power of multi-processor technology. In applying five design principles:

        Modularity

        Scalability

        Functionality

        Parameterization

        Adherence to Industry Standards

BankWORKS offers clients the ability to tailor installations to meet specific business doing challenges and processing requirements thus achieving realistic cost benefits in an ever changing environment.