February 2008 - RS2 visits President of Malta

Shortly after the close of the User Forum, RS2 management headed by its Chairman and founder, Reinhold Schaeffter paid a courtesy visit to His Excellency Dr. E.Fenech Adami, President of the Republic of Malta. The delegation discussed matters of mutual interest particularly in the ICT arena. Mr. Schaeffter presented the President with a gift for the Malta Community Chest Fund.
February 2008 - RS2 User Forum

The much anticipated RS2 User Forum was held on the 19th and 20th February. Clients and sponsors expressed their appreciation for the hospitality shown by RS2 and commented on the professional organisation of the event and depth of content directly relevant to the clients present in the forum.
December 2007 - S-Bank Ltd, launches Europe's first Visa debit and credit multi application EMV card in Finland

S-Bank Ltd is the first issuer in Finland and in Europe to offer the Visa Credit and Visa Debit multi application on chip and PIN payment cards, presenting exciting opportunities for customers and issuers alike. As a new entrant to the banking market, S-Bank is demonstrating its commitment to innovation by leading the way in harnessing the true power of the chip to benefit customers. The installation of BankWORKS with its suit of modules for Issuing , Acquiring, Clearing, etc including all required interfaces to the various systems at S-Bank have been delivered with high quality and according to the project plan allowing the bank to start its operation on time.
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End-to-End Solution
BankWORKS is a end-to-end solution supporting all aspects of Card Issuing and Acquiring Services needed by financial organizations 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 productively and enhance client services as it also supports you with risk and fraud management.


Time-to-Market, a key to Success
The BankWORKS Product Management allows the discrete, individually parameterized control of each product and services and its business rules. New terms and conditions for products and customers segments can easily be introduced by bankers without involving computer specialists. New products, such as new credit, charge, debit, and loyalty cards and others can be launched rapidly to capitalize on a business opportunity.


All Major Card Organizations Supported
BankWORKS Modules and components have been approved and certified by Visa, Europay, MasterCard, American Express, Diners Club and JCB. BankWORKS can also be adapted to any domestic infrastructure for authorization processing and bilateral clearing.


Scalable to Business Growth
BankWORKS offers flexibility of hardware and software processing upgrades. To meet with increasing business opportunities and new products offerings, the scalability is a key factor in every card payment system. The modular architecture of the system enables to provide structured software components addressing specific customer requirements. This allows the customer to achieve short-term objectives, whilst at the same time positioning themselves with a platform designed for future growth in terms of volume, service and product expansion.


Multi-Currency
As one of very few solutions in the market, BankWORKS provides full multi-currency support of foreign currency, including the Euro. Multiple foreign exchange rates are maintained in the system and separate FX conversion rules are defined for each level of conversion. All FX related accounting entries are automatically generated according to internationally accepted accounting. Cross-border acquiring and issuing is also fully supported.


Service Provider & Multi-Language Facility
BankWORKS is designed to operate in a multi-institutional environment for service providers at a single installation using the cross-environment facility. A number of service providers world-wide are using this facility today with great success. BankWORKS is also a multi-language system that can easily be tailored to local languages for screens and reporting without any programming. Multiple languages can be operated in the system simultaneously through an integrated dictionary function.


Leading Edge Technology
RS2 Software Group is focused on being one of the leading edge companies within new technology and new business areas, and are continuously developing and upgrading our solution according to client and market requirements. The development are supported by a number of personell including a research team dedicated to providing better and improved features to meet market trends and requirements. RS2 are working in close relationship with business partners such as Visa International , Europay International and other third party partners.
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