Bankworks Core
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Core
Bankworks Core is the heart of our system. Combined with our other Bankworks products it delivers an end-to-end solution supporting all aspects of card issuing, acquiring and clearing services needed by financial and non-financial organisations.
All our other products and services are built around the core, providing highly scalable and flexible solutions. This enables clients to set up their system rapidly and cost effectively by configuring only those products and modules required for their business.
- Modules
- Features
- Capabilities
Bankworks Core Modules include:
- Product Configuration for issuing and acquiring
- Fees and Charges Generation
- FX and Conversion
- Cardholder and Merchant Customer Relationship Management
- Report Generation
- Statement and Billing
- General Ledger and Accounting
- Access management
Bankworks Core Features include:
- Flexible product and fees setup
- User-driven product configuration
- Hierarchical change within cardholder/corporate and Merchant Group
- Loading of multiple rate files on the same day keeping a record of each rate
- Reports can be easily designed by the user
- Process monitoring
- Web based
Bankworks Core Capabilities include:
- Supporting multiple:
- institutions
- currencies
- languages
- Local, regional and cross-border capability
- Supporting all card schemes
- MasterCard/Visa/Amex/Diners/JCB/Discover/CUP/PL
- Private label, closed loop, gift cards, virtual card
- Multi-level hierarchy for merchant and cardholder
- Flexible pricing at multiple/merchant levels
- Consolidated reporting
- Multi BIN/ICA transaction processing under a single institution (International, domestic, On-us)
- ATM
- POS
- E-Commerce
- M-Commerce
- NFC (Near Field Communication)
- MOTO
- Recurring payment
- Vertical market support, covering multiple sectors, e.g. supermarkets, travel/leisure, hospitality, insurance and healthcare.
- On-Us /Interbank/Intrabank capability
Global compliance of interchange rates
Contact us for further information about our Bankworks Switch >
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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OmniPay has benefited hugely from deploying Bankworks as its Back Office Merchant Accounting System. Bankworks' flexible architecture and parameter driven rules based approach has supported the rapid growth of our business, which now processes in excess of 1 billion transactions annually.We look forward to continued sustained growth with the support of our vendor partner RS2.