We are thrilled to celebrate the exceptional achievements of our team members who have demonstrated unparalleled dedication, innovation, and excellence. Congratulations to Lab Bhattacharjee Sumanta Sarkar, Sourav Mukherjee, Abhishek Seal, Abhishek Chatterjee, Tanay Agarwal, Jishnu Basu and Suparna Mitra for their outstanding contributions that have propelled RS Software forward. #starperformer #stellerperformance #achievement #innovation #stars #keyperformer
RS Software
IT Services and IT Consulting
Milpitas, California 22,867 followers
Payments at the speed of thought!
About us
RS Software, founded in 1991, delivers best-in-class solutions to its clients, a list that includes the world’s leading payments brands. We integrate knowledge management, innovation and specialised methodologies with focus on payments technologies to make sure our clients get that competitive edge. The company provides solutions to financial institutions, payment network providers, payment processors and software companies providing products to the payment industry. We have successfully completed thousands of projects across the globe delivering operational efficiencies and attractive price performance. RS Software understands today's payment environment because it has participated in its evolution. This expertise has helped its clients address the convergence of payment types, the proliferation of mobile devices, the move to cloud computing and the introduction of new strategies, such as behavioral targeting. With over two decades of expertise in providing newer technologies in digital payments, RS Software has built solutions for the introduction of mobile and contactless payments while mitigating the pain and cost associated with the legacy systems supporting them. Through it all, RS Software has kept its emphasis on availability, scalability and security providing solutions for environments that have the capacity to process billions of secure transactions a year at speeds of more than 15,000 transactions per second. In India, we have the privilege of building unique payment platforms like Unified Payments Interface and Bharat Billing Payment Solutions - an integrated online platform for all bill payments in India. RS Software utilizes a proprietary methodology (via RS School of Payments and RS Payments Lab) that is based specifically on the unique dynamics of the payments industry, to deliver a full range of software solutions to its clients. The Company operates in three continents, with its US headquarters in Silicon Valley, offices in United Kingdom, and corporate headquarters in Kolkata, India.
- Website
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http://www.rssoftware.com
External link for RS Software
- Industry
- IT Services and IT Consulting
- Company size
- 51-200 employees
- Headquarters
- Milpitas, California
- Type
- Public Company
- Founded
- 1991
- Specialties
- Custom Application Development, Quality Assurance and Testing, Application Maintenance and Support, and Strategic Consulting
Products
RS DigitalEdge™
Payment Processing Software
An innovative multi-rail digital overlay service layer, a critical building block for digital transformation. RS DigitalEdge™ is an open-source product that, on the one hand, enables the enterprise API capability for central payment infrastructure digitalization and, at the same time, accelerates building multiple API-led use cases across payments, open banking, and banking as a service for Financial Institutions and Fintech, as well as enables the transformation of the legacy payment infrastructure.
Locations
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Primary
1900 McCarthy Boulevard
Suite #103
Milpitas, California 95035, US
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Employees at RS Software
Updates
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EBA Day 2024, the leading payments conference in Europe underscored the critical need for collaboration, innovation, and regulatory compliance in advancing the future of payments. 5-minutes is all you need to get a glimpse of the insights and connections gained at the event, which are expected to drive significant advancements in the industry. https://lnkd.in/gQDNNHWE #EBADay2024 #collaboration #innovation #regulatorycompliance #paymentinsights
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RS Software reposted this
The main buzzword at #EBAday has been fraud! Collaboration between banks is key in the fight against fraud. Fraud recalls are 6X higher than instant payments, emphasizing the importance of verification of payee. Key insights shared by industry experts Peter Ryan, Marc Corbalan, Erwin Kulk, Simone Loefgen and Kannan Rasappan shed light on new approaches to fraud management. Pay.UK's recent study results further highlight the effectiveness of bank collaboration in identifying fraud transactions. #fraudprevention #bankingindustry #collaboration RS Software launched the electronic fraud and risk management platform in India and showed 80% reduction in fraudulent transaction in the first year. A testimony as well to the value of banks collaborating on a single consortium.
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Are your ready to transform your payments? Unlock the future of real-time payments with ISO 20022 to elevate your financial transactions with enhanced efficiency, global interoperability, and unmatched customer satisfaction. RS Software is at the #EBADay 2024 to help you start your journey towards seamless real-time payments!
Real time payments across the globe with Jude Pinto at Payments Canada, Daniel Baum at @federal reserve bank, Kjeld Herreman at RedCompass Labs, Uwe Klatt at GEVA Group, Robert Magee at Australian Payments Network (AusPayNet) and Isabel Schmidt at BNY The federal reserve launched their instant payments 11 months ago and have grown from 35 to over 800 partners. Adoption and achievement at scale in Australia is fairly slow in terms of volume. The federal reserve is focused on domestic adoption but with a global focus as an accelerator. BNY is focusing on converging the different models they have for correspondent banking with the focus on ISO20022, it’s important how you implement the different variants of ISO, standardization around reporting requirements is key to reduce friction. Redcompass labs talks about the importance of using the rich data made available through #ISO20022. 10% of the population in Europe cannot do real time payments. When looking at overlay services and which will have the greatest impact on real time payments: confirmation or payee was the highest contender followed closely by centralized fraud. Importance of creating an ecosystem and interlinking data. Sandboxes allowing banking partners to collaborate Raj Jain #EBAday #overlays RS Software #fraud #realtimepayments
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Discover how RS Software is transforming the payments landscape with real-time payments and innovative solutions like #UPI. Get to meet us in Lisbon at the #EBADay event today and tomorrow. #realtimepayments #FinTech #paymentsolutions #europeanpayments
RS Software is excited to start #EBAday with a great panel focusing on the future of payments and whether it will remain to be profitable. Wonderful insight from Joy Macknight , Tsvetanka Nankova and Michael Reinwald. Trends in the industry driven by regulations including real time payments and cloud based platforms is at the heart of RS Sofware when we launched #UPI and transformed the world of #realtimepayments Michael mentions how payments has and always will be increasingly more complex with more and more non bank players in the payments market. Our innovation lab is excited to continue to bring thought leadership in this domain Tsvetanka mentions how with 80+ real time payments solutions co exist today. How India has shown the benefit of a unified payments interface (UPI) and a goal of having one unified payments cross border platform in the future. #sanctionscreening #crossborderpayments #sepainst #europeanpayments Raj Jain
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We are going to be at the #EBADay2024 in Lisbon. Join us to discover how our innovative solutions can revolutionize your business and deliver outstanding results!
How do leading banks transform to monetize digital payments 40% faster than their competition, enabling higher customer satisfaction? Find out how RS Software modernizes payments for real-time processing efficiency and multi-rail connectivity!
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RS Software will be at the #EBADay2024 event. You can join us there to discover how our solutions can transform your operations and drive exceptional results.
Interested in building overlay connectivity that can handle the strong customer authentication and payment orchestration of the embedded payment? RS Software delivers a seamless financial crime experience and guarantees security and high performance.
Building overlay connectivity
rssoftware.com
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The RS Software team is excited to be at The Payments Canada SUMMIT, booth #24! With one day down, we are eagerly looking forward to two more days of thought-provoking sessions and forward-thinking conversations about the future of payments in Canada! #Innovation #FutureOfPayments" #paymentmodernization #revolutionizingpayments
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The RS Software team comprising Raj Jain, Sumit Misra Dipankar Dey, and Abhishek Gupta are excited to represent the company at The Payments Canada SUMMIT. We look forward to reconnecting with leaders, establishing new connections, generating interest in our offerings, and engaging in innovative discussions on the future of payments. https://lnkd.in/gDf4-U8t #digitalpayments #futureofpayments #paymentsmodernization #showingtheworld
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How do central infrastructures achieve high performance at a latency of less than 100 milliseconds for the ever-demanding stateful money movement? Discover how RS Software maximizes availability, reliability, and security for multi-rail payment infrastructure! Visit Booth #24 at the Payments Canada Summit, Toronto. Learn more - https://lnkd.in/gDf4-U8t #moneymovement #realtimepayment #rtp #billpayment #fraudriskmanagement
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