Through this collaboration, Visa’s front-end authorisation services will be seamlessly integrated with RS2’s robust back-end processing capabilities. This integration will facilitate efficient and reliable payment processing for banks, fintech companies, and merchants globally.
Early implementations are already in progress in regions like Europe and Latin America, with growing interest from financial institutions keen on modern solutions to meet the dynamic demands of global payments.
Built on RS2’s API and cloud-native architecture, this platform is integrated with Visa’s services, knowledge base, and extensive global network. It supports clients in launching new payment capabilities while operating effectively across multiple currencies, countries, and channels.
The solution ensures compliance with regulatory requirements within a secure, real-time processing environment, offering enhanced security and reliability.
This partnership highlights the shared commitment of RS2 and Visa to simplify and optimize the complexities of payments, ultimately helping businesses thrive in today’s digital economy.
More Updates from RS2
In April 2025, RS2 introduced an AI-powered orchestration layer designed to modernize banks’ legacy systems without disrupting daily operations.
This followed the release of RS2’s latest whitepaper titled “How to Solve Banks’ Legacy System Challenges While Controlling Risk,” which highlighted that up to 70% of banks’ IT budgets were being spent on maintaining outdated infrastructure.
The need for modernization was driven by the increasing pressure financial institutions face from fintech competitors, the rising customer expectations, and the stringent regulatory standards they must adhere to. The upcoming ISO 20022 migration deadline in November 2025 added urgency to the modernization efforts of banks.
