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23-Nov2017

RS Software advances on entering into partnership with ThreatMetrix

RS Software (India) is currently trading at Rs. 74.95, up by 0.70 points or 0.94% from its previous closing of Rs. 74.25 on the BSE.

The scrip opened at Rs. 75.80 and has touched a high and low of Rs. 76.30 and Rs. 74.50 respectively. So far 25,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 127.50 on 12-Dec-2016 and a 52 week low of Rs. 59.10 on 22-Aug-2017.

Last one week high and low of the scrip stood at Rs. 78.00 and Rs. 69.65 respectively. The current market cap of the company is Rs. 192.68 crore.

The promoters holding in the company stood at 40.46%, while Institutions and Non-Institutions held 0.84% and 58.69% respectively.

RS Software (India) and ThreatMetrix have entered into a new partnership to accelerate the adoption of secure digital payments in India.

The two organizations offer a powerhouse of solutions that span online payments and digital identity. Working together, they will provide a frictionless and secure customer experience, while accelerating revenue for merchants. This partnership will focus on the India market, along with select global opportunities, to deliver holistic risk and fraud management with persona identification and advanced device fingerprinting.

The joint solution provides a scalable, adaptive and cost-effective solution, with insights built from the Unified Payments Interface (UPI) and the Bharat Bill Payment System (BBPS), as well as from the ThreatMetrix Digital Identity Network, which analyzes transactions from 1.4 billion anonymized users worldwide.

RS Software (India) is a leading software company providing quality software services and consulting. The company is having ability to scale up and manage large applications like development, maintenance, testing, 24/7 support for payment industry companies.



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