“Worldline and ReD partner to offer enhanced integrated Fraud and payments solution”
London, Paris, 11 December 2013
ReD, a leading global fraud prevention provider and Worldline, Atos subsidiary for e-payment services, have announced a partnership to enrich Worldline's payments and fraud prevention solution with ReD specific and acknowledged fraud expertise. Indeed, Worldline strengthens its current own fraud management and scoring solutions to provide its clients with sector specific business fraud rules.
With the enriched solution Worldline will be able meet the expectation of its most demanding merchants.This new strategic partnership will see ReD's real-time fraud prevention service, ReD Shield®, made available to Worldline's merchant customers throughout the world - France, Benelux, Germany, UK, Spain, India and other Asian countries.
Manish Patel, Regional President EMEA, at ReD, commented: “We are very pleased to formalise our partnership with Worldline as we have been working alongside each other, supporting joint merchant customers in France since our successful entry to the market last year. Worldline is an extremely strong and experienced player across multiple geographies, making them a perfect strategic fit for us as we look to further develop our market position and extend the reach of ReD Shield.”
Xavier Brucker, Head of Multichannel Payment, from Worldline added: “We have a strong commitment to providing the most advanced and innovative solutions to our customers. The integration of ReD Shield solution and expertise will enhance our fraud prevention services for Merchant Services Online Payment globally, so we can offer our clients a personalized protection adapted to specific regulations”.
ReD is a world leader in fraud prevention. Our solutions are present at every stage of the payments value chain, supporting merchants, PSPs, issuers and acquirers, processors and switch networks in the fight against fraud. ReD is different. We are flexible and independent of any card scheme. We protect billions of transactions across multiple channels and payment types. Our proprietary technology is underpinned by world-class fraud and risk analysts and pooled data from more than 190 countries. Each customer receives a tailored, responsive and highly effective solution with day-to-day support from a dedicated, expert analyst. ReD serves customers from multiple sectors and across six continents from offices in Australia, China, Dubai, South Africa, the United Kingdom and the United States, and through partners around the globe.
Worldline, an Atos subsidiary, is the European leader and a global player in the payments and transactional services industry. Worldline delivers new generation services, enabling its customers to offer smooth and innovative solutions to the end consumer. Key actor for B2B2C industries, with 40 years of experience, Worldline is ideally positioned to support and contribute to the success of all businesses and administrative services in a perpetually evolving market. Worldline offers a unique and flexible business model built around a global and growing portfolio, thus enabling end-to-end support. Worldline activities are organized around three axes: Merchant Services & Terminals, Mobility & e-Transactional Services, Financial Processing Services & Software Licensing. In 2012, Worldline's activities within the Atos Group generated (pro forma) revenues of 1.1 billion euros. The company employs more than 7,100 people worldwide. worldline.com
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