Leading Chinese AI Company Weihu Technology partners with Worldline

Beijing — 17 / 07 / 2019

Worldline announces the signing of a strategic agreement with Weihu Technology (“Weihu”) to act as their chosen AI solution provider. The agreement will see Worldline form part of the AI framework ecosystem solution offered by Weihu.

La Défense, Paris, France

Together, Worldline, a leading e-commerce services provider, and Weihu will offer an AI-financial solution on an open platform coupled with an innovative call centre solution for the automated handling of outgoing calls and incoming enquires. The agreement will form a strong partnership between Weihu and Worldline; both proven leading solution providers with a strong presence within the industry.

The agreement was reached on 30th May 2019 and as a result confirms the position and recognition of Worldline as a leading financial solution provider on open platform and will enable Worldline to reach a larger group of customers in the banking and financial sectors in China.

Weihu, a dominant leading Chinese AI company is an innovative technology-driven organisation with an open ecosystem able to support the future AI needs of the financial industry.  The partnership and alliance of Worldline and Weihu will mean that they are able to offer a full range of collaborative services which support innovative AI initiatives.

JIN Xiaopeng, CEO of Weihu Technology: “Worldline is an established world leading B2B2C finance solution & service provider, and Weihu is China’s leading domestic AI-Finance solution provider. Our collaboration is a perfect match for both companies who share a culture of visionary innovation and our product suite fit each other's solution gap perfectly. Jointly Worldline and Weihu will be able to provide our clients with improved levels of service.”

LIN Qi, Senior Executive Vice President of Weihu: “Our combined skills and continuous drive for  evolution and innovation is at the heart of our initiatives and as a result we are able to provide the best in-house solutions to our clients. AI together with BI enable our clients to re-organise their business to ensure better performance and results. The shared mission of both Weihu and Worldline is to fulfil our client's needs and empower them with a 360° smart service/solution to create on-going and long lasting added value.”

LV Zhisong, Acting Country Head of Worldline China, said: “Worldline has been focusing on product development and implementation of the payment system; with the development of AI technology and the increasingly mature application in some business scenarios, we see the prospect and possibility of close integration and real-time interaction between financial back-office system and customer front-end channels through AI technology. It can help financial institutions to establish and expand a richer customer experience, convenient with a lower cost payment services and consumer related business scenarios. In addition, consumers can also benefit from a faster and friendly service, which in turn leads to a better customer experience. Through the partnership with Weihu in AI, we believe together, we will usher in a new era of digital credit card systems.”

Tee Kee Ming, CEO of Worldline APAC: “Congratulations to both Weihu and Worldline China team for this strategic cooperation that will enable both companies to showcase their expertise both individually and collectively. Worldline is excited to be part of this very important innovation in merging AI technology and the payment solution which will take the customer experience within financial industry to a new and exciting level. Worldline looks forward to working closely with Weihu on this important partnership.”

About Worldline

Worldline [Euronext: WLN] is the European leader in the payment and transactional services industry. With innovation at the core of its DNA, Worldline’s core offerings include pan-European and domestic Commercial Acquiring for physical or online businesses, secured payment transaction processing for banks and financial institutions, as well as transactional services in e-Ticketing and for local and central public agencies. Thanks to a presence in 30+ countries, Worldline is the payment partner of choice for merchants, banks, public transport operators, government agencies and industrial companies, delivering cutting-edge digital services. Worldline’s activities are organized around three axes: Merchant Services, Financial Services including equensWorldline and Mobility & e-Transactional Services. Worldline employs circa 11,000 people worldwide, with 2018 pro forma revenue of 2.2 billion euros. worldline.com

As a European leader in means of payment and transactional services, Worldline has a strong track record of knowledge and insight.  In order to share its understanding of the payments sector, Worldline regularly produces dedicated publications which provide in-depth understanding into what is a fast moving and rapidly evolving market. Below are the links to the latest versions of Futuring Payments and The Worldline White Paper:

About Weihu

Beijing Weihu Technology Co., Ltd., referred to as "Weihu" is founded in 2014, is China's leading provider of intelligent application solutions. With the industry's leading intelligent platform and complete intelligent application solutions, Weihu focuses on the toB and toG fields and provides services to customers through various flexible methods such as local deployment, private cloud, and public cloud. With innovative artificial intelligence and knowledge mapping technology, the industry's unique omnidirectional communication capability, help Weihu to provide advanced intelligent solutions for industries of finance, logistics, automotive, e-commerce, public institutions, etc. www.95114.cn

Worldline Press Contact

Susanne Stöger
+43 (0)1 71701 6524