Worldline and Microsoft introduce next generation fraud solution for online payments
Paris La Défense — 29 / 03 / 2022
Worldline (Euronext: WLN), a global leader in payments, has today announced the official launch of its partnership with Microsoft Dynamics 365 Fraud Protection. The collaboration will enable Worldline’s enterprise-level customers to deal with increasing challenges caused by online payment fraud.
As the first provider within the payments industry to fully adopt and integrate this Microsoft fraud screening solution, Worldline is now able to offer a next-generation hybrid fraud solution that can help increase accuracy and efficiency far beyond that of traditional rules or advanced machine learning alone. Powered by adaptive AI technology the solution is able to learn and adapt to the ever-changing fraud patterns, enabling global merchants to optimise fraud detection and protect revenue.
The collaboration between Worldline and Microsoft enables enterprise level customers to take advantage of the cutting-edge Dynamics 365 technology solution, from the outset, without wasting time and resource on deployment or onboarding. The result sees a truly seamless integration with no adverse impact on the overall customer experience. Key features for the solution are:
· Hybrid fraud screening – incorporating/combining static rules and advanced machine learning
· Machine learning AI – adapting to fraud patterns and optimising fraud detection
· Device fingerprinting – collection of device telemetry for device identification
· Multi-hierarchy management – enabling fraud management strategy across every level of the business
Additional features include risk appetite assessment, extensive data network functionality, manual reviews, and the ability to accept all card payments and more.
Panteha Pedram, Director of Fraud and Risk Products at Worldline: “We are very excited to be the first payments provider to fully integrate Dynamics 365 Fraud Protection within our online solutions offering. Microsoft is truly an established world leader in fraud prevention and we look forward to harnessing their expertise and market reputation in order to enhance our client service offering.”
Robin Brenner, Sr. Director of Dynamics 365 Fraud Protection at Microsoft: “We are excited about our collaboration with Worldline to bring Microsoft's state-of-the-art fraud detection to their global customer base. Our modern, cloud-native solution will help Worldline and their merchants combat fraud and maximize profits. We look forward to this partnership laying the groundwork for the future of payments and transactional services.”
For more information please visit the dedicated web page.
Ends
Press Contacts WORLDLINE
Susanne Stöger
T +43 1 71701 6524
E susanne.stoeger@worldline.com
Hélène Carlander
T +33 (0)7 72 25 96 04
E helene.carlander@worldline.com
About Worldline
Worldline [Euronext: WLN] is a global leader in the payments industry and the technology partner of choice for merchants, banks and acquirers. Powered by 20,000 employees in more than 50 countries, Worldline provides its clients with sustainable, trusted and innovative solutions fostering their growth. Services offered by Worldline include instore and online commercial acquiring, highly secure payment transaction processing and numerous digital services. In 2021 Worldline generated a proforma revenue close to 4 billion euros. worldline.com
For more information regarding our Omnichannel Payment Solutions for all verticals, please visit the solution web page.
About Microsoft
Microsoft (Nasdaq “MSFT” @microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more.
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