Worldline launches Data as a Service platform for online payments
The new service enables users to do more with their data and is paving the way for a more insightful future in the payments industry
Amsterdam — 12 / 01 / 2021
Worldline [Euronext: WLN], the European leader in the payments and transactional services industry, today announced the launch of its first ever Data as a Service (DaaS) platform for payments, Ingenico Insight. The state-of-the-art solution features the latest in machine learning (ML) and data science capabilities for payments combined with an intuitive and tailored user experience. Ingenico is part of Worldline since October of 2020 and offers merchants smart, trusted and secure solutions to empower commerce.
Ingenico Insight is a new evolution in reporting, business intelligence (BI) and transaction management for payments. It transforms the traditional dashboard, used to see aggregated data, into a platform with deep-dive and payment optimization features. The platform will include capabilities to extrapolate data and make predictions and provide prescriptive measures and will offer a benchmarking ability to compare against industry averages. These features built with ML and artificial intelligence (AI) use past data to know how to influence the future.
Worldline customers can act intuitively and in real-time, investigate datapoints individually (such as separate transactions or disputes), take control of data and identify and resolve conversion, chargeback or fraud related issues much faster. By enabling this deep-dive capability into separate datapoints, Worldline is making reporting and problem-solving easier and more precise.
To allow businesses to manage data across the entirety of the payments funnel, the solution can also be tailored to the employee using it. For instance, a fraud manager will be most interested in payment disputes and fraud issues, while payment managers will want to know more about authorization and conversion rates. The solution ensures they see the data they need and recognizes multiple stakeholders such as fraud, finance, operations, developers, and payment managers.
“I’m very excited about this product because it is a big change for payment management. Ingenico Insight goes a step further than traditional dashboards, providing tailored advice on top of in-depth insight in payments. Moreover, we built it with a UX centric approach, incorporating feedback from customers along the way. This makes it intuitive and user friendly. You can play around with data while making smarter decisions effortlessly.”
Anne-Claude Tichauer, Global Head of Portals, Digital Commerce, Merchant Services at Worldline
Going forward, Worldline has confirmed that it will continuously evolve the platform, to enhance its capabilities, features and functionality. The roadmap includes the addition of autonomous analytics, ML powered chargeback advice and easier refunds and chargebacks.
Ingenico Insight has launched in beta version and is available now. To learn more about the solution, visit: ingenico.com/insight
About Worldline
Worldline [Euronext: WLN] is the European leader in the payments and transactional services industry and #4 player worldwide. With its global reach and its commitment to innovation, Worldline is the technology partner of choice for merchants, banks and third-party acquirers as well as public transport operators, government agencies and industrial companies in all sectors. Powered by over 20,000 employees in more than 50 countries, Worldline provides its clients with sustainable, trusted and secure solutions across the payment value chain, fostering their business growth wherever they are. Services offered by Worldline in the areas of Merchant Services; Terminals, Solutions & Services; Financial Services and Mobility & e-Transactional Services include domestic and cross-border commercial acquiring, both in-store and online, highly-secure payment transaction processing, a broad portfolio of payment terminals as well as e-ticketing and digital services in the industrial environment. In 2019 Worldline generated a proforma revenue of 5.3 billion euros. worldline.com
Media Contact
Dylan Prins
Communication manager / Ingenico, a Worldline brand
(T): +31 (0)6 12 15 80 03
Email: dylan.prins@ingenico.com
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