Wirecard, one of the leading international providers of electronic payment and risk management solutions, and Experian announced a strategic alliance to create a unique product to provide risk management support to the rapidly growing European Internet payment market.
The new product, hosted by Wirecard, provides clients access to sophisticated analytics, modelling and simulation technology at the point at which they make decisions on their customers. Fully integrated into Wirecard’s payment platform, the new service will help clients to increase the speed and quality of their decision-making during order acceptance and reduce their exposure to Internet fraud. The service leverages the benefits of Experian’s industry-leading Strategy Management tool in an outsourcing operating model – extending the benefits of advanced decision management propositions to thousands of small and medium sized companies, whilst also supporting large enterprises. Source: Company Press Release
BIIA Newsletter July / August 2008 Newsletter