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    WLN   FR0011981968

WORLDLINE

(WLN)
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Worldline : joins forces with French fintech venture A3BC regarding secure and touchless authentication

07/07/2021 | 02:54am EDT

Biometric digital ID and data storage protocol enhance both safety and user experience combined with WL Trusted Authentication

Bezons, 7 July 2021 - Worldline [Euronext: WLN] is partnering up with A3BC (Anything Anywhere Anytime Biometric Connection), a French fintech venture that provides with biometric digital ID and data storage protocol, to combine their patented solution with Worldline Authentication. The combined technologies are protecting mobile phones from intrusion by leveraging two-factor authentication (2FA): possession of the smartphone and inherence (biometric).

Patented protection

With the addition of A3BC technology to Worldline Trusted Authentication, the biometric patterns of every single user are carefully protected. Thanks to this patented technology, all the biometric data are being stored separately from the mobile device. In combination with Worldline Authentication, this technology provides a higher level of security in the form of 2FA. This automatically secures any kind of online payment or transaction from the mobile phone, in compliance with PSD2 and SCA.

Dinesh Ujoodah, CEO & Co-founder of A3BC: 'We first met with Worldline in March 2020, and we were proud to win a special award during the third e-Payments Challenge by Worldline last September. The kindness and the motivation of the team is what really struck us. We are proud to be working with one of the biggest European payment processors to provide even more security when it comes to digital transactions '

Fast and frictionless payments

Designed, built and patented to operate in a Zero Trust framework, the solution by A3BC and Worldline enhances security for the customer while enabling fast and frictionless online payments and transactions. Not even a single touch of a button is necessary, as the technology recognizes fingerprints by simply taking a picture of the hand.

'Fraud is on the rise due to the pandemic, as a recent survey by EY shows. That is why our work with A3BC is so important', says Claire Deprez-Pipon, Global Product Manager Authentication Services at Worldline. 'We are now able to add a new layer of security with no friction into Worldline Trusted Authentication and other solutions of Worldline. In addition, it opens new doors to facilitate an even better customer experience and authentication from any devices .'

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 2020 Worldline generated a proforma revenue of 4.8 billion euros. worldline.com

Press Contact WORLDLINE

Marcel Woutersen
T +31 6 29 05 08 71
E marcel.woutersen@worldline.com

Disclaimer

Worldline SA published this content on 07 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 July 2021 06:53:01 UTC.


ę Publicnow 2021
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Sales 2021 5 069 M 5 954 M 5 954 M
Net income 2021 439 M 516 M 516 M
Net Debt 2021 2 706 M 3 179 M 3 179 M
P/E ratio 2021 43,0x
Yield 2021 0,06%
Capitalization 19 091 M 22 405 M 22 425 M
EV / Sales 2021 4,30x
EV / Sales 2022 3,79x
Nbr of Employees 20 275
Free-Float 86,5%
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Mean consensus BUY
Number of Analysts 22
Last Close Price 68,07 €
Average target price 90,89 €
Spread / Average Target 33,5%
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P. F. D. Gilles Grapinet Chairman & Chief Executive Officer
Eric Heurtaux Chief Financial Officer
Christophe M. W. V. Duquenne Chief Technology & Operations Officer
Susan M. Tolson Independent Director
Aldo Cardoso Independent Director
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