Wirecard AG / Miscellaneous
25.06.2008
Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Munich/ Grasbrunn, June 26, 2008; Wirecard, one of the leading
international providers of electronic payment and risk management
solutions, and Experian, the global information services company, today
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, gives clients access to sophisticated
analytics, modelling and simulation technology at the point at which they
make decisions on their customers. Fully integrated into Wirecards 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.
Backed by Experians industry leading consulting and analytics expertise
and Wirecards leading position in the European Internet payment market,
the alliance will introduce a series of jointly developed industry-specific
scoring models to improve the performance of risk management and fraud
protection for Internet businesses.
'Our strategic alliance combines the unique expertise of both companies and
allows us to bring our flexible and modular solutions as outsourced risk
management services to new customer segments,' said Elio Vitucci , MD,
Experians Decision Analytics division. 'Our decision to partner with
Wirecard was driven by their leading position in the European Internet
payment market as well as their extensive experience in outsourcing
operating models.'
Rüdiger Trautmann, COO, Wirecard AG, said: 'With Experians 25 years
experience in providing analytics and risk decisioning solutions to the
global market place, our strategic alliance allows us to add a whole range
of new capabilities to our current product offering and to offer
enterprises jointly-developed industry-specific scoring models.'
Wirecard AG
Iris Stöckl
Bretonischer Ring 4
D-85630 Grasbrunn, Germany
Tel.: +49 (0) 89 4424 0424
Fax: +49 (0) 89 4424 0524
E-mail: iris.stoeckl@wirecard.com
Internet: www.wirecard.com
About Experian
Experian® is a global leader in providing information, analytical and
marketing services to organisations and consumers to help manage the risk
and reward of commercial and financial decisions.
Combining its unique information tools and deep understanding of
individuals, markets and economies, Experian partners with organisations
around the world to establish and strengthen customer relationships and
provide their businesses with competitive advantage.
Experian Group Limited is listed on the London Stock Exchange (EXPN) and is
a constituent of the FTSE 100 index. It has corporate headquarters in
Dublin, Ireland, and operational headquarters in Costa Mesa, California and
Nottingham, UK. Experian employs approximately 15,500 people in 38
countries worldwide, supporting clients in over 65 countries around the
world. Continuing sales for the year ended 31 March 2008 were $4,059m
(£2,020m / 2,858m)
For more information, visit the Groups website on www.experiangroup.com.
The word Experian is a registered trademark in the EU and other countries
and is owned by Experian Ltd. and/or its associated companies.
About Experian Decision Analytics
Decision Analytics is the international division of Experian specialized in
providing credit risk and fraud management consulting services and
products. Over more than 30 years, it has developed its best practice
analytical, consulting and product capabilities to support organisations to
manage and optimise risk; prevent, detect and reduce fraud; meet regulatory
obligations; and gain operational efficiencies throughout the customer
relationship. With clients in more than 60 countries and offices in more
than 30, the decision Analytics Division of Experian delivers experience
and expertise developed from working with national and international
organisations around the world across a wide range of industries and
business size.
For more information, visit the companys website on www.experian-da.com.
About Wirecard
Wirecard AG is one of the leading international providers of electronic
payment and risk management solutions. Worldwide, Wirecard supports over
9,000 companies from many and various industry segments in automating their
payment processes and minimizing cases of default. Wirecard Bank AG
provides account and credit card services both for business and private
customers and is a Principal Member of VISA, MasterCard and JCB. The
Internet payment service Wirecard enables consumers to make secure payments
at millions of MasterCard acceptance outlets worldwide. In addition,
registered users can send or receive money orders to each other on a
real-time basis. Wirecard AG is listed on the Frankfurt Securities Exchange
(TecDAX, ISIN DE0007472060, WDI).
DGAP 25.06.2008
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Language: English
Issuer: Wirecard AG
Bretonischer Ring 4
85630 Grasbrunn b. München
Deutschland
Phone: +49 (0)89-4424 0400
Fax: +49 (0)89-4424 0500
E-mail: ir@wirecard.com
Internet: www.wirecard.com
ISIN: DE0007472060
WKN: 747206
Indices: TecDAX, Prime All Share, Technology All Share
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München
End of News DGAP News-Service
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DGAP-News: Wirecard and Experian to offer joint risk management services in Europe
| Source: EQS Group AG