Worldline - 2020 Universal Registration Document

DESCRIPTION OF THE GROUP’S BUSINESS Description of the Group’s four Business Lines services

Open Banking The Group supports financial institutions and fintech companies to capture the open banking disruption and turn it to their advantage. The Group’s API-based services cover all aspects of open banking such as access to information systems, security, Open Innovation, Open Data and Banking-as-a-Service. Access to Account Bank Services. The Group supports ● Account Servicing Payment Service Providers (ASPSPs, typically banks) to open up their infrastructure to authorized Third-Party Service Providers (TPPs), so that these TPPs can initiate payments and access account information. Besides managing the Payment Service User (PSU) consent and ensuring the access to the desired service, the ASPSP is also expected, in particular but not only, to manage the TPP community and follow up updates on regulatory requirements and API standards. To address the regulatory challenges and exploit the associated opportunities, the Group’s Digital Bankin g Platform integrates a PSD2/Open Banking compliance module, namely Access to Account Bank Services, enabling financial institutions to effortlessly meet the regulatory requirements and develop their Open Banking strategy while managing the risks and mitigating uncertainty. Access to Account TPP Services. Next to the Group’s ● offer for ASPSPs, the Group supports third party providers with Access to Account TPP Services. The Group provides via a single API an infrastructure that gives third-party providers the possibility to initiate a payment or retrieve account information on a pan-European scale. In addition, the Group has created several use cases that allow TPPs to quickly and effectively create a value proposition to offer to their customers ( e.g. green banking, request-to-pay, immediate accounting). Mobile Wallets The Group offers digital wallet platform services. A digital wallet is an application that simplifies the payment process, particularly on mobile devices, by storing payment instrument credentials like debit card, bank account and other data (loyalty, coupons, etc.) and by removing the need to insert a payment card at a merchant location or enter card information on the internet or mobile. This also makes the payment process more secure for consumers and merchants.

using their online banking systems. The Group supports financial institutions in operationalizing digital transactions through cost-effective and reliable routing services, in a way that is convenient and fully compliant. The Group’s service portfolio consists of four main areas: e-Identity, e-Mandate, e-Payment solutions and Alias Services. The different services are delivered using a multi-purpose, state-of-the-art platform. Trading System & Financial Information The success of online financial services is closely linked to the quality of market data and the associated processing tools. The Group’s online trading platform allows brokers, banks, and other financial institutions to manage multi-asset orders from collection of the order to delivery to market for execution. The Trading System Solution offers a global, open and highly scalable brokerage platform for all types of orders: equities, derivatives, OTC products, and investment funds. The Group offers its customers a state-of-the-art solution with the capability to cope with huge transaction peaks in a highly volatile environment. In addition, the Group offers financial information that aggregates market data from all major global sources, including stock exchanges and news providers. Deployment Models C.1.3.5 Financial institutions can choose a flexible deployment model fitting their strategy as the Group offers models based on: Business process outsourcing; ● Payment Software Licensing; ● Hosting services; and ● Application management. ● Clients can choose hybrid models ranging from full deployment at client site (client operates and hosts the Group’s solutions), to partial deployment, through to full deployment in the Group’s data centers (the Group operates and hosts a tailor-made application environment for the client). Business Process Outsourcing Financial institutions can choose to outsource their payment business processes. From payment processing and booking information to investigation and risk management services, the Group is highly experienced in every step of the transaction process and can fully take over these activities. By outsourcing these payment business processes, financial institutions can leverage the platforms, scale and expertise of Worldline resulting in a lower total cost of ownership based on economies of scale and scope.

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Trusted Transactions

Businesses and public service providers are looking for efficient solutions in the digital world for identity, electronic payments and e-Mandates. They need solutions that can be easily integrated into their own business processes. Financial institutions are trusted partners that can offer these services

Universal Registration Document 2020

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