Worldpay out with DataEdge – a data insights and analytics tool for financial institutions

Worldpay, that provides secure payment services for small and large businesses, including payments online, card machines and telephone payments announced the release of DataEdge – a data insights and analytics tool powered by Worldpay’s Vivid Data Engine for financial institutions (FIs).

DataEdge for FIs is a sophisticated reporting solution that simplifies the task by delivering banking professionals convenient and prompt access to credit and debit card portfolios through a single dashboard.

Through this offering, Worldpay’s FI clients have access to a total picture of their credit and debit card issuing portfolio providing meaningful and actionable intelligence in a convenient web-based tool.

DataEdge is a secure, single sign-on web-based solution accessible through Worldpay’s iQ portal.

Within DataEdge for FIs, Worldpay’s clients have access to two years of portfolio performance trends, accompanied by intelligent benchmarking that helps FIs understand how their performance compares to other issuers.

For deeper analysis, DataEdge provides access to underlying details about key performance indicators enabling extended research and customised reporting.

By integrating Worldpay’s unique market position, ecosystem connections, and business intelligence, the Vivid Data Engine has become the foundation for the company’s line of data products.

Nicole Jass, the Vice President of data and fraud products at Worldpay said: “Vivid will continue to deliver innovative solutions that enable partners and clients to use data as a strategic advantage to act on trends as they emerge.”

Joe Pappano, the SVP of gaming at Worldpay On Wednesday will be presenting information on what DataEdge and the Vivid Data Engine provides to the gaming sector specific to better understanding players at 16:00 GMT.