PARIS (Reuters) – The French Payments Group Worldline has mandated the financial consulting firm Accuracy to audit its portfolio of high -risk customers, the group announced on Wednesday, a week after the publication in the press of items pointing its activities with some of these customers.
“In a transparency process and in order to lift any remaining doubt, the group entrusted to the Cabinet Accuracy an audit of its residual portfolio of ‘High Brand Risk’ (HBR),” said Worldline in a statement published on Wednesday.
“The aim of this study is to confirm internal standards in terms of compliance and risk management, as well as the effectiveness of remediation measures implemented,” continues the group.
Worldline announces that it has also mandated the consulting firm Oliver Wyman to examine its “compliance and risk management framework” as well as “its operational deployment methods”.
The company will communicate its first conclusions when it was published on July 30, while the final conclusions will be shared when the third quarter results are published in October, it is specified in the press release.
On Tuesday, the newspaper Les Echos had published an article announcing that Accuracy and Oliver Wyman had been mandated for this purpose by Worldline.
The journalistic survey “Dirty Payments”, coordinated by the European Network Investigative Collaborations (EIC) and published last week by several newspapers including Mediapart in France and in the evening in Belgium, points to the French group for transactions of a value of several billion euros deemed questionable on behalf of risky customers linked to pornography or gaming.
Worldline’s market capitalization had dropped to nearly 500 million euros after these publications.
The Worldline action has partially recovered from this fall since then, exchanging at 3.91 euros Wednesday at 2:25 pm GMT, against 2.69 euros at its lowest on June 25.
A few days after publications in the press, Belgian justice had also announced the opening of an investigation into the local subsidiary of the payment group, of the money laundering chief.
(Written by Florence Lève, edited by Blandine Hénault)
Copyright © 2025 Thomson Reuters
I have over 8 years of experience working in the news industry. I have worked as a reporter, editor, and now managing editor at 247 News Agency. I am responsible for the day-to-day operations of the news website and overseeing all of the content that is published. I also write a column for the website, covering mostly market news.
