Turkiye’s Yapı Kredi (YKB) has harnessed the power of FICO’s advanced fraud detection technologies including FICO® Falcon® Fraud Manager to achieve a remarkable 98.7% reduction in fraud losses over seven years. Despite doubling its banking transaction volumes, YKB has maintained one of Turkiye’s lowest fraud ratios among top banks. This success stems from integrating custom data and scores alongside the machine learning models within FICO Falcon Fraud Manager.

LGT, the international Private Banking and Asset Management group owned by the Princely Family of Liechtenstein, has partnered with the UK-based NatureAlpha platform to further advance the sustainability of its investment decisions using robust scientific data.

Checkout.com, a leading global digital payments company, today announces its partnership with GetYourGuide, the online travel experience platform. This partnership underscores Checkout.com’s commitment to helping digital-first businesses to thrive.

6.5 million people in the UK planned to take out a credit card this January to help them afford everyday essentials such as bills and food, reveals research from responsible lender, Creditspring.

UK headquartered payments firm Sokin has secured $15m debt funding from funds and accounts managed by BlackRock, enabling the business to continue its rapid growth trajectory. The funding comes just months after Morgan Stanley Expansion Capital acquired a stake in the business with a strategic investment worth $31m.

European neobanks have long been drawn to the US market, seeing it as a lucrative expansion opportunity, and the inverse is also true. Yet few have made the leap to become fully established overseas.  

Finout, the leading FinOps-for-enterprise platform, today announced a $40 million Series C funding round led by global software investor Insight Partners, with participation from Pitango, Team8, Red Dot Capital, and Maor Investments. This investment brings Finout's total funding to $85 million. The company's platform, which powers cloud-agnostic cost allocation and governance for industry leaders, including SiriusXM, Lyft, The New York Times, Choice Hotels, Wiz, Tenable, and Alchemy, reflects the rapid mainstreaming of FinOps.

Texture Capital Holdings and its subsidiaries, a prominent player in the tokenization and trading of real-world assets, announces that it has integrated with the Canton Network, a privacy-enabled, public blockchain network designed specifically for institutional assets.    

Surging consumer demand for real-time, seamless, and cost-effective transactions has catapulted Pix, other account-based transfers, and debit cards to record adoption rates, establishing them as the fastest-growing payment methods for online purchases in emerging markets. Pix, Brazil's instant payment system, leads with projected growth of 35% per year by 2027, followed by other account-to-account transactions, expected to accelerate by 28% annually.

Today, Sumsub announces its membership into the Payments Association EU, an industry group of stakeholders in the payments sector that fosters commercial connection