Finextra

Emma Lindley MBE highlighted that 70% of APP fraud originates online, and often starts on social media. She went on to note that fraudsters are adopting advanced technologies like AI and deepfakes, making it crucial for organisations to collaborate across sectors and within their own structures. “They're coming from social media and that's where they're targeting the banks and the money now.

Built on the SBS Data Platform, it draws on data already in SBS systems, governed and secured within each institution’s own environment, and delivers a generative AI layer. The result is a suite of capabilities that enable financial institutions to streamline client onboarding, engagement, operations, and risk management, while freeing up resources to invest in new products and services. Only 34% of banks have scaled AI for a core process, such as regulatory reporting or credit decisioning.

This suite of agentic solutions will help finance teams make faster credit decisions, improve policy performance, and gain better visibility into portfolio risk. In one anonymized portfolio example, these workflows improved bad capture rate from 30% to approximately 38%, translating into more than $6 million in incremental bad debt avoided.

Visa Destinations delivers tastemaker recommendations, city guides, and curated experiences to support Visa’s shift from being the way to pay for travel to becoming a travel companion.

Under the terms of a definitive agreement, Equifax will acquire 100% of Círculo de Crédito equity from its existing shareholders, including several local banks. The US giant will pay $825 million, with an enterprise value of $750 million reflecting purchase price net of estimated $75 million cash at closing with zero debt balance.

Enhanced Payments brings advanced money movement capabilities into the existing digital banking experience, helping businesses save time and reduce costs. Businesses can complete international wires digitally rather than at a branch and move money quickly with convenient options such as same-day ACH and instant payments.

The acquisition marks a strategic expansion of Kikoff's approach to financial inclusion, extending its work beyond helping consumers build credit directly to empowering the lenders, non-profits, and community organizations that serve them, enabling the entire credit ecosystem to work better for underserved consumers. Following the acquisition, TSB's employees will be joining Kikoff.

The bank has selected FIS Treasury & Risk Manager - Quantum Cloud Edition, which will deliver fully integrated front-to-back treasury coverage from day one, enabling the bank to build on modern infrastructure from inception, without inheriting or modernizing aging on-premise systems.

Every payment tells a story. On the surface, a successful transaction simply means money has moved from one account to another. But beneath that single confirmation lies a chain of economic outcomes that influence revenue, customer trust, operational efficiency, and long-term business growth. For many organizations, payment success rates are still viewed as a technical performance metric owned by engineering teams.

Prediction markets have quietly become one of the most interesting corners of the tech world. From forecasting elections to predicting sports outcomes and even guessing the next big product launch, these platforms let people put real value behind their opinions. But building one isn't as simple as spinning up a betting app. Let's break down what prediction market software development actually involves. What Is a Prediction Market?