Source: Financial IT

Yapı Kredi: Yap Kredi Cuts Fraud by 98% in Seven Years Using FICO AI Technology

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.

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Annual Revenue
$5.0-10B
Employees
10-50K
Gokhan Erun's photo - Chairman & CEO of Yapı Kredi

Chairman & CEO

Gokhan Erun

CEO Approval Rating

90/100

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