GFT and FICO Unite to Enhance Global Banking with AI

GFT Technologies and FICO have announced a global partnership focused on smart finance, leveraging AI for improved risk management and decision-making for banks. Amid rising digital fraud, with the U.S. alone reporting $12.5 billion in losses in 2024, this alliance aims to help banks act in real-time, combat fraud earlier, and streamline risk decisions.

Early projects in Asia and Latin America highlight the alliance's impact. A digital bank in Asia used FICO’s analytics for rapid decision-making, while a major Latin American insurer benefited from GFT's implementation of FICO's decision engine for project optimization.

This collaboration combines GFT’s expertise in cloud and digital banking with FICO's solutions for global fraud detection, enhancing security and customer experiences worldwide.