Bradesco Enhances Fraud Detection with FICO AI Platform

Bradesco Enhances Fraud Detection with FICO AI Platform

Bradesco has modernized its fraud detection systems using the FICO Platform, processing nearly 1 billion transactions monthly and reducing fraud-related disruptions by 89%.

Bradesco has overhauled its fraud prevention and digital banking systems using the FICO Platform, processing nearly 1 billion transactions monthly and reducing fraud-related disruptions by 89%, announced in a press release. The Brazilian banking giant has integrated AI-powered decisioning and digital onboarding to enhance security and efficiency.

The implementation of the FICO Platform has allowed Bradesco to process up to 25 million PIX payments daily, enabling real-time transfers and fraud detection. This has resulted in a 25% reduction in transaction rejections and an 11% increase in real-time account openings. The bank's transformation has also led to a 50% reduction in transactions held for further review, significantly improving operational efficiency.

Bradesco's efforts in modernizing its systems have been recognized with a 2025 FICO Decision Industry Vanguard Award. The bank continues to evolve as a technology-driven financial institution, focusing on enhancing customer experience and financial security through advanced analytics and AI-driven solutions.

We hope you enjoyed this article.

Consider subscribing to one of several newsletters we publish. For example, in the Daily AI Brief you can read the most up to date AI news round-up 6 days per week.

Also, consider following us on social media:

AI Brief
AI Brief (X)

More from: Finance

AI Token Webinar Leaderboard

Subscribe to Daily AI Brief

Daily report covering major AI developments and industry news, with both top stories and complete market updates

Sponsored

AI Token Webinar

Industry analysis

2025 Global Business Services Agenda: Gen AI Takes Center Stage

The Hackett Group

This industry analysis by The Hackett Group explores the transformative impact of generative artificial intelligence (Gen AI) on global business services (GBS) in 2025. The study highlights the shift from exploration to acceleration of Gen AI initiatives, with 89% of executives advancing these projects to improve customer satisfaction, innovate products, and reduce costs. The report also discusses the challenges and strategies for successful Gen AI adoption, emphasizing the need for a technology-enabled operating model and the importance of reskilling the workforce.

Read more

You May Also Like