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Bradesco Uses FICO Platform to Deliver Real-Time Credit Solutions and Increase Digital Transactions More Than 60%

One of Brazil’s largest private banks wins FICO® Decisions Award for customer onboarding & management



  • Bradesco has increased digital transactions more than 60% using real-time credit solutions
  • Bradesco has increased credit line revenue and number of users by around 15 percent
  • Bradesco won a 2022 FICO® Decisions Award for customer onboarding & management

Bradesco, one of the largest private banks in Brazil, has used FICO® Platform to create a digital, real-time, and complete credit solution that has revolutionized the customer journey with instant decisions and optimized pricing. Known internally as “Brain” (Bradesco Inteligência de Negócios / Bradesco Intelligence in Business), the decision management project has reduced the time taken to put projects into production and introduced more consumers into digital solutions, increasing digital transactions by more than 60 percent during the COVID19 lockdowns.

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“Bradesco has a vision to deliver credit-as-a-service,” said Janaina Souza, head of consumer credit solutions at Bradesco. “We knew we could disrupt the Brazilian credit landscape if we could apply cutting-edge technologies to manage product, price and limit seamlessly and in real-time. By using FICO technology to automate the credit cycle, we have created a new and exciting experience for our customers and as a result have seen significant growth across our business.”

Prior to the implementation, it could take up to six months to assign a consumer or SME customer a line of credit due to the high latency of Bradesco’s previous decision engine. Now customers can apply and receive access to a line of credit in just two days, which has increased both revenue and the number of credit users by around 15 percent.

“We knew that by harnessing the latest AI and advanced decision analytics we could create an experience that would beat customers’ expectations and ensure they were treated as an individual,” said Souza. “The primary challenge was to define the architectural approach that would meet the business goals and drivers and then bring together 16 different departments to collaborate on its delivery.”

Bradesco built “Brain” in Q3 2019 to connect all members of this multidisciplinary structure formed by 800 employees and contractors from about 28 vendors and consultancy firms to disrupt the status quo and foster the digital transformation the bank is pursuing.

At the centre of Bradesco’s “Brain” is the FICO® Platform - Decision Execution Capability and FICO Platform’s ability handle the required data for both batch and streaming.

The team’s aim to provide the best digital experience saw them focus on five distinct pillars that defined the development of each new offering.

  1. Customer journey: Unify and improve the customer experience across all channels.
  2. Integrated products: Integrate products guaranteeing customers the best credit offers according to their needs.
  3. Real-time: Maintain a real-time information base to improve decision-making.
  4. Operational efficiency: Make changes without impacting the stability of the bank's critical environments and operations; simplify change processes.
  5. Optimization of prices and conditions: Maximize product profitability, improve credit offers, cost and benefits.

In 2021, new features were incorporated into Brain. For example, when a customer makes an instant payment and doesn’t have all the necessary funds available in their account, the Brain solution checks their credit limit and ensures the additional credit is provided to complete the transaction.

Bradesco has also made significant changes to the way that customers can restructure or reorganize existing loans and renegotiate new terms for loans.

The results of the Brain project have been significant. Bradesco has increased credit delivered by 55 percent, the renegotiation rate has grown by 22 percent and bad debt has fallen by 41 percent.

“Bradesco have integrated customer journeys, processes, pricing and credit using analytically driven real-time FICO technology,” said Nikhil Behl chief marketing officer at FICO. “The drive to look at every interaction from the point-of-view of the customer is clearly a winning approach.”

For its achievements, Bradesco won a 2022 FICO® Decisions Award for customer onboarding & management.

“I was really impressed with the use of high-end analytics at the back-end to provide this service at Bradesco and the organisational structure with which they executed this,” said Sidhartha Dash, research director at Chartis and one of the FICO Decisions Awards judges. “The scale of the undertaking was not to be underestimated, especially during the conditions of the pandemic.”

About Bradesco

Banco Bradesco, founded in 1943, is the second largest private sector bank in Brazil by total assets, with 74.1 million customers, 36.3 million account holders and 81.9 thousand Service Points.

About the FICO® Decisions Awards

The FICO Decisions Awards recognize organizations that are achieving remarkable success using FICO solutions. A panel of independent judges with deep industry expertise evaluates nominations based upon measurable improvement in key metrics; demonstrated use of best practices; project scale, depth and breadth; and innovative uses of technology. The 2022 judges are:

  • Sidhartha Dash, research director at Chartis
  • Paul Deall, head of risk, mortgages at Westpac (previous winner)
  • Senthil Erulappan, director, product engineering for merchant, risk and collections at FIS
  • Armando Junior, general manager, risk and compliance at Dock (previous winner)
  • Sheila Leverone, chief marketing officer at eDriving (previous winner)
  • SibulBradesco Ncamani, head of operational risk and governance at Absa Bank (previous winner)
  • Graham Rand, operational researcher and editor of Impact
  • Dinesh Suresh, head, digital builds for consumer secured lending at OCBC Bank (previous winner)

The winners of the FICO Decisions Awards will be spotlighted at and win tickets to FICO® World 2022, the Decisions Conference, May 2022 in Orlando, Florida.

About FICO

FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 200 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, manufacturing, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 120 countries do everything from protecting 2.6 billion payment cards from fraud, to helping people get credit, to ensuring that millions of airplanes and rental cars are in the right place at the right time.

Learn more at

FICO is a registered trademark of Fair Isaac Corporation in the US and other countries.


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