GFT and FICO have formed a new global partnership aimed at modernising fraud prevention and risk management for financial institutions.
The two companies have joined forces to address rising digital fraud, with the partnership designed to help banks make real-time decisions, detect crime earlier, and reduce operational complexity by leveraging advanced AI. Their joint effort responds to escalating threats, with losses in the U.S. reaching $12.5bn in 2024 and online criminal activity there climbing to $16.6bn. In Europe, payment fraud exceeded €2bn in the first six months of 2023 alone.
GFT Technologies focuses on cloud engineering, data modernisation, and digital banking transformation, supporting financial institutions as they redesign services and accelerate innovation. FICO specialises in risk analytics, real-time decisioning, fraud detection, and credit risk scoring, serving global banks, insurers, and FinTechs.
The partnership combines GFT’s implementation and digital transformation capability with FICO’s analytics and decisioning platforms. Together, the companies aim to provide banks and FinTechs with an integrated approach to fraud detection, credit-risk assessment, and compliance automation, supporting a more secure customer journey end-to-end. Early projects already delivered in Asia and Latin America highlight the potential impact of the alliance.
Other details from the announcement include examples of early successes, such as work with a digital bank in Asia where FICO’s analytics supported real-time onboarding, identity checks, and continuous lifecycle monitoring. In Latin America, GFT applied FICO Platform decisioning to optimise demand management for one of the region’s largest insurers, enabling clear project prioritisation based on data-driven rules.
Additional information outlines that GFT will integrate its generative AI solution, Wynxx, into future delivery. Wynxx is intended to enhance key phases of software development and support deeper analysis for FICO implementations by uncovering patterns before data is fed into the FICO ecosystem. The partnership will also span decision orchestration, fraud detection, credit risk, and customer communication.
The announcement also confirms that GFT has set up a global Center of Excellence for FICO technologies, intended to scale delivery, grow specialist skills, and support banks and insurers facing increasingly complex fraud risks.
GFT Global CEO Marco Santos said, “This partnership reflects what the market needs most: speed, trust, and intelligence at scale. Together with FICO, we are helping institutions around the world rethink how they respond to risk and deliver better, safer experiences for their customers.”
GFT CEO USA Rishi Chohan said, “In the U.S., banks operate in one of the most highly regulated environments in the world, making effective risk management not just a balance-sheet discipline but an imperative for compliance. For too long, financial institutions have managed risk through fragmented systems that increase complexity and cost. Through our partnership with FICO, we’re delivering a unified platform that consolidates essential risk-management tools into a single solution, helping banks improve efficiency, reduce costs, and strengthen compliance.”
FICO vice president for Global Partners & Alliances Alexandre Graff said, “FICO’s solutions include a category leader in fraud prevention, protecting more than 4 billion payment accounts worldwide. Our innovations combine machine learning, 360 degree views of customer behavior, and decision optimization to power smarter decisions that detect fraud earlier and build customer trust. Our partnership with GFT will bring this power to more businesses worldwide, helping them protect their customers in an increasingly dangerous online world.”
Find more on RegTech Analyst
Keep up with all the latest FinTech news here
Copyright © 2025 FinTech Global
