FICO^® Platform has received the Banking Innovation of the Year Platinum Award in the Future Digital Awards for Fintech & Payments 2023. Presented by Juniper Research, the awards recognize tech companies that deliver imaginative, innovative products or services that have the potential to disrupt their ecosystems and provide significant benefits to their target audience.

“This award recognizes the innovations that FICO has poured into FICO Platform,” said Stephanie Covert, executive vice president for software at FICO. “We saw the need for the financial services industry to break away from siloed applications and embrace a modern, services-oriented, composable architecture that can truly deliver applied intelligence throughout the enterprise. FICO Platform is built on our tremendous wealth of IP in analytics and decision management, and our customers are seeing transformative results.”

FICO Platform enables firms to ingest data, develop deep new insights with AI and ML, make hyper-personalized decisions at scale, and achieve world-class business outcomes. It is uniquely suited to maximize customer satisfaction, loyalty, and long-term retention, while improving profitability across the entire customer lifecycle.

In May, FICO unveiled 19 major enhancements to FICO^® Platform. FICO Platform received placement as a leader among top providers in “The Forrester Wave™: AI Decisioning Platforms, Q2 2023” report.