Banco Original chooses FICO to launch 100% digital platform

Banco Original chooses FICO to launch 100% digital platform

Banco Original, the first Brazilian bank to offer a 100% digital checking account, has informed the public that it has chosen FICO as its strategic partner to launch its digital platform.

The financial institution, based in São Paulo, aims to create a safe and simplified origination process to reduce bureaucracy while keeping up safety. To that end, the bank acquired FICO® Origination Manager and FICO® Application Fraud Manager to manage credit operations and reinforce fraud prevention.

Our customer contact is 100% digital,” said Alexandre Pinelli, Banco Original’s IT Superintendent. “We require solutions and technologies that allow us to assess a customer’s profile in our digital process so that we may take the right decisions as fast as possible.

Launched in 2016, Banco Original was formed to meet the needs of digital consumers who are looking for reduced bureaucracy, increased agility and personalized services. In just two years, the bank attracted more than 600,000 customers. It has a net worth of BRL 2.2 billion, with BRL 8.8 billion in assets and a credit portfolio of BRL 5 billion.

We believe that we offer the most comprehensive service portfolio among digital banks,” commented Pinelli. “We offer checking accounts, cards, loans, investments, insurance and pension plans. We have a very clear roadmap of the development of our products and services.

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