Case Study: BCP boosts revenue with FICO pricing optimization

BCP boosts revenue 22% with FICO

Banco de Crédito del Perú (BCP) faced the challenge of maintaining its leadership in the fiercely competitive personal loans market. The bank needed to optimize its digital pricing strategies to increase bookings and acceptance rates without sacrificing profitability. To address this, BCP partnered with vendor FICO to adopt the FICO® Platform.

By implementing pricing optimization on the FICO® Platform, BCP achieved significant results in 2022. The solution led to a 22% increase in revenue, a 25% lift in bookings, and a 16% lift in acceptance rates. Furthermore, FICO enabled the bank to utilize a singular decision engine across multiple portfolios, strengthening its customer-centric approach.

BCP