# Which large banks use FICO?

Source: https://www.bankingnewsai.com/banks/leaders/use-fico
Last updated: Oct 30, 2026


Checked 2026-10-28 · bank profiles and the FICO vendor page. Nothing on this page is written by a model: every row is computed from that dataset.

On the public record as of Oct 28, 2026, 4 of the 141 large banks profiled have a dated, sourced profile entry naming FICO (a use case, a timeline move, a platform note or a vendor-page customer record). Ranked by entries naming FICO, the top 4 are Santander US (3 entries), BMO (2 entries), TD (1 entry) and BMO Financial Group (1 entry). Santander US's strongest evidence: Machine-learning auto credit risk on FICO Platform (use case, in production, May 7, 2025).

## Which of the large banks use FICO?

| # | Bank | Entries naming FICO | Strongest entry | Status | Date | On this site | Sources |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1 | [Santander US](https://www.bankingnewsai.com/banks/santander-us) | 3 | Machine-learning auto credit risk on FICO Platform (use case, in production, May 7, 2025) | In production | May 7, 2025 | [Santander US profile](https://www.bankingnewsai.com/banks/santander-us#where) | [FICO (Business Wire)](https://www.businesswire.com/news/home/20250507284930/en) |
| 2 | [BMO](https://www.bankingnewsai.com/banks/bmo-us) | 2 | FICO credit-decision platform on AWS — BMO moved credit decisioning to the FICO Platform on AWS, per AWS (undated) (use case, in production, Oct 13, 2026) | In production | Oct 13, 2026 | [BMO profile](https://www.bankingnewsai.com/banks/bmo-us#where) | [Amazon Web Services](https://aws.amazon.com/cn/partners/success/bmo-fico/); [Amazon Web Services](https://aws.amazon.com/enterprise/execleaders/customer-success-stories/bank-of-montreal/) |
| 3 | [TD](https://www.bankingnewsai.com/banks/td-bank-us) | 1 | FICO Platform in the TD North American Fraud Detection Platform (a TD group platform covering its North American operations, including the US) (vendor page, in production, Apr 18, 2024) | In production | Apr 18, 2024 | [FICO vendor page](https://www.bankingnewsai.com/vendors/fico) | [FICO (Business Wire)](https://www.businesswire.com/news/home/20240418781049/en) |
| 4 | [BMO Financial Group](https://www.bankingnewsai.com/banks/bmo-group) | 1 | AWS and FICO — Credit decisioning moved to the FICO Platform on AWS, per AWS (page undated, retrieved 2026-10-14) (section, Oct 14, 2026) | Mentioned | Oct 14, 2026 | [BMO Financial Group profile](https://www.bankingnewsai.com/banks/bmo-group#patents-and-partners) | [Amazon Web Services](https://aws.amazon.com/cn/partners/success/bmo-fico/) |

## How is this ranked?

Data: the 141 bank profiles on this site (lib/banks), every entry dated and sourced, plus the bank customers listed on the FICO vendor page (/vendors/fico).

Rule: A bank is listed when at least one use case, timeline move, platform note, section row, number, quote or leader entry on its profile matches the pattern FICO (Platform|Falcon|Decision|Blaze|Xpress)|FICO's, or when the vendor page records it as a customer. Score = number of matching entries. Order: entries, then banks with a matching use case in production, then the newest entry. An entry that only restricts or blocks the vendor's tool is kept, marked "Restricted" and sorted last.

Counts: 4 of 141 profiled banks qualify; 4 distinct sources cited in the table. Data checked 2026-10-28; ranking template updated 2026-10-30.

## What are the caveats?

Naming FICO on the public record is evidence of a relationship, a pilot or a policy, not of contract size or exclusivity; many banks use several providers and do not name them all.

Banks absent from the table have nothing matching on the record this site holds, which is not evidence that they do nothing. Each row links the bank's own page, where every entry carries its sources.

## FAQ

### Which bank ranks first?

Santander US leads with 3 entries: Machine-learning auto credit risk on FICO Platform (use case, in production, May 7, 2025). BMO is second with 2.

### How many large banks name FICO in sourced AI records?

4 of the 141 profiled banks (120 US, 21 non-US groups). Among those listed, 3 are US banks and 1 non-US groups.

### What counts, and what does not?

A bank is listed when at least one use case, timeline move, platform note, section row, number, quote or leader entry on its profile matches the pattern FICO (Platform|Falcon|Decision|Blaze|Xpress)|FICO's, or when the vendor page records it as a customer. Score = number of matching entries. Order: entries, then banks with a matching use case in production, then the newest entry. An entry that only restricts or blocks the vendor's tool is kept, marked "Restricted" and sorted last. Source: the 141 bank profiles on this site (lib/banks), every entry dated and sourced, plus the bank customers listed on the FICO vendor page (/vendors/fico).

### Is this a measure of capability?

No. Every row is a sourced fact on the public record: what the bank, a regulator, a filing or an independent outlet has put on the record. The page does not rate how well anything works.

### When was this checked, and how often does it update?

The data behind the table was last checked on 2026-10-28 (bank profiles and the FICO vendor page). The page recomputes whenever that dataset changes and is republished with the site; it is never edited by hand.

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- [All ranked answers](https://www.bankingnewsai.com/banks/leaders)

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