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Teachers Federal Credit Union partners Corridor Platforms for credit decisioning tech

March 1, 2024

Teachers Federal Credit Union has partnered with Corridor Platforms, a New Jersey-based software startup, to enhance its decision management and credit risk capabilities.
The New York-based credit union, with $9.7 billion in assets, will adopt Corridor Platforms’ digital decisioning platform, leveraging generative AI and deep learning models to automate the credit decision process.
The partnership aims to drive cost effectiveness, automate analytics and reporting, and provide personalized experiences for Teachers Federal Credit Union’s members.
Corridor Platforms, founded in 2017, previously launched a “Decisioning-as-a-Service” offering in collaboration with investors EXL Service and Oliver Wyman in 2022.