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Teachers Federal Credit Union partners Corridor Platforms for credit decisioning tech

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Teachers Federal Credit Union partners Corridor Platforms for credit decisioning tech
  • 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.

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