bank automation news – September 1, 2022
By: Whitney McDonald
BayCoast Bank is collaborating with alternative card provider Corserv on a credit card program to offer ePayables, automated credit-decisioning, sales and servicing portals, transparent reporting and complaint software.
The $2.5 billion bank will leverage Corserv’s automated credit-decisioning and underwriting tools — which use data analytics and artificial intelligence (AI) — for new credit applicants and to prevent fraud, Kevin Briggs, vice president of strategic initiatives at Swansea, Mass.-based BayCoast Bank, told Bank Automation News.
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