Top Tools for Tough Times

Malakain, Anthony
July 2008
Bank Technology News;Jul2008, Vol. 21 Issue 7, p1
Trade Publication
The article reports on the use of automated credit decisioning tool from Zoot Enterprises Inc. by several banks in the U.S. including First Interstate Bank and Wachovia Corp. The tool provides big and small banks a more detailed and customized credit report for card products. According to Zoot's president Dennis Dixon, the credit decisioning tool costs from $20,000 to $150,000 for a one-time, direct implementation fee and transaction charges of under a dollar.


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