Bank of America is installing a system that processes credit evaluation for its indirect lending operations at an automobile dealer network in the Southwest.

The risk processor system from Appro Systems Inc. will process loan applications, evaluate risk, and ensure that the bank's credit scoring policy is applied uniformly throughout the network. The system can be reconfigured without additional software rewrites when the bank' s credit policy is modified.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.