CCN Group said First USA Bank would use two of its credit management systems.
First USA expects to use the products, New Business Strategy Management software and the CCN-Iris credit bureau information retrieval and interpretation system, to improve credit decisions and risk analysis in its 14 million-account portfolio.
"CCN's solution gives us the tools to perform what-if analyses and strategy testing," said First USA vice president of credit policy Jim Christiansen. "We can not only refine our customer acquisition strategies but the software also allows us to quickly and easily implement the most successful strategies."
CCN-Iris connects First USA with the major credit bureaus and incorporates their data into the bank's credit management strategies.