Credomatic, the largest credit card issuer in Central America, will install credit-scoring software from Fair, Isaac & Co.

The software, Application ScoreWare International, will help Credomatic "take advantage of new scoring models or modify existing ones for portfolio flexibility," said Ernesto Castegnaro, the chief executive officer of Credomatic.

Credomatic will install the software at its Costa Rica headquarters to process applications for divisions in Guatemala, Honduras, El Salvador, and Nicaragua.

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