SWBC Launches Preferred Collect™ with FICO®
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SWBC has launched Preferred Collect™, a managed collections service, in collaboration with FICO. This service aims to help credit union borrowers resolve past-due loan payments more efficiently by integrating FICO's omnichannel customer communication capabilities.

November 19, 2024 | 2:15 pm
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POSITIVE IMPACT
FICO has partnered with SWBC to launch Preferred Collect™, a service that integrates FICO's communication capabilities to aid credit union borrowers in resolving past-due loans.
The partnership with SWBC to launch a new service that leverages FICO's technology is likely to enhance FICO's market presence and could lead to increased demand for its services, positively impacting its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80