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<p /> <p>The DWP Credit Union Expansion Project contract began in May 2013. Around
80 credit unions are currently participating in the project. ABCUL has started delivering
the Automated Loan and decision tool to participating credit unions and feedback is
that the tool is ensuring loan decisions are faster, consistent and more efficient
to deliver. Procurement of an IT banking platform is also being progressed but much
remains to be done particularly on achieving sufficient growth for Credit Unions,
and DWP continue to support and monitor the project closely</p>
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