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The initiative is also examining ways to increase investments and partnerships with minority-owned businesses and provide capital and educational investments into nonwhite communities.
The new platform was developed in collaboration with Bank of America.
Pitney Bowes' Bob Guidotti said the product will "reduce millions of dollars in operations expenses" while improving productivity and compliance.
“Ultimately, Connecticut’s overall budget results are largely dependent upon the performance of the national and state economies,” the comptroller said.