Project elevator pitch

[Bank of America is the number one credit card issuer in Alhambra and is using a model it just purchased from NoomX analytics. The model helps it select the right interest rate for its credit card. The bank uses some explanatory variables including their monthly income, the length of their account with the bank (in years) as well as the consumers debt to income ratio.]

Based on the above, create an “elevator pitch” speech for this project, which should cover:
– State the business problem you would be solving
– Define what success looks like for the project based on the business problem.  How can the company use this information to make better decisions?