BNET Industries
Market Cap:$47.1K
Last Fiscal Year Sales:$33.3K
- Public
- US
Dow Jones Description
Affinity Technology Group, Inc. was incorporated as a Delaware corporation in 1994. Its principal executive offices are located at 1310 Lady Street, Suite 601, Columbia, South Carolina 29201, and its telephone number is (803) 758-2511. Affinity was formed to develop and market technologies that enable financial institutions and other businesses to provide consumer financial services electronically with reduced or no human intervention. Products and services previously offered by Affinity include its DeciSys/RT loan processing system, which automated the processing and consummation of consumer financial services transactions; the Affinity Automated Loan Machine (the ALM), which allowed an applicant to apply for and, if approved, obtain a loan in as little as ten minutes; the Mortgage ALM, which allowed an applicant to apply for a mortgage loan; e-xpertLender, which permitted a financial institution to make automated lending decisions through its call centers and branches; iDEAL, which permitted automobile lenders to make automobile lending decisions for loan applications originated at automobile dealers; and rtDS, which permitted lenders to deliver credit decisions to applicants over the Internet. Due to capital constraints, we have suspended all efforts to further develop, market and operate these products and services. ...
Chairman, President, Chief Executive Officer
Joseph A BoyleNumber of Employees 2
Contact Information
8807 A Two Notch Road
Suite A
Columbia, South Carolina 29223
8037582511
Peer Companies
NAICS Code Computer Systems Design Services: 541512
News & Analysis
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affinity technology group inc. and business wire - All News and Analysis
Affinity Technology Group Enters Into an Agreement to Pay Off $1 Million Convertible Debenture
Business Editors COLUMBIA, S.C.--BUSINESS WIRE--Sept. 18, 2001 Affinity Technology Group, Inc. (OTCBB: AFFI) today announced that it has amended its $1 million convertible debenture purchase agreement with an international institutional investor. Under the terms of the amendment, remaining principal and accrued interest of $703,435 will be repaid...
Affinity Technology Group Announces a Thirty Day Extension of Redmond Due Diligence Period
Business Editors COLUMBIA, S.C.--BUSINESS WIRE--Sept. 6, 2000 Affinity Technology Group, Inc. (Nasdaq: AFFI) today announced that it has agreed to give Redmond Fund, Inc. an additional 30 days to complete its due diligence review of the company under the Common Stock Purchase Agreement between Affinity and Redmond, which...
Affinity Announces Second Quarter Results
Business Editors COLUMBIA, S.C.--BUSINESS WIRE--Aug. 15, 2000 Affinity Technology Group, Inc. (NASDAQ: AFFI) today announced financial results for the second quarter and six months ended June 30, 2000. Revenues for the quarter were $679 thousand, with a net loss of $1.5 million, or $0.05 per share. Second...
Affinity Announces First Quarter Results
Business Editors COLUMBIA, S.C.--BUSINESS WIRE--May 23, 2000 Affinity Technology Group, Inc. (NASDAQ:AFFI) announced today that revenues for the first quarter of 2000 were $353 thousand with a net loss of $1.8 million, or $0.06 per share. For the comparable period of 1999, revenues were $326 thousand and the...
Affinity Technology Group Launches Home Equity Products
Business Editors COLUMBIA, S.C.--BUSINESS WIRE--May 2, 2000 "Products Deliver Immediate Decisions to Consumers in Real-Time" Affinity Technology Group, Inc. (Nasdaq: AFFI) today launched its Home Equity and Home Equity Line of Credit automated lending products. Both products are designed for implementation in either an Internet or traditional...
Affinity Technology Group Sues the Dime Savings Bank and Hudson United Corporation
Business Editors COLUMBIA, S.C.--BUSINESS WIRE--April 19, 2000 Affinity Technology Group, Inc. (Nasdaq: AFFI) today announced that it has filed suit against The Dime Savings Bank of New York and Hudson United Bancorp. The suit was filed in the United States District Court for the district of South Carolina,...
Affinity Technology Group Receives Approval of Nasdaq Smallcap Market Application
Business Editors COLUMBIA, S.C.--BUSINESS WIRE--April 18, 2000 Affinity Technology Group, Inc. (Nasdaq: AFFI) today announced that its application to transfer from the Nasdaq National Market to the Nasdaq SmallCap Market has been approved, following the successful completion of an application and review process by Nasdaq. Affinity has been...
Affinity Announces Fourth-Quarter and Year-End Results
Business Editors COLUMBIA, S.C.--BUSINESS WIRE--March 31, 2000 Affinity Technology Group, Inc. (NASDAQ:AFFI) today announced financial results for the fourth quarter and for the full year ended December 31, 1999. Revenues for the quarter were $501 thousand, with a net loss of $3.8 million, or $0.13 per share....
Affinity Technology Group to Reschedule Quarterly Conference Call
COLUMBIA, S.C.--BUSINESS WIRE--March 29, 2000 Affinity Technology Group, Inc. (Nasdaq: AFFI) announced that is was rescheduling its planned quarterly analyst conference call, which was previously scheduled for March 30, until the first part of April. The company said that the rescheduling would allow it to better inform analysts...
Affinity Announces Appointment of New President and CEO
Business & High Tech Editors COLUMBIA, S.C.--BUSINESS WIRE--Jan. 10, 2000 Affinity Technology Group, Inc. (NASDAQ:AFFI) today announced the appointment of Joseph A. Boyle, 45, as its new President and Chief Executive Officer effective immediately, replacing Murray Smith, who has resigned. Mr. Smith will remain on the Company's Board...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| S Sean Douglas | Executive Vice President and Chief Operating Officer |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Joseph A Boyle | Chairman, President, Chief Executive Officer |
| Peter R Wilson | Board of Directors |
| Robert M. Price | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Affinity Technology Group, Inc. | Chairman, President, Chief Executive Officer | Current |
| Uci Medical Affiliates, Inc. | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Affinity Technology Group, Inc. | Executive Vice President and Chief Operating Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Affinity Technology Group, Inc. | Board of Directors | Current |
| The University of North Carolina | Ph.D. In Accounting | Former |
| The University of North Carolina | Bachelor's Degree | Former |
Robert M. Price , age 78, was elected as a director in June 1998 and served as our Chairman of the Board between June 1998 and December 2005. Mr. Price has been President of PSV, Inc., since 1990. Between 1961 and 1990, he served in various executive positions, including as Chairman and Chief Executive Officer, with Control Data Corporation. From 1991 to 2005, Mr. Price was a Senior Advisor and Professor at the Fuqua School of Business at Duke University, and is now Adjunct Professor of the Pratt School of Engineering at Duke University. Mr. Price is Mr. Meland's father-in-law. Mr. Price also serves on the Board of Directors of PNM Resources, Inc., Affinity Technology Group, Inc. and National Center for Social Entrepreneurs.
| Organization | Position | Status |
|---|---|---|
| Pratt School of Engineering at Duke University | Adjunct Prof | Current |
| Affinity Technology Group, Inc. | Board of Directors | Current |
| Datalink Corporation | Board of Directors | Current |
| Duke University | Former |
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