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 patent - All News and Analysis
Nasdaq Listing of Columbia, S.C.-Based Technology Company in Danger.(Knight Ridder/Tribune Business News)
Oct. 5--Affinity Technology Group Inc. is in danger of losing its listing on the Nasdaq Stock Market. The market has notified the company it not in compliance with the market's listing standards. For 30 trading days, Affinity's stock, traded under the symbol AFFI, has...
South Carolina-Based Tech Stocks Finish Friday Up from Previous Week.(Knight Ridder/Tribune Business News)
Mar. 5--Reports of a new patent sent Affinity Technology Group Inc.' s shares on a wild ride on Wall Street last week. Shares in the struggling Columbia-based technology company finished the week at $2.91, up $1.32 from the previous Friday's trading on the Nasdaq...
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...
Affinity Announces Third Quarter Results
COLUMBIA, S.C.--BUSINESS WIRE--Nov. 12, 1999-- Affinity Technology Group, Inc. (NASDAQ: AFFI) today announced financial results for the third quarter and nine months ended September 30, 1999. Revenues for the quarter were $880 thousand, with a net loss of $3.3 million, or 11cent per share. For the comparable period...
Affinity Technology Group Receives Second Patent on Automated Internet Lending System
COLUMBIA, S.C.--BUSINESS WIRE--Aug. 19, 1999-- Affinity Technology Group, Inc. (Nasdaq: AFFI) announced the issuance of a second patent covering fully automated lending systems. U.S. Patent 5,940,811, issued on August 17, 1999, clarifies and broadens the coverage provided by Affinity's patent number 5,870,721, which was...
Affinity Technology is Issued Patent for Fully Automated Loan Processing
COLUMBIA, S.C.--BUSINESS WIRE--Feb. 11, 1999--Affinity Technology Group, Inc. (Nasdaq:AFFI) today announced that the U.S. Patent & Trademark Office has notified the company that one of its three pending patents was issued on February 9, 1999. Affinity expects to receive the patent documents shortly. Affinity previously announced that it had received...
Affinity Technology Receives Notice Of Allowance For Patent For Fully Automated Loan Processing Via The Internet And Other Communications Networks
COLUMBIA, S.C.--BUSINESS WIRE--Sept. 10, 1998--Affinity Technology Group, Inc. (Nasdaq: AFFI) today announced that the company has received a notice of allowance from the U.S. Patent and Trademark Office for issuance of a U.S. patent pertaining to a system and method for real-time loan approval over a computer network without any...
Affinity Technology Receives Notice Of Allowance For Patent For Fully Automated Loan Processing Via The Internet And Other Communications Networks
COLUMBIA, S.C.--BUSINESS WIRE--Sept. 10, 1998--Affinity Technology Group, Inc. (Nasdaq: AFFI) today announced that the company has received a notice of allowance from the U.S. Patent and Trademark Office for issuance of a U.S. patent pertaining to a system and method for real-time loan approval over a computer network without any...
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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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